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Influencia de la forma institucional y de los diferentes tipos de trabajo en el problema del control en las empresas de trabajo asociado

Author

Listed:
  • Waldo E. Orellana Zambrano

    (Universidad de Valencia)

  • Carlos Rueda Armengot

    (Universidad Politécnica de valencia)

Abstract

From a compared institutional analysis, the institutional characteristics and problems of agency are defined in different types of firms. There follows an examination of the interdependence and circularity of the problem of agency in labour managed firms, and the problems of control which occur in these businesses, with emphasis on the problem of control with regard to both managerial behaviour and operative work. One novel aspect of this work is the joint study of different hierarchical levels, dealing with the different types of work and the ease of, or difficulties in, mediation and evaluation as a basic substratum of the problem of agency, which in this article is added to the classic problems of agency in managerial behaviour.

Suggested Citation

  • Waldo E. Orellana Zambrano & Carlos Rueda Armengot, 2004. "Influencia de la forma institucional y de los diferentes tipos de trabajo en el problema del control en las empresas de trabajo asociado," CIRIEC-España, revista de economía pública, social y cooperativa, CIRIEC-España, issue 48, pages 123-144, April.
  • Handle: RePEc:cic:revcir:y:2004:i:48:p:123-144
    as

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    References listed on IDEAS

    as
    1. Jensen, Michael C. & Meckling, William H., 1976. "Theory of the firm: Managerial behavior, agency costs and ownership structure," Journal of Financial Economics, Elsevier, vol. 3(4), pages 305-360, October.
    2. Jensen, Michael C, 1986. "Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers," American Economic Review, American Economic Association, vol. 76(2), pages 323-329, May.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Co-operatives; associated work; hierarchy; relation of agency; control; incentives; co-ordination; corporate governance.;
    All these keywords.

    JEL classification:

    • J54 - Labor and Demographic Economics - - Labor-Management Relations, Trade Unions, and Collective Bargaining - - - Producer Cooperatives; Labor Managed Firms
    • M12 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Personnel Management; Executives; Executive Compensation
    • M19 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Other
    • P13 - Political Economy and Comparative Economic Systems - - Capitalist Economies - - - Cooperative Enterprises

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