Governance structure and transaction cost: relationship between strategy and asset specificity
This article presents a theoretical discussion of the determining factors of governance structures, using the transaction cost approach. The coexistence of distinct structures in the same production chain, whose assets show no difference in terms of specificity, is a problematic challenge for transa...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
Universidade Federal de Minas Gerais
2009-06-01
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Series: | Nova Economia |
Subjects: | |
Online Access: | http://revistas.face.ufmg.br/index.php/novaeconomia/article/view/494 |