Being Efficiently Fickle: a Dynamic Theory of Organizational Choice.

A central proposition in organization theory is that discrete organizational forms are matched in a discriminating way to environmental conditions, business strategies, or exchange rate conditions. This paper develops a contrary theoretical proposition. We argue that efficiency may dictate modulating between discrete governance modes in response to a stable set of exchange conditions.

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Year of publication:	1999
Authors:	Nickerson, J.A. ; Zenger, T.R.
Institutions:	Business Law and Economics Center, Olin School of Business
Subject:	BUSINESS ORGANIZATION \| EFFICIENCY

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Series:	Washington University.
Type of publication:	Book / Working Paper
Notes:	32 pages
Classification:	D23 - Organizational Behavior; Transaction Costs; Property Rights ; D20 - Production and Organizations. General
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005207528