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This is a comprehensive analysis of the present state of organization theory. The author traces the evolution and particularly the more recent history of the field, and its scope and content. He then considers the relevant literature organized by major issues and concepts. Jeffrey Pfeffer makes the point that the world of organizations the book surveys has changed in four important ways: the increasing externalization of the employment relation and the development of the "new employment contract;" the change in the size distribution of organizations, with a comparative growth in the proportion of smaller organizations; the increasing influence of external capital markets on organizational governance and decision making; and the increasing salary inequality within organizations in the U.S. compared both to the past and to other industrialized nations. These changes make it especially important to understand the organizations themselves. The author is a major scholar in the field of organizations and his perspective should be of considerable interest to scholars and students in the field.