The Logic of Management Consulting, Part 1
Journal of Management Consulting, Vol. 10, No. 2, pp. 3-11, 1998
26 Pages Posted: 1 Oct 2008
Date Written: 1998
This two-part article explores why management consultants and why they organize in independent firms. The intellectual foundation is transaction cost economics.
Part 1 summarizes the history of management consulting and reviews the literature. Part 2 applies TCE to management consulting to explain why the boundary between consultants and their clients is drawn the way it is.
Keywords: management consulting, transaction cost economics
JEL Classification: L14, L84
Suggested Citation: Suggested Citation