Organizational Change and Vested Interests
18 Pages Posted: 3 Feb 2003
Date Written: 22 2000 6,
The nature of organizational change and the value of headquarters is analyzed in a dynamic bargaining model. Organizational change can be either imposed, or voluntary and immediate, or voluntary and delayed. Headquarters derives it value from preventing surplus reducing endogenous commitments.
Keywords: organizational change, headquarters, dynamic bargaining game
JEL Classification: M, M10, L2, L22
Suggested Citation: Suggested Citation