An entrepreneur's creation of value and moral leadership is primarily an individualized phenomenon. The objective of this study is to develop a socio-cognitive model where an entrepreneur's enactment of valuable opportunities and a moral awareness for others operate within a complex social...

According to empirical evidence, extrinsic incentives often crowd out intrinsic motivation, thus reducing the effort choices of workers. This article presents a principal-agent model that incorporates insights from cognitive evaluation theory in order to show how the introduction of explicit...

This paper examines technical efficiency of more separated ownership and control (SOC) grain and oilseed farms relative to combined ownership and control (COC) in the U.S. Theory has provided specific benefits to why SOC firms can be more efficient, thus more likely to survive, despite SOC being...

The purpose of this paper is to show that the common law governing the employment of labor makes the distinction not only between employee and independent contractor but also between managerial control and agency. The idea is that common law precedents govern workers who are employed and...

The purpose of this paper is to demonstrate that governance structure and contractual form are two distinct concepts and that they should not be used interchangeably in both theoretical and empirical studies of transaction cost economics. Specifically, the choice of governance structure does not...

This paper contends that there is an important distinction between governance structure and contractual form, and that organizational boundaries, defined by governance structures, need not explain contractual form. The basic idea is that governance refers to the general environments and...