by Weiying Zhang : The Origin of the Capitalist Firm: An Entrepreneurial/Contractual Theory of the Firm

ISBN : #9811002207 | Date : 2017-08-15

Description :

PDF-2097e | The book addresses the entrepreneurial origin of the capitalist firm and its asymmetric contractual relationships between capitalists, workers, managers and entrepreneurs, and explains the origin of the firm by focusing on entrepreneurship. A hidden action model shows how assigning residual claim to entrepreneurs can provide a better overall incentive; a hidden information model demonstrates that … The Origin of the Capitalist Firm: An Entrepreneurial/Contractual Theory of the Firm

The Origin of the Capitalist Firm: An Entrepreneurial/Contractual Theory of the Firm by by Weiying Zhang

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