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

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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.

Info:

Periodical:

Advanced Materials Research (Volumes 347-353)

Edited by:

Weiguo Pan, Jianxing Ren and Yongguang Li

Pages:

3268-3270

DOI:

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

Citation:

B. Cui "GM-Fisher Body Revisited: Based on the Synthesis of the Transaction Cost and the Capabilities", Advanced Materials Research, Vols. 347-353, pp. 3268-3270, 2012

Online since:

October 2011

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$35.00

[1] Coase, R.H. The Acquisition of Fisher Body by General Motors, Journal of Law & Economics, University of Chicago Press, vol. 43(1), pages 15-31, April, (2000).

[2] Ronald Coase. The Conduct of Economics: The Example of Fisher Body and General Motors, Journal of Economics & Management Strategy, Blackwell Publishing, vol. 15(2), pages 255-278, 06, (2006).

DOI: 10.1111/j.1530-9134.2006.00100.x

[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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