This conceptual paper starts with a question regarding the nature of the firm: is the firm a nexus of contracts or a real entity? To answer this question, the article departs from a critique of firm contract theory that usually focuses on moral personification to propose some theoretical...

The emergence and development of global network-firms have strongly contributed to reconsidering the legal-economic regulatory models of industrial relationships and modern capitalism. Using diverse relational governance mechanisms, the network-firm is based both on capital disintegration and on...