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Incomplete contracts, limited liability, and the optimality of joint ownership
Schmitz, Patrick W. - 2019
Persistent link: https://www.econbiz.de/10012181275
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Incomplete contracts, limited liability, and the optimality of joint ownership
Schmitz, Patrick W. - In: Economics letters 183 (2019), pp. 1-4
Persistent link: https://www.econbiz.de/10012122546
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A new Cinderella story : joint ventures and the property rights theory of the firm
Gattai, Valeria; Natale, Piergiovanna - In: Journal of economic surveys 31 (2017) 1, pp. 281-302
Persistent link: https://www.econbiz.de/10011757110
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Incomplete Contracts, Limited Liability, and the Optimality of Joint Ownership
Schmitz, Patrick W. - 2019
wealth-constrained and protected by limited liability. It turns out that joint ownership can be optimal, since it avoids … wasteful rent-seeking activities when limited liability rents are necessary to induce high effort. Our results are in line with …
Persistent link: https://www.econbiz.de/10012864429
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Transaction costs and the property rights approach to the theory of the firm
Müller, Daniel; Schmitz, Patrick W. - In: European economic review : EER 87 (2016), pp. 92-107
Persistent link: https://www.econbiz.de/10011770771
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Partnerships based on Joint Ownership
Blonski, Matthias; Herbold, Daniel - In: Games and economic behavior 144 (2024), pp. 183-202
Persistent link: https://www.econbiz.de/10014545385
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Limited liability and corporate efficiency
Asai, Kentaro - In: International review of law and economics 62 (2020)
Persistent link: https://www.econbiz.de/10012512309
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Common ownership of public goods
Halonen, Maija; Pafilis, Evagelos - In: Journal of economic behavior & organization : JEBO 180 (2020), pp. 555-578
Persistent link: https://www.econbiz.de/10012487450
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Ownership control of foreign affiliates : a property rights theory perspective
Driffield, Nigel L.; Mickiewicz, Tomasz; Temouri, Yama - In: Journal of world business : JWB 51 (2016) 6, pp. 965-976
Persistent link: https://www.econbiz.de/10011599911
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Moral hazard and the property rights approach to the theory of the firm
Schmitz, Patrick W. - In: Economics letters 186 (2020), pp. 1-4
Persistent link: https://www.econbiz.de/10012503648