The Logic of Management Consulting, Part 2
Journal of Management Consulting, Vol. 10, No. 3, pp. 3-12, May 1999
27 Pages Posted: 5 Oct 2008
Date Written: 1999
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