performance. A review of the relevant literature, including transaction cost economics, sociological studies of bureaucracy …) Diseconomies of scale from bureaucratic failure have a negative impact on firm performance; (4) Economies of scale increase the …

performance. A review of the relevant literature, including transaction cost economics, sociological studies of bureaucracy …) Diseconomies of scale from bureaucratic failure have a negative impact on firm performance; (4) Economies of scale increase the …

corporate performance. It uses Coasian transaction cost economics and Williamson’s thinking on the nature of diseconomies of …

size. It uses firm performance (risk-adjusted profitability and growth) as dependent variable; and firm organization …

bureaucratic failure have a negative impact on firm performance; (4) Economies of scale increase the relative profitability of …