Delegation and Limited Liability in a Modern Capitalistic Economy
Download full text from publisher
References listed on IDEAS
- Franck, Bernard & Le Pape, Nicolas, 2008.
"The commitment value of the debt: A reappraisal,"
International Journal of Industrial Organization,
Elsevier, vol. 26(2), pages 607-615, March.
- Bernard Franck & Nicolas Le Pape, 2008. "'The Commitment Value of the Debt : a Reappraissal'," Post-Print halshs-00277605, HAL.
- Federico Etro, 2010. "Endogenous market structures and the optimal financial structure," Canadian Journal of Economics, Canadian Economics Association, vol. 43(4), pages 1333-1352, November.
- Vickers, John, 1985. "Delegation and the Theory of the Firm," Economic Journal, Royal Economic Society, vol. 95(380a), pages 138-147, Supplemen.
- Povel, Paul & Raith, Michael, 2004. "Financial constraints and product market competition: ex ante vs. ex post incentives," International Journal of Industrial Organization, Elsevier, vol. 22(7), pages 917-949, September.
CitationsCitations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
- Tetsuya Shinkai & Takao Ohkawa & Makoto Okamura & Kozo Harimaya, 2012. "Why did the Dutch East India Co. outperform the British East India Co.? —A theoretical explanation based on the objective of the firm and limited liability—," Discussion Paper Series 96, School of Economics, Kwansei Gakuin University, revised Dec 2012.
More about this item
Keywordslimited liability; delegation; managerial incentives; and Cournot duopoly;
- G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill
- L13 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Oligopoly and Other Imperfect Markets
- L12 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Monopoly; Monopolization Strategies
NEP fieldsThis paper has been announced in the following NEP Reports:
- NEP-ALL-2012-04-23 (All new papers)
- NEP-BEC-2012-04-23 (Business Economics)
- NEP-CFN-2012-04-23 (Corporate Finance)
- NEP-COM-2012-04-23 (Industrial Competition)
StatisticsAccess and download statistics
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:kgu:wpaper:87. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Toshihiro Okada) or (Rebekah McClure). General contact details of provider: http://edirc.repec.org/data/dekgujp.html .