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From Contractual Approach Of Firm To Theories Of Knowledge

Author

Listed:
  • Diamandescu Andrei

    (Universitatea Nicolae Titulescu, Stiinte Economice)

  • Grigore Maria Zenovia

    (Universitatea Nicolae Titulescu, Stiinte Economice)

Abstract

The object of contractual theories is describing exchange relation between agents, considering institutional and informational restriction in which they evolve. From trials of removing insufficiency in contractual theories new representations gradually

Suggested Citation

  • Diamandescu Andrei & Grigore Maria Zenovia, 2009. "From Contractual Approach Of Firm To Theories Of Knowledge," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 2(1), pages 295-301, May.
    • Handle: RePEc:ora:journl:v:2:y:2009:i:1:p:295-301
    as

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    File URL: http://steconomice.uoradea.ro/anale/volume/2009/v2-economy-and-business-administration/50.pdf
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    References listed on IDEAS

    as
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    2. Fama, Eugene F & Jensen, Michael C, 1983. "Agency Problems and Residual Claims," Journal of Law and Economics, University of Chicago Press, vol. 26(2), pages 327-349, June.
    3. Michael C. Jensen, 2010. "The Modern Industrial Revolution, Exit, and the Failure of Internal Control Systems," Journal of Applied Corporate Finance, Morgan Stanley, vol. 22(1), pages 43-58, January.
    4. 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.
    5. R. H. Coase, 2013. "The Problem of Social Cost," Journal of Law and Economics, University of Chicago Press, vol. 56(4), pages 837-877.
    6. Michael C. Jensen & William H. Meckling, 1994. "The Nature Of Man," Journal of Applied Corporate Finance, Morgan Stanley, vol. 7(2), pages 4-19, June.
    7. Jensen, Michael C & Murphy, Kevin J, 1990. "Performance Pay and Top-Management Incentives," Journal of Political Economy, University of Chicago Press, vol. 98(2), pages 225-264, April.
    8. Cheung, Steven N S, 1969. "Transaction Costs, Risk Aversion, and the Choice of Contractual Arrangements," Journal of Law and Economics, University of Chicago Press, vol. 12(1), pages 23-42, April.
    9. Fama, Eugene F & Jensen, Michael C, 1983. "Separation of Ownership and Control," Journal of Law and Economics, University of Chicago Press, vol. 26(2), pages 301-325, June.
    10. Furubotn, Eirik G & Pejovich, Svetozar, 1972. "Property Rights and Economic Theory: A Survey of Recent Literature," Journal of Economic Literature, American Economic Association, vol. 10(4), pages 1137-1162, December.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    transaction cost theory; property right theory; positive theory of agency; network organization; virtual organization; learning organization;
    All these keywords.

    JEL classification:

    • D23 - Microeconomics - - Production and Organizations - - - Organizational Behavior; Transaction Costs; Property Rights

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