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Management research has long focused on the theory of the firm, studying for-profit organizations that produce privately owned resources based on central authority and within well-defined boundaries. In recent times, a new kind of enterprise has emerged that we call Community Enterprises. They...
Persistent link: https://www.econbiz.de/10009020794
Employment contracts give a principal the authority to decide flexibly which task his agent should execute. However, there is a tradeoff, first pointed out by Simon (1951), between flexibility and employer moral hazard. An employment contract allows the principal to adjust the task quickly to...
Persistent link: https://www.econbiz.de/10010604419
Is the reputation of a firm tradeable when the previous owner has to retire even though ownership change is observable? We consider a competitive market in which a share of owners must retire in each period. New owners, observing only recent profits, bid for the firms on sale. Customers are...
Persistent link: https://www.econbiz.de/10005405863
production. Pollution, as a force that discourages agglomeration, is caused by domestic production. We show that cities are too … large and too few in number in uncoordinated equilibrium if economic growth implies increasing pollution (‘brown growth …
Persistent link: https://www.econbiz.de/10010599729
industrial pollution. The country has found that traditional command and control legislation is not effectively tackling this …
Persistent link: https://www.econbiz.de/10008870908
usually accompanied by the transfer of pollution problems. To shed more light on the costs and benefits of this important … an effective way of reducing the overall negative effect of the industry's air pollution. However, the study underlines … the importance of using effective pollution-abatement technology. It recommends that such technology should be implemented …
Persistent link: https://www.econbiz.de/10008870911
EEPSEA study has looked at the value that citizens in the Jakarta Metropolitan Area (JMA) place on pollution reduction …
Persistent link: https://www.econbiz.de/10008870912
usually accompanied by the transfer of pollution problems. To shed more light on the costs and benefits of this important … overall negative effects of the industry's air pollution. However, the study underlines the importance of using effective … pollution-abatement technology and recommends that such technology should be implemented in Foshan and in any new ceramics …
Persistent link: https://www.econbiz.de/10008870915
industrial pollution. The country has found that traditional command and control legislation is not effectively tackling this …
Persistent link: https://www.econbiz.de/10008870916
has looked at the value that citizens in the Jakarta Metropolitan Area (JMA) place on pollution reduction policies for the …
Persistent link: https://www.econbiz.de/10008870917