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Drawing inspiration from American institutionalism and new institutional economics, this paper discusses the rise of large corporate farms as the transition from the classic capitalist firm to the corporate form of organization based on the separation of ownership and control. Three case studies...
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reforms in Brazil's state tax administration bureaus in the 1990s. The success of the reforms strengthened public sector …
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differences between this behavior and agency problems in freestanding firms. We then examine the telecoms industry in Brazil, a …
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