Abstract
Decision-making institutions evident in today’s small businesses display remarkable similarities to medieval feudalism. This paper presents: (1) the institutions of feudalism as applied to small business, (2) a theoretical framework as a foundation for explaining obvious parallels, and (3) propositions that furnish a basis for further research.
Original language | English |
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Pages (from-to) | 208-218 |
Number of pages | 11 |
Journal | Journal of Small Business and Enterprise Development |
Volume | 5 |
Issue number | 3 |
DOIs | |
State | Published - Sep 1 1998 |
Keywords
- Business history
- Governance
- History
- Small firms