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This paper develops a new insight enabling the empirical study of media capture: minority shareholders of newspapers and readers face similar risks. Both are adversely affected when corrupt insiders use the newspaper for personal profit and receive invisible revenues. This means that relevant...
Persistent link: https://www.econbiz.de/10011083663
(Flyvbjerg, 2006). This study also identifies the extent to which the transaction costs approach applies to temporary governance … the understanding of megaprojects, as governance structures. After a brief overview of the difference forms of governance … to this hybrid form of governance, not initially considered by Williamson's contributions (section III). …
Persistent link: https://www.econbiz.de/10010561177