Revisiting agency and transaction costs
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Kaouthar Lajili; Joseph T. Mahoney
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Article
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2006
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John Wiley and Sons
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English
β 160 KB
This paper provides an organizational economics foundation to guide managers in matching the comparatively more efficient organizational mode with transactional characteristics such as: (1) the degree of (human capital) asset specificity involved in the transaction, (2) the degree of uncertainty sur