Deffains, Bruno; Demougin, Dominique - Sonderforschungsbereich 649: Ökonomisches Risiko, … - 2006
In this paper, we provide an outlook for further research on the topic of governance. We review four different … approaches on the theory of the firm and discuss implications for governance, namely; nexus of contracts / agency theory …, property rights / incomplete contracts, adaptation, and nexus of specific investments. …