Management scholars have long stressed the importance of evolutionary processses for inter-firm cooperation but have mostly missed the promising opportunity to incorporate ideas from evolutionary theories into the analysis of collaborative arrangements. In this paper, we first present three...

Das folgende Gutachten beschäftigt sich mit einer adäquaten Organisationsform für dasEisenbahnwesen, insbesondere für die DB AG in Deutschland und aus der Perspektivedes Kapitalmarktes. Bei einer vergleichenden Bewertung zwischen unterschiedlichenOrganisationsformen gibt es keine per se...

Traditional principal agent theory interprets franchising as a solution to the agency problems associated with incentives and observability. Franchising has been viewed as an institution that aligns the right to make decisions with the residual claims deriving from these decisions. One problem...