Explores the issue of market imperfections and its implications for multinationals as well as LDC based firms. In developing economies, imperfect markets and thin organizational networks exist. The number of organizations is small relative to total population, and their distribution is highly skewed toward many small-size firms, few medium-size organizations, and a very few large foreign and state owned organizations. Is size related to change? Are structural types related to growth and development? Is centralization desirable over decentralized firms in LDCs? These and similar issues are examined.-from Editor

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Jorgensen, J.J. (J. J.), Hafsi, T. (T.), & Kiggundu, M. (1984). Market imperfections and organizational structure: the LDC perspective. Marketing in developing countries, 172–187.