Others have mentioned Coase (whose paper is a great read!). I would also recommend The Visible Hand: The Managerial Revolution in American Business. This is an economic history work detailing how large corporations emerged in the US in the 19th century.
Others have mentioned Coase (whose paper is a great read!). I would also recommend The Visible Hand: The Managerial Revolution in American Business. This is an economic history work detailing how large corporations emerged in the US in the 19th century.