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Complexity and Funding Stability。
Complexity of Transaction Costs and Evolution of Corporate Governance
transaction costs corporate governance selective mechanism life cycles
2009/5/7
Conflicting agendas in corporate governance show the limits of the transaction costs approach and property rights theory. A top-down approach of control and monitor may have negative effect on the co...
For Adam Smith, wealth was related to the division of labor. As people and firms specialize in different activities, economic efficiency increases, suggesting that development is associated with an in...