The nature of firm (On the coalition of economic men: Q Why does remmjoin a firm? D Maximization of his own interests Q When does REMM quit from a firm? a Seek different chance to maximize his own interests; WHen we define human being as reMM, we have to solve the fundamental issue d How does remm trust each other? Task Team of FUndaMientalactoUntING Business Sehool. Sun Yatsen niversity
11 The Nature of Firm ⧫On the coalition of economic men: ⧫Why does REMM join a firm? Maximization of his own interests; ⧫When does REMM quit from a firm? Seek different chance to maximize his own interests; ⧫When we define human being as REMM, we have to solve the fundamental issue: How does REMM trust each other?
The Value of Accounting Q Without trust, we could not have even a family, let alone a firm 0 911 and the increase of trusting cost C REMMs have to find efficient ways to develop and maintain trust n They know that they have to d The problem is how; Task Team of FUndaMientalactoUntING Business Sehool. Sun Yatsen niversity 12
12 The Value of Accounting ⧫Without trust, we could not have even a family, let alone a firm; 911 and the increase of trusting cost; ⧫REMMs have to find efficient ways to develop and maintain trust; They know that they have to; The problem is how;