According to S. Venkataraman's essay in this volume"Stakeholder Value Equilibration and the Entrepreneurial Process," thepower of the corporation to exploit stakeholders is limited by theentrepreneurial discovery process. This process comes in two forces, weakand strong. Of particular interest...

We investigate inter-industry variation in the relative incidence of advertisers' utilization of in-house rather than independent advertising agencies. To account for this variability, we develop a set of hypotheses drawing on two perspectives that figure prominently in the literature on...

Hybrid organizational forms such as franchise systems join two or more independent parties under a contract. The ability of each party to achieve its goals depends upon the relative bargaining power in the relationship established by the contract. Using transaction cost economics and Porter's...