The article focuses on the debate concerning the participation of laborers in the management of the enterprise. Duchini makes clear that this perspective calls for the replacement of the theory of enterprise in its abstract forms with the objective investigation of the modern corporate structure, defined as the set of relations and ratios between the various constitutive elements of an enterprise located in space and time. The enterprise is depicted as a human collectivity which organizes itself and ties particular relations for the achievement of a common purpose. The main groups involved in an enterprise are capital holders, labor, and governing body or entrepreneur (collegial governing body). In Duchini’s view the enterprise has a goal to reach – making least-cost utilities – and it is structured to reach this goal by heeding technical needs in the most proper way, that is to say respecting human needs.