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From Contractual Approach Of Firm To Theories Of Knowledge

Author

Listed:
  • Diamandescu Andrei

    (Universitatea Nicolae Titulescu, Stiinte Economice)

  • Grigore Maria Zenovia

    (Universitatea Nicolae Titulescu, Stiinte Economice)

Abstract

The object of contractual theories is describing exchange relation between agents, considering institutional and informational restriction in which they evolve. From trials of removing insufficiency in contractual theories new representations gradually

Suggested Citation

  • Diamandescu Andrei & Grigore Maria Zenovia, 2009. "From Contractual Approach Of Firm To Theories Of Knowledge," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 2(1), pages 295-301, May.
    • Handle: RePEc:ora:journl:v:2:y:2009:i:1:p:295-301
    as

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    File URL: http://steconomice.uoradea.ro/anale/volume/2009/v2-economy-and-business-administration/50.pdf
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    References listed on IDEAS

    as
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    2. Michael C. Jensen, 2010. "The Modern Industrial Revolution, Exit, and the Failure of Internal Control Systems," Journal of Applied Corporate Finance, Morgan Stanley, vol. 22(1), pages 43-58, January.
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    4. Michael C. Jensen & William H. Meckling, 1994. "The Nature Of Man," Journal of Applied Corporate Finance, Morgan Stanley, vol. 7(2), pages 4-19, June.
    5. Jensen, Michael C & Meckling, William H, 1979. "Rights and Production Functions: An Application to Labor-managed Firms and Codetermination," The Journal of Business, University of Chicago Press, vol. 52(4), pages 469-506, October.
    6. Jensen, Michael C. & Meckling, William H., 1976. "Theory of the firm: Managerial behavior, agency costs and ownership structure," Journal of Financial Economics, Elsevier, vol. 3(4), pages 305-360, October.
    7. Jensen, Michael C & Murphy, Kevin J, 1990. "Performance Pay and Top-Management Incentives," Journal of Political Economy, University of Chicago Press, vol. 98(2), pages 225-264, April.
    8. Cheung, Steven N S, 1969. "Transaction Costs, Risk Aversion, and the Choice of Contractual Arrangements," Journal of Law and Economics, University of Chicago Press, vol. 12(1), pages 23-42, April.
    9. Fama, Eugene F & Jensen, Michael C, 1983. "Separation of Ownership and Control," Journal of Law and Economics, University of Chicago Press, vol. 26(2), pages 301-325, June.
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    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    transaction cost theory; property right theory; positive theory of agency; network organization; virtual organization; learning organization;
    All these keywords.

    JEL classification:

    • D23 - Microeconomics - - Production and Organizations - - - Organizational Behavior; Transaction Costs; Property Rights

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