The Knot of Contracts: The Corporate Geography of Legacy Costs
The Knot of Contracts: The Corporate Geography of Legacy Costs
复制标题
合同之结：遗留成本的企业地理
DOI：
10.1111/j.1944-8287.2008.tb00404.x
复制
发表时间：
2007
影响因子：
7
通讯作者：
Ashby H. B. Monk
中科院分区：
文献类型：
--
作者：
Ashby H. B. Monk
过去繁重的承诺正在威胁着主要在美国中西部的一批集中的行业和社区。本文以德尔菲公司的破产为切入点，记录了遗留成本巨大的“旧经济企业”的危机。为了了解这场遗留危机的根源，分析建立在以前的经济地理研究和广泛订阅和独特的“专家意见”调查结果的基础上，该调查强调了固定收益养老金在私营部门的企业影响。其结果是一个概念性的框架，描述了公司的遗产成本地理：“合同结”。具体来说，合同结概念化的代际承诺在限制企业的发展和创新的作用，同时强调时间作为一个核心组成部分的性质的公司。发展这一框架需要将公司的微观经济理论与公司地理的制度方面联系起来。虽然通篇都提到了具体案例和专有数据，但本文主要关注的是理解遗留成本。此外，其目的是揭示管理和政府的行为，收紧了这个结的合同，并揭露目前的管理人员试图通过合同结的不利影响来管理他们的公司。本文中的解释在公司及其周围社区所面临的现实与全球化背景下公司和竞争力的更抽象概念之间起到了有益的桥梁作用。
Abstract Burdensome past commitments are threatening a concentrated group of industries and communities, predominantly in the U.S. Midwest. Beginning with the bankruptcy of Delphi Corporation, this article documents the crisis for “old-economy firms” with significant legacy costs. To understand the root causes of this legacy crisis, the analysis builds on previous research in economic geography and the results of a widely subscribed and unique “expert opinion” survey highlighting the corporate impacts of defined benefit pensions in the private sector. The result is a conceptual framework that describes the corporate geography of legacy costs: the “knot of contracts.” Specifically, the knot of contracts conceptualizes the role of intergenerational commitments in restricting corporate evolution and innovation, while underscoring time as a central component of the nature of the firm. Developing this framework requires linking microeconomic theories of the firm with the institutional aspects of firms’ geographies. While referring to specific cases and proprietary data throughout, the article is principally concerned with understanding legacy costs. In addition, the intent is to uncover managerial and governmental behavior that tightened this knot of contracts and to expose the current managers’ attempts to manage their firms through the adverse affects of the knot of contracts. The explanations in this article serve as a useful bridge between the realities faced by firms and their surrounding communities and the more abstract notions of the firm and competitiveness in the context of globalization.
影响因子：
13.7
作者：
TVERSKY, A;KAHNEMAN, D
通讯作者：
KAHNEMAN, D