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...

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Bibliographic Details
Main Authors: Christian Luiz da Silva, Maria Sylvia M. Saes
Format: Article
Language:English
Published: Universidade Federal de Minas Gerais 2009-06-01
Series:Nova Economia
Subjects:
Online Access:http://revistas.face.ufmg.br/index.php/novaeconomia/article/view/494