The Firm as a Dedicated Hierarchy1 A Theory of the Origins and Growth of Firms

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The Firm as a Dedicated Hierarchy: A Theory of the Origins and Growth of Firms Author(s): Raghuram G. Rajan and Luigi Zingales Source:The Quarterly Journal of Economics, Vol. 116, No. 3 (Aug., 2001), pp. 805-851 Published by: Oxford University Press Stable URL: http://www.jstor.org/stable/2696419 . Accessed: 12/05/2014 09:07 Your use of the JSTOR archive indicates your acceptance of the Terms & Conditions of Use, available at . http://www.jstor.org/page/info/about/policies/terms.jsp . JSTOR is a not-for-profit service that helps scholars, researchers, and students discover, use, and build upon a wide range of content in a trusted digital archive. We use information technology and tools to increase productivity and facilitate new forms of scholarship. For more information about JSTOR, please contact support@jstor.org. . Oxford University Press is collaborating with JSTOR to digitize, preserve and extend access to The Quarterly Journal of Economics. http://www.jstor.org This content downloaded from 221.5.4.203 on Mon, 12 May 2014 09:07:19 AM All use subject to JSTOR Terms and Conditions THE FIRM AS A DEDICATED HIERARCHY: A THEORY OF THE ORIGINS AND GROWTH OF FIRMS* RAGHURAM G. RAJAN...