Emprical contributions to the theory of the firm
by Darlene C. Chisholm
Global Business and Economics Review (GBER), Vol. 4, No. 1, 2002

Abstract: In 1937, Ronald Coase proposed that the cost of transacting between producers and suppliers will determine the economic organisation of a firm. From this original insight, and further refinements, an important stream of literature developed providing the foundations for transaction-cost economics, principal-agent theory, and risk analysis as it relates to contract design. From these theoretical foundations, a body of empirical work has tested the predictions of Coase's original assertions. This article documents key empirical contributions to identifying the institutional and statistical determinants of optimal contract design and the choice of economic organisation.

Online publication date: Mon, 07-Feb-2005

The full text of this article is only available to individual subscribers or to users at subscribing institutions.

 
Existing subscribers:
Go to Inderscience Online Journals to access the Full Text of this article.

Pay per view:
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.

Complimentary Subscribers, Editors or Members of the Editorial Board of the Global Business and Economics Review (GBER):
Login with your Inderscience username and password:

Username:        Password:          Forgotten your password?

Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.

If you still need assistance, please email subs@inderscience.com