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Persistent link: https://www.econbiz.de/10010861635
Organizational performance is those step and state of the whole organization in which, as a result of congruent decisions and actions, are reached those targets and elements of strategic vision which satisfy all interested parts. To consumer good manufactures, satisfying the needs of new world...
Persistent link: https://www.econbiz.de/10010747896
This paper examines management contracts as a paradigm for the application of relational contracts theory and … especially of the theory of contractual and relational norms. This theory, deriving from Macauley's implications, but structured … business relations' rules and practice. After presenting the key literature about the norms theory and especially defining the …
Persistent link: https://www.econbiz.de/10008599121
This article illustrates how contracts are completed ex post in practice and, in so doing, indirectly suggests what the real function of contracts may be. Our evidence comes from the contracts between automobile manufacturers and their dealers in 23 dealership networks in Spain. Franchising...
Persistent link: https://www.econbiz.de/10005772526
We analyze empirically the allocation of rights and monetary incentives in automobile franchise contracts. All of these contracts substantially restrict the decision rights of dealers and grant manufacturers extensive rights to specify and enforce dealers' duties. The allocation of decision...
Persistent link: https://www.econbiz.de/10012763151
We offer a new perspective on the effect of relationship-specific investment on contract complexity, which has broad … (TCE) predicts that buyer and seller relationship-specific investments have opposite effects on contract complexity. The …. When accounting for unobserved heterogeneity, seller relationship-specific investment has a positive effect on contract …
Persistent link: https://www.econbiz.de/10005764502
outcome is inefficient. With repeated trade, RPRs can become part of a relational contract, communicating private information … from manufacturer to retailer that is indispensable for maximizing joint surplus. We show that this contract is self …
Persistent link: https://www.econbiz.de/10011207676
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Persistent link: https://www.econbiz.de/10010737354
This paper suggests a holistic framework for analysis of agrarian contracts and investigates the contractual structure in transitional Bulgarian agriculture. Firstly, it incorporates the interdisciplinary New Institutional and Transaction Costs Economics (combining Economics, Organization, Law,...
Persistent link: https://www.econbiz.de/10008498460
This paper documents the extent and characteristics of plants and firms in the US that are outside the manufacturing sector according to official government statistics but nonetheless are heavily involved in activities related to the production of manufactured goods. Using new data on...
Persistent link: https://www.econbiz.de/10011083862