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The basic insight of the finance conception was that such a firm could be more tightly controlled by strict accounting. This progression does not imply, however, that one conception of control caused the emergence of its successor. New conceptions of control evolved out of key interactions among firms and between firms and the state.

— Neil Fligstein

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The main problem actors face is uncertainty caused by difficulties in finding suppliers and customers and in controlling their own firm.

The social structures of markets and the internal organisation of firms are best viewed as attempts to mitigate the effects of competition with other firms.

Younger and smaller firms would be more likely to adopt the MDF (Multidivisional Form) than older and larger ones.

Markets are social constructs that reflect the unique political-cultural construction of their business enterprises and nations.

A conception of control is simultaneously a worldview that allows actors to interpret the actions of others and a reflection of how the market is structured.

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Quote text and notes from Wikiquote: Neil Fligstein (page history), available under CC BY-SA 4.0. Source quality and labels are our own summary of what Wikiquote records.