The Business Enterprise in the Age of Money Manager Capitalism

What If There Are No Conventional Price Mechanisms?

“…Going concerns strive to reproduce themselves over time by creating internal structures (i.e., established patterns of activity) and working rules, and by taking strategic actions. Reproduction requires stability, yet, irreversible decisions lead unexpectedly to instability (Jo 2011;Jo and Henry 2015;Lee and Jo 2011). Moreover, the study of the social provisioning process has the potential to offer answers to such questions as "how resources come into use, how wants arise, and what economic activities mean," questions that have been ignored by mainstream economists (Dugger 1996, 32).…”

“…Rather, increasing wage rates would increase the demand for consumption goods and, in turn, would increase the production of goods and services. Classical political economists, institutionalists, post-Keynesians, and feminists understand that wages (including the subsistence wage, base wage, minimum wage, and family wage) are socially and institutionally determined and administered Downloaded by [University of Saskatchewan Library] at 23:15 10 June 2016 (Henry 2015;Todorova 2009, 128-130). Administered and stable wages imply that the functional relationship between wages and employment is hardly found in the real world.…”

The Institutionalist Theory of the Business Enterprise: Past, Present, and Future

“…What it means to ITBE is that although all the enterprises can be perceived as going concerns, it is untenable to assume that financial and merchant enterprises, in particular, behave in the same way as industrial concerns. ITBE needs to incorporate different forms of the business enterprise as well as recent changes in the economic structure (Jo and Henry 2015).…”

Going Concern dalam Metafora Ondel-Ondel

“…Going concern dalam akuntansi yang dipenuhi dengan berbagai simbol dan tanda bisa mengarah menjadi sebuah rezim karena begitu besar kekuasaannya terhadap kelangsungan hisup perusahaan. Hal ini sejalan dengan pendapat beberapa peneliti yang mengatakan bahwa going concern harus melalui deal,waktu, dan evaluasi (Amin, Krishnan, & Yang, 2014;Bryer, 2015;Efferin, 2015;Jo & Henry, 2015). Artinya, bagi ondel-ondel yang juga berparade dengan simbol-simbol untuk memperlihatkan bahwa dia eksis sebagai budaya Betawi di masyarakat ibu kota Jakarta bisa going concern melalui deal, waktu, dan evaluasi.…”