GM-Fisher Body Revisited: Based on the Synthesis of the Transaction Cost and the Capabilities

Bing Cui

doi:10.4028/www.scientific.net/AMR.347-353.3268

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HomeAdvanced Materials ResearchAdvanced Materials Research Vols. 347-353GM-Fisher Body Revisited: Based on the Synthesis...

GM-Fisher Body Revisited: Based on the Synthesis of the Transaction Cost and the Capabilities

Abstract:

The acquisition of the GM-Fisher Body was the example cited widely in the empirical studies of the firm theories. The theory of the firm boundaries based on the synthesis of the transaction cost and the firm capabilities explains that the acquisition is due to the higher measurement cost, the increasing transaction frequency and the GM’s lack less of the capability to make the car-body, asset specificity is not the main cause.

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Periodical:

Advanced Materials Research (Volumes 347-353)

Pages:

3268-3270

DOI:

https://doi.org/10.4028/www.scientific.net/AMR.347-353.3268

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Online since:

October 2011

Authors:

Bing Cui

Keywords:

Firm Boundaries, Firm Capabilities, Transaction Cost

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References

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[3] Benjamin Klein. Fisher-General Motors and the Nature of the Firm,Journal of Law and Economics. vol. 43 (1), pages 105–141, 2000.

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