Managementul omnipotent şi puterea stimulentelor etatiste. Hazard moral în interiorul corporaţiei moderne

The logic of agency problems is that “legally” the principals are (institutionally) hampered from configuring or securing the contractual precautions they wish to enforce out of those available in a pure free market. We review topics pointing that omnipotent management phenomenon is not a so-called “asymmetric information” market failure, but a State failure in protecting private property.

MoreLess

Year of publication:	2012
Authors:	Mihaela, Iacob ; Octavian-Dragomir, Jora
Published in:	Revista OEconomica. - Societatea Romana de Economie - SOREC. - 2012, 01
Publisher:	Societatea Romana de Economie - SOREC
Subject:	business corporation \| private property \| contract \| state interventionism \| law of unintended consequences \| moral hazard \| principal-agent problems

freely available

Full text |

More access options

Check Google Scholar

In German libraries (KVK)

I need help

More details

Extent:	application/pdf
Type of publication:	Article
Classification:	B53 - Austrian ; K20 - Regulation and Business Law. General ; L20 - Firm Objectives, Organization, and Behavior. General ; M20 - Business Economics. General
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010965625