This edition contains a new article by Oliver Williamson entitled, "Transaction Cost Economics and Organization Theory".

This book is made up of chapters by experts in organization theory who have addressed issues originally formulated by Chester Barnard in his seminal book, The Functions of the Executive. Each author discusses concepts introduced by Barnard, and then explores future prospects for organization theory. The authors provide many perspectives on organization theory that carry forward the work begun by Barnard. The book derives from a seminar series given at the University of California at Berkeley Business School.

first-rate people gave the lectures, and what they have to say is important to all of us concerned with the field