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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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state ownership. This paper examines Brazil's efforts to address agency conflicts in SOEs, including new legislation (Law …
Persistent link: https://www.econbiz.de/10015054007
The paper studies the link between the integration of European financial markets and corporate governance in Europe. The focus of the paper is on how integration affects the interplay of ownership structures, capital structures, and monitoring, all of which can be used to govern agency problems...
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reforms in Brazil's state tax administration bureaus in the 1990s. The success of the reforms strengthened public sector …
Persistent link: https://www.econbiz.de/10008697391
differences between this behavior and agency problems in freestanding firms. We then examine the telecoms industry in Brazil, a …
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