Transaction cost economics and corporate
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Patrick L. McClelland; Jonathan P. O'Brien
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Article
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2010
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John Wiley and Sons
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English
β 277 KB
π 1 views
Agency theory provides a valuable lens for understanding the role and importance of many varied governance mechanisms. We argue that transaction cost economics (TCE) provides a complementary theoretical lens for studying corporate governance because it illuminates the various contingencies that mode