Blar i NHH Brage på emneord "property rights"
Viser treff 1-4 av 4
-
Asset ownership and relational contracts
(Discussion paper, Working paper, 2002)In a setting where two managers make relationship- and asset-specific investments, the optimal relational contract specifies the same payments that renegotiations would have led to in a spot mode, plus a fixed transfer and ... -
Firm size and the quality of entrepreneurs
(Discussion paper, Working paper, 2004-06)A theory is proposed where the pay policy and size of established firms are determined together with individual workers' entrepreneurship decision. The main results are twofold. First, taking the firm size as given, larger ... -
Property rights and economic growth: evidence from a natural experiment
(Discussion Papers;20/2011, Working paper, 2011-11)In 1795 the British took control of the Cape colony (South Africa) from the Dutch; and in 1843 they exogenously changed the legal basis of landholding, giving more secure property rights to landholders. Since endowments ... -
Understanding opportunity discovery and sustainable advantage : the role of transaction costs and property rights
(Discussion paper, Working paper, 2008-07)To add insight in new value creation, opportunity discovery should be integrated with strategic management theory. Based on the resource-based view and the economics of property rights we build a framework that ...