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Strategic disruption and transaction cost economics: The case of the American auto industry and Japanese competition

✍ Scribed by William F Averyt; K Ramagopal


Publisher
Elsevier Science
Year
1999
Tongue
English
Weight
73 KB
Volume
8
Category
Article
ISSN
0969-5931

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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