Partnership versus Corporation: Implications of Alternative Forms of Governance in Professional Service Firms

Research in the Sociology of Organizations

Volumn 24, Issue , 2006, Pages 139-170

  Empson, Laura ^a   Chapman, Chris ^a  

^a NONE

Author keywords

[No Author keywords available]

Indexed keywords

EID: 33645869555     PISSN: 0733558X     EISSN: None     Source Type: Book Series    
DOI: 10.1016/S0733-558X(06)24006-0     Document Type: Review

References (66)

1. Abernethy M., and Stoelwinder J. The role of professional control in the management of complex organizations. Accounting, Organizations, and Society 20 (1995) 1-17
2. Alchian A., and Demsetz H. Production, information costs, and economic organization. The American Economic Review 62 (1972) 777-795
3. Alvesson M. Knowledge work: Ambiguity, image and identity. Human Relations 54 (2001) 863-886
4. Anderson-Gough F., Grey C., and Robson K. Making up accountants: The organizational and professional socialization of trainee chartered accountants (1998), Ashgate, Aldershot
5. Augur P. The death of gentlemanly capitalism (2000), Penguin, London
6. Bailyn L. Autonomy in the industrial R&D lab. Human Resource Management Journal 24 (1985) 129-146
7. Barry C. Choosing qualitative data analysis software: Atlas.ti and Nudist compared. Sociological Research Online 3 (1998)
8. Ciancanelli, P. (2002). Profitability and growth in partnerships: A conceptual framework. Working Paper. Department of Accounting and Finance, Strathclyde University, UK.
9. Clementi, D. (2004). Review of the regulatory framework for legal services in England and Wales - a consultation paper. Department of Constitutional Affairs.
10. Cooper D., Hinings B., Greenwood R., and Brown J. Sedimentation and transformation in organizational change: The case of Canadian law firms. Organization Studies 17 (1996) 623-647
11. Covaleski M., Dirsmith M., Heian J., and Samuel S. The calculated and the avowed: Techniques of discipline and struggles over identity in Big Six public accounting firms. Administrative Science Quarterly 43 (1998) 293-327
12. Dirsmith M., Heian J., and Covaleski M. Structure and agency in an institutionalised setting: The application and social transformation of control in the Big 6. Accounting, Organizations, and Society 22 (1997) 1-27
13. Empson L. Fear of exploitation and fear of contamination: Impediments to knowledge transfer in mergers between professional service firms. Human Relations 54 (2001) 839-862
14. Fama E. Agency problems and the theory of the firm. Journal of Political Economy 88 (1980) 288-307
15. Fama E., and Jensen M. Separation of ownership and control. Journal of Law and Economics 26 (1983) 301-325
16. Freidson E. Professionalism: The third logic (2001), Polity Press, Cambridge
17. Galanter M., and Palay T. Tournament of lawyers (1991), University of Chicago Press, Chicago, IL
18. Gilson R., and Mnookin R. Sharing among the human capitalists: An economic enquiry into the corporate law firm and how partners split profits. Stanford Law Review 37 (1985) 313-392
19. Glaser B. Basics of grounded theory analysis (1992), Sociology Press, New York, NY
20. Glaser B., and Strauss A. The discovery of grounded theory: Strategies for qualitative research (1967), Aldine Publishing Co, Chicago, IL
21. Greenwood R., and Empson L. The professional partnership: Relic or exemplary form of governance?. Organization Studies 24 (2003) 909-933
22. 2-form" strategic management: Corporate practices in professional partnerships. Academy of Management Journal 33 (1990) 725-755
23. Greenwood, R., Li, S., & Deephouse, D. (2003). A forgotten question: Does type of ownership matter for organizational performance? Presented at Oxford conference on professional service firm management. Said Business School, University of Oxford.
24. Hall R. Professionalization and bureaucratisation. American Sociology Review 3 (1968) 92-104
25. Hart O., and Moore J. Property rights and the nature of the firm. Journal of Political Economy 98 (1990) 1119-1158
26. Heydebrand W. Autonomy, complexity, and non-bureaucratic coordination in professional organizations. In: Heydebrand W. (Ed). Comparative organizations: The results of empirical research (1973), Prentice-Hall, Englewood Cliffs, NJ
27. Holstein, J. A., & Gubrium, J. F. (2001). The active interview. In: D. Silverman (Ed.), Qualitative research: Theory, method and practice (2nd ed.). London: Sage.
28. Jensen M., and Meckling W. Theory of the firm: Managerial behaviour, agency costs, and ownership structure. In: Barney J., and Ouchi W. (Eds). Organizational economics (1986), Jossey-Bass, San Francisco
29. Johnson J. Limited liability for lawyers: General partners need not apply. The Business Lawyer 51 (1995) 85-145
30. Kelle U. Theory building in qualitative research and computer programs for the management of textual data. Sociological Research Online 2 (1997)
31. Leibowitz A., and Tollison R. Free-riding, shirking, and team production in legal partnerships. Economic Inquiry XVIII July (1980) 380-394
32. Levin, J., & Tadelis, S. (2002). A theory of partnership. Working Paper. Department of Economics, Stanford University.
33. Lowendahl B. Strategic management of professional firms (2000), Handelshojskolens Forlag, Copenhagen
34. McKenna, C. (2000). The world's newest profession: Management consulting in the 20th century. Unpublished PhD thesis. John Hopkins University.
35. Meiksins P., and Watson J. Professional autonomy and organizational constraint: The case of engineers. The Sociological Quarterly 30 (1989) 561-585
36. Miles M.B., and Huberman A.M. Qualitative data analysis: A sourcebook of new methods (1984), Sage, London
37. Morris T. Asserting property rights. Human Relations 54 (2001) 819-838
38. Morris T., and Empson L. Organizations and expertise: An exploration of knowledge bases and the management of accounting and consulting firms. Accounting, Organisations and Society 23 (1998) 609-624
39. O'Sullivan M. Contests for corporate control: Corporate governance & economic performance in the United States and Germany (2000), Oxford University Press, Oxford
40. Peel, M., & Eaglesham, J. (2002). Personal protection versus financial privacy, Financial Times, 9 January, p. 13.
41. Pinnington A., and Morris T. Transforming the architect: Ownership form and archetype change. Organization Studies 23 (2002) 189-210
42. Podolny J. A status-based model of market competition. The American Journal of Sociology 98 4 (1993) 829-872
43. Pretzlik, C., & Silverman, G. (2002). City partnerships that were forced to grow up, Financial Times, 8 January, p. 12.
44. Raelin J. Clash of cultures: Managers managing professionals (1985), Harvard Business School Press, Boston, MA
45. Rajan R., and Zingales L. The governance of the new enterprise. In: Vives X. (Ed). Corporate governance: Theoretical and empirical perspectives (2000), Cambridge University Press, Cambridge
46. Ranson S., Hinings B., and Greenwood R. The structuring of organizational structures. Administrative Science Quarterly 25 (1980) 1-17
47. Ritzer G., and Walczak D. Working: Conflict and change (1986), Prentice-Hall, New Jersey
48. Robertson M., and Swan J. Going public: The emergence and effects of soft bureaucracy within a knowledge-intensive firm. Organization 11 (2004) 123-148
49. Rose T., and Hinings C. Global clients' demands driving changes in global business advisory firms. In: Brock D., Powell M., and Hinings C. (Eds). Restructuring the professional organization (1999), Routledge, London
50. Shafer W., Lowe D., and Fogarty T. The effects of corporate ownership on public accountants' professionalism and ethics. Accounting Horizons 16 (2002) 109-125
51. Sharma A. Professional as agent: Knowledge asymmetry in agency exchange. Academy of Management Review 22 (1997) 758-798
52. Sherwood, B. (2003). UK legal services set for radical shakeup, Financial Times, 24 July.
53. Silverman D. Interpreting qualitative data: Methods for analysing talk, text and interaction. 2nd ed. (2001), Sage, London
54. Sorenson J., and Sorenson T. The conflict of professionals in bureaucratic organizations. Administrative Science Quarterly 19 1 (1974) 98-106
55. Spar D. Lawyers abroad: The internationalization of legal practice. California Management Review 39 (1997) 8-28
56. The Accountant. (1985a). The report behind the Big Nine's views on liability. The Accountant, 21 August, p. 6.
57. The Accountant. (1985b). Kingsmill's group to study capping and incorporation. The Accountant, 14 August, p. 5.
58. The Lawyer. (1988). Arrangements get thumbs down. The Lawyer, 11 February, p. 12.
59. The Law Society Gazette. (1987). God help the clients. The Law Society Gazette, 22 July, p. 2188.
60. Tolbert P. Institutional sources of organizational culture in major law firms. In: Zucker L. (Ed). Institutional patterns and organizations: Culture and environment (1988), Ballinger, Cambridge, MA
61. Tolbert P., and Stern R. Organizations of professionals: Governance structures in large law firms. In: Tolbert P., and Barley S. (Eds). Research in the sociology of organizations: Vol. 8, organizations and professions (1991), JAI Press, London 97-118
62. Tsang, L. (2002). A more robust professional shield. Financial Times, 20 May, p. 14.
63. Van Lent L. The economics of an audit firm: The benefits of partnership governance. British Accounting Review 31 (1999) 225-254
64. von Nordenflycht, A. (2003). Is public ownership bad for professional service firms? Evidence from advertising agencies. Presented at Academy of Management Meeting, Seattle.
65. Wilensky H. The professionalization of everyone?. The American Journal of Sociology LXX (1964) 137-158
66. Winch G., and Schneider E. Managing the knowledge-based organization: The case of architectural practice. Journal of Management Studies 30 (1993) 923-938