#23611
Mentioned in 1 episodes

Voice and Exit

Responses to Decline in Firms, Organizations, and States
Book •
"Exit, Voice, and Loyalty: Responses to Decline in Firms, Organizations, and States" by Albert O. Hirschman explores how individuals respond when organizations they value decline in quality.

Hirschman identifies two primary responses: exit (withdrawing from the organization) and voice (attempting to repair or improve the organization from within).

The book examines the factors that influence the choice between these responses, including the availability of alternatives and the degree of loyalty to the organization.

It also analyzes the interplay between exit and voice, and how their interaction can affect the performance and evolution of organizations.

Hirschman's work provides valuable insights into organizational behavior and the dynamics of institutional change.

Mentioned by

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Haonan Li

Mentioned in 1 episodes

Mentioned by
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Haonan Li
when discussing the right to exit as an important check on authority.
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