Transaction costs — explaining the shape you're in

Describes an overview of a substantial body of theory, whose importance lies in the concept, not the detail. States one of the bugbears of joint ventures is the worry that a partner may have a hidden agenda. Posits many alliances are formed to gain access to specific assets, but access is different to ownership. Concludes firms should be structured and organized in such a way that rationality is enhanced and opportunistic self‐interest reduced.

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Year of publication:	1997
Authors:	Kippenberger, T
Published in:	The Antidote. - MCB UP Ltd, ISSN 1758-423X, ZDB-ID 2269744-5. - Vol. 2.1997, 4, p. 6-7
Publisher:	MCB UP Ltd
Subject:	Transaction costs \| Joint ventures \| Alliances

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Type of publication:	Article
Type of publication (narrower categories):	research-article
Language:	English
Other identifiers:	10.1108/EUM0000000006344 [DOI]
Source:	Other ZBW resources

Persistent link: https://www.econbiz.de/10015017942