Deffains, Bruno; Demougin, Dominique - Sonderforschungsbereich 649: Ökonomisches Risiko, … - 2006
approaches on the theory of the firm and discuss implications for governance, namely; nexus of contracts / agency theory … approaches on the theory of the firm and discuss
implications for governance, namely; nexus of contracts / agency theory …
papers.
2. Nexus of Contracts
A major development was introduced in 1972 by Alchian and Demsetz with the idea of the …