The Role of Transaction Cost Economics in Selecting Firm Strategy
From the first beginning Transaction Cost Economics (TCE) was concerned by the reason and circumstances when the firms choose the hierarchy instead of market for organizing a transaction. Further this analysis model was expended to considering other governance modes, as relational contracting. Even...
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| Format: | Article |
| Language: | English |
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Dunarea de Jos University of Galati
2012-11-01
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| Series: | Risk in Contemporary Economy |
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| Online Access: | http://www.rce.feaa.ugal.ro/sites/default/files/David.pdf |