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China, we find that improved contract enforcement efficiency significantly increases corporate vertical specialization, and …The role of contracting institutions, particularly the role of contract enforcement efficiency in shaping corporate … contract enforcement efficiency increasing, which also supports that efficient contract enforcement could inhabit opportunism …
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This paper uses a national survey of 200 Chinese town and village enterprises (TVEs) from 1985 to 1990 to explore empirically the effect of contractual arrangements on the performance of enterprises under Chinese institutional conditions. A theoretical model that emphasizes a potentially...
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collaborations. Detailed examples are taken from the Netherlands, Germany, Poland, Turkey, the UAE, and China, to explore a variety …
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