SlideShare a Scribd company logo

Transaction Cost Economics

•Download as PPT, PDF•
•
E
encoreunefois

This document provides an overview of transaction cost economics (TCE) and its application to the boundaries of the firm. It discusses how TCE, pioneered by Oliver Williamson, explains why firms vertically integrate to bring production stages in-house in order to reduce transaction costs, especially when asset specificity is present. The document also briefly describes alternative formal approaches to firm boundaries based on incomplete contracts, like the property rights theory of Grossman, Hart, and Moore, and relational contract theories.

Economy & FinanceTechnology
1 of 26
Transaction Cost Economics and the Boundaries of the Firm Peter G. Klein Contracting and Organizations Research Institute Division of Applied Social Sciences University of Missouri, USA June 2006
A little about me ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
A little about me (cont.) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Transaction cost economics: background ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
A theory of everything? ,[object Object]
Williamson’s unique brand of TCE ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Oliver E. Williamson (1932 – )
Key Williamsonian terms and concepts ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Ex-ante versus ex-post analysis TCE as the “governance approach” to the science of contract
Vertical integration: TCE’s “paradigm problem” ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
The stages of production
Explanations for vertical coordination ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
The basic TCE model ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Asset specificity and holdup ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Perfect competition, shutdown, and quasi-rents p 3 p 2 p 1 quasi-rent rent
The basic TCE model ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],spot markets fully integrated firms “ hybrids”: contracts, franchises, joint ventures ,[object Object],[object Object]
Discriminating alignment: one independent variable
Discriminating alignment: two independent variables
Note on hierarchy ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Applications: the framework ,[object Object],Market Market with hazard Contracts Hierarchy Note on prices
Applications to vertical contractual relationships ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Horizontal and conglomerate boundaries ,[object Object],[object Object],[object Object]
The (new) property rights approach ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Other formal approaches ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Other formal approaches III ,[object Object],[object Object],[object Object],relational employment relational outsourcing Recurring spot employment spot outsourcing One-time Make Buy
Other formal approaches III ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Summary and conclusions ,[object Object],[object Object],[object Object],[object Object]

Recommended

Transaction costs
Transaction costsTransaction costs
Transaction costsSamat Hamit
 
trasaction cost economic
trasaction cost economictrasaction cost economic
trasaction cost economicHARSH JAIN
 
Mtp agency and transaction cost theory
Mtp agency and transaction cost theoryMtp agency and transaction cost theory
Mtp agency and transaction cost theoryAnuj Bhatia
 
New institutional economics
New institutional economicsNew institutional economics
New institutional economicsIhering Guedes Alcoforado
 
Agency theory
Agency theoryAgency theory
Agency theoryMuhib Islam
 
agency theory
agency theory agency theory
agency theoryshivam gupta
 
Agency theory
Agency theoryAgency theory
Agency theorysagarphul
 
The new institutional economics of markets
The new institutional economics of marketsThe new institutional economics of markets
The new institutional economics of marketsILRI
 

Recommended

Transaction costs
Transaction costsTransaction costs
Transaction costsSamat Hamit
 
trasaction cost economic
trasaction cost economictrasaction cost economic
trasaction cost economicHARSH JAIN
 
Mtp agency and transaction cost theory
Mtp agency and transaction cost theoryMtp agency and transaction cost theory
Mtp agency and transaction cost theoryAnuj Bhatia
 
New institutional economics
New institutional economicsNew institutional economics
New institutional economicsIhering Guedes Alcoforado
 
Agency theory
Agency theoryAgency theory
Agency theoryMuhib Islam
 
agency theory
agency theory agency theory
agency theoryshivam gupta
 
Agency theory
Agency theoryAgency theory
Agency theorysagarphul
 
The new institutional economics of markets
The new institutional economics of marketsThe new institutional economics of markets
The new institutional economics of marketsILRI
 
Property rights theory
Property rights theoryProperty rights theory
Property rights theoryStacyWebster2
 
Agency theory & Stewardship Theory of Corporate Governance
Agency theory & Stewardship Theory of Corporate GovernanceAgency theory & Stewardship Theory of Corporate Governance
Agency theory & Stewardship Theory of Corporate GovernanceSundar B N
 
Game theory And Types of Market
Game theory And Types of Market Game theory And Types of Market
Game theory And Types of Market Sagar Singh Chouhan
 
Efficiency and economic valuation ppt
Efficiency and economic valuation pptEfficiency and economic valuation ppt
Efficiency and economic valuation pptanjalatchi
 
Agency & stewardship, A. Ghazinoori, Lecture 4, Advanced Theory in Organizati...
Agency & stewardship, A. Ghazinoori, Lecture 4, Advanced Theory in Organizati...Agency & stewardship, A. Ghazinoori, Lecture 4, Advanced Theory in Organizati...
Agency & stewardship, A. Ghazinoori, Lecture 4, Advanced Theory in Organizati...Amir Ghazinoori
 
General Theory of Factor Pricing
General Theory of Factor PricingGeneral Theory of Factor Pricing
General Theory of Factor PricingBikash Kumar
 
resource_dependency.pptx-converted.pptx
resource_dependency.pptx-converted.pptxresource_dependency.pptx-converted.pptx
resource_dependency.pptx-converted.pptxKamiBhutta
 
The big push theory
The big push theoryThe big push theory
The big push theoryAnjali Singh
 
Strategic alliance
Strategic allianceStrategic alliance
Strategic allianceAsim Kulkarni
 
Theory of firm
Theory of firmTheory of firm
Theory of firmMj Payal
 
Bounded Rationality
Bounded RationalityBounded Rationality
Bounded Rationalitytutor2u
 
Theory of firm
Theory of firmTheory of firm
Theory of firmUjjwal 'Shanu'
 
Economics Of Regulation And Control
Economics Of Regulation And ControlEconomics Of Regulation And Control
Economics Of Regulation And ControlCOSKUN CAN AKTAN
 
Estimation Of Production And Cost Function
Estimation Of Production And Cost FunctionEstimation Of Production And Cost Function
Estimation Of Production And Cost FunctionPradeep Awasare
 
Partial equilibrium, reference pricing and price distortion
Partial equilibrium, reference pricing and price distortion Partial equilibrium, reference pricing and price distortion
Partial equilibrium, reference pricing and price distortion Devegowda S R
 
Supply response models
Supply response modelsSupply response models
Supply response modelsSamritiJamwal3
 
Managerial economics
Managerial economicsManagerial economics
Managerial economicsChandan Gpta
 
Behavioral Theory of Firm
Behavioral Theory of FirmBehavioral Theory of Firm
Behavioral Theory of FirmPranab Choudhary
 
Concept and application of cd and ces production function in resource managem...
Concept and application of cd and ces production function in resource managem...Concept and application of cd and ces production function in resource managem...
Concept and application of cd and ces production function in resource managem...Nar B Chhetri
 
Theory of firm Presentation
Theory of firm PresentationTheory of firm Presentation
Theory of firm PresentationApoorv Pandey
 
Transaction Cost Theory - Request for Participation in Research
Transaction Cost Theory - Request for Participation in ResearchTransaction Cost Theory - Request for Participation in Research
Transaction Cost Theory - Request for Participation in ResearchWilco van Duinkerken
 
Williamson o-transaction-cost-economics-an-overview
Williamson o-transaction-cost-economics-an-overviewWilliamson o-transaction-cost-economics-an-overview
Williamson o-transaction-cost-economics-an-overviewShwetank Khare
 

More Related Content

What's hot

Property rights theory
Property rights theoryProperty rights theory
Property rights theoryStacyWebster2
 
Agency theory & Stewardship Theory of Corporate Governance
Agency theory & Stewardship Theory of Corporate GovernanceAgency theory & Stewardship Theory of Corporate Governance
Agency theory & Stewardship Theory of Corporate GovernanceSundar B N
 
Game theory And Types of Market
Game theory And Types of Market Game theory And Types of Market
Game theory And Types of Market Sagar Singh Chouhan
 
Efficiency and economic valuation ppt
Efficiency and economic valuation pptEfficiency and economic valuation ppt
Efficiency and economic valuation pptanjalatchi
 
Agency & stewardship, A. Ghazinoori, Lecture 4, Advanced Theory in Organizati...
Agency & stewardship, A. Ghazinoori, Lecture 4, Advanced Theory in Organizati...Agency & stewardship, A. Ghazinoori, Lecture 4, Advanced Theory in Organizati...
Agency & stewardship, A. Ghazinoori, Lecture 4, Advanced Theory in Organizati...Amir Ghazinoori
 
General Theory of Factor Pricing
General Theory of Factor PricingGeneral Theory of Factor Pricing
General Theory of Factor PricingBikash Kumar
 
resource_dependency.pptx-converted.pptx
resource_dependency.pptx-converted.pptxresource_dependency.pptx-converted.pptx
resource_dependency.pptx-converted.pptxKamiBhutta
 
The big push theory
The big push theoryThe big push theory
The big push theoryAnjali Singh
 
Theory of firm
Theory of firmTheory of firm
Theory of firmMj Payal
 
Bounded Rationality
Bounded RationalityBounded Rationality
Bounded Rationalitytutor2u
 
Economics Of Regulation And Control
Economics Of Regulation And ControlEconomics Of Regulation And Control
Economics Of Regulation And ControlCOSKUN CAN AKTAN
 
Estimation Of Production And Cost Function
Estimation Of Production And Cost FunctionEstimation Of Production And Cost Function
Estimation Of Production And Cost FunctionPradeep Awasare
 
Partial equilibrium, reference pricing and price distortion
Partial equilibrium, reference pricing and price distortion Partial equilibrium, reference pricing and price distortion
Partial equilibrium, reference pricing and price distortion Devegowda S R
 
Supply response models
Supply response modelsSupply response models
Supply response modelsSamritiJamwal3
 
Managerial economics
Managerial economicsManagerial economics
Managerial economicsChandan Gpta
 
Concept and application of cd and ces production function in resource managem...
Concept and application of cd and ces production function in resource managem...Concept and application of cd and ces production function in resource managem...
Concept and application of cd and ces production function in resource managem...Nar B Chhetri
 
Theory of firm Presentation
Theory of firm PresentationTheory of firm Presentation
Theory of firm PresentationApoorv Pandey
 

What's hot (20)

Property rights theory
Property rights theoryProperty rights theory
Property rights theory
 
Agency theory & Stewardship Theory of Corporate Governance
Agency theory & Stewardship Theory of Corporate GovernanceAgency theory & Stewardship Theory of Corporate Governance
Agency theory & Stewardship Theory of Corporate Governance
 
Game theory And Types of Market
Game theory And Types of Market Game theory And Types of Market
Game theory And Types of Market
 
Efficiency and economic valuation ppt
Efficiency and economic valuation pptEfficiency and economic valuation ppt
Efficiency and economic valuation ppt
 
Agency & stewardship, A. Ghazinoori, Lecture 4, Advanced Theory in Organizati...
Agency & stewardship, A. Ghazinoori, Lecture 4, Advanced Theory in Organizati...Agency & stewardship, A. Ghazinoori, Lecture 4, Advanced Theory in Organizati...
Agency & stewardship, A. Ghazinoori, Lecture 4, Advanced Theory in Organizati...
 
General Theory of Factor Pricing
General Theory of Factor PricingGeneral Theory of Factor Pricing
General Theory of Factor Pricing
 
resource_dependency.pptx-converted.pptx
resource_dependency.pptx-converted.pptxresource_dependency.pptx-converted.pptx
resource_dependency.pptx-converted.pptx
 
The big push theory
The big push theoryThe big push theory
The big push theory
 
Strategic alliance
Strategic allianceStrategic alliance
Strategic alliance
 
Theory of firm
Theory of firmTheory of firm
Theory of firm
 
Bounded Rationality
Bounded RationalityBounded Rationality
Bounded Rationality
 
Theory of firm
Theory of firmTheory of firm
Theory of firm
 
Economics Of Regulation And Control
Economics Of Regulation And ControlEconomics Of Regulation And Control
Economics Of Regulation And Control
 
Estimation Of Production And Cost Function
Estimation Of Production And Cost FunctionEstimation Of Production And Cost Function
Estimation Of Production And Cost Function
 
Partial equilibrium, reference pricing and price distortion
Partial equilibrium, reference pricing and price distortion Partial equilibrium, reference pricing and price distortion
Partial equilibrium, reference pricing and price distortion
 
Supply response models
Supply response modelsSupply response models
Supply response models
 
Managerial economics
Managerial economicsManagerial economics
Managerial economics
 
Behavioral Theory of Firm
Behavioral Theory of FirmBehavioral Theory of Firm
Behavioral Theory of Firm
 
Concept and application of cd and ces production function in resource managem...
Concept and application of cd and ces production function in resource managem...Concept and application of cd and ces production function in resource managem...
Concept and application of cd and ces production function in resource managem...
 
Theory of firm Presentation
Theory of firm PresentationTheory of firm Presentation
Theory of firm Presentation
 

Viewers also liked

Transaction Cost Theory - Request for Participation in Research
Transaction Cost Theory - Request for Participation in ResearchTransaction Cost Theory - Request for Participation in Research
Transaction Cost Theory - Request for Participation in ResearchWilco van Duinkerken
 
Williamson o-transaction-cost-economics-an-overview
Williamson o-transaction-cost-economics-an-overviewWilliamson o-transaction-cost-economics-an-overview
Williamson o-transaction-cost-economics-an-overviewShwetank Khare
 
The Economics of Organization: The Transaction Cost Approach (Williamson, 1981)
The Economics of Organization: The Transaction Cost Approach (Williamson, 1981)The Economics of Organization: The Transaction Cost Approach (Williamson, 1981)
The Economics of Organization: The Transaction Cost Approach (Williamson, 1981)Givanildo Silva
 
Theory of a Firm
Theory of a FirmTheory of a Firm
Theory of a Firmrahulmathur
 
The multinational enterprise
The multinational enterpriseThe multinational enterprise
The multinational enterprisekamran
 
A Theoretical Analysis of the Tenets of Multinational Enterprise (MNE)
A Theoretical Analysis of the Tenets of Multinational Enterprise (MNE)A Theoretical Analysis of the Tenets of Multinational Enterprise (MNE)
A Theoretical Analysis of the Tenets of Multinational Enterprise (MNE)Claretta Webb
 
The multinational enterprise
The multinational enterpriseThe multinational enterprise
The multinational enterpriseIsrar Khan Raja
 
An overview of corporate governance
An overview of corporate governanceAn overview of corporate governance
An overview of corporate governanceChunchi Irving
 
Outsourcing theories and models, benefits and challenges for outsourcing comp...
Outsourcing theories and models, benefits and challenges for outsourcing comp...Outsourcing theories and models, benefits and challenges for outsourcing comp...
Outsourcing theories and models, benefits and challenges for outsourcing comp...Akash Saraswat
 
The problem of social cost
The problem of social costThe problem of social cost
The problem of social costMikhail Dubov
 
Discussion of the Paper "Economic Action and Social Structure: the problem of...
Discussion of the Paper "Economic Action and Social Structure: the problem of...Discussion of the Paper "Economic Action and Social Structure: the problem of...
Discussion of the Paper "Economic Action and Social Structure: the problem of...Matheus Albergaria
 
Multinational Enterprises
Multinational EnterprisesMultinational Enterprises
Multinational EnterprisesSaurabh Negi
 
Corporate governance
Corporate governanceCorporate governance
Corporate governanceJatin Patel
 
Ppt of f.entrepreneur
Ppt of f.entrepreneurPpt of f.entrepreneur
Ppt of f.entrepreneurKavita Patel
 
Cost Concepts
Cost ConceptsCost Concepts
Cost ConceptsAIT
 

Viewers also liked (20)

Transaction Cost Theory - Request for Participation in Research
Transaction Cost Theory - Request for Participation in ResearchTransaction Cost Theory - Request for Participation in Research
Transaction Cost Theory - Request for Participation in Research
 
Williamson o-transaction-cost-economics-an-overview
Williamson o-transaction-cost-economics-an-overviewWilliamson o-transaction-cost-economics-an-overview
Williamson o-transaction-cost-economics-an-overview
 
The Economics of Organization: The Transaction Cost Approach (Williamson, 1981)
The Economics of Organization: The Transaction Cost Approach (Williamson, 1981)The Economics of Organization: The Transaction Cost Approach (Williamson, 1981)
The Economics of Organization: The Transaction Cost Approach (Williamson, 1981)
 
Economics of organization tutorial
Economics of organization tutorialEconomics of organization tutorial
Economics of organization tutorial
 
Theory of a Firm
Theory of a FirmTheory of a Firm
Theory of a Firm
 
Outsourcing Theory
Outsourcing TheoryOutsourcing Theory
Outsourcing Theory
 
The multinational enterprise
The multinational enterpriseThe multinational enterprise
The multinational enterprise
 
A Theoretical Analysis of the Tenets of Multinational Enterprise (MNE)
A Theoretical Analysis of the Tenets of Multinational Enterprise (MNE)A Theoretical Analysis of the Tenets of Multinational Enterprise (MNE)
A Theoretical Analysis of the Tenets of Multinational Enterprise (MNE)
 
The multinational enterprise
The multinational enterpriseThe multinational enterprise
The multinational enterprise
 
An overview of corporate governance
An overview of corporate governanceAn overview of corporate governance
An overview of corporate governance
 
stakeholder theory.
stakeholder theory.stakeholder theory.
stakeholder theory.
 
Outsourcing theories and models, benefits and challenges for outsourcing comp...
Outsourcing theories and models, benefits and challenges for outsourcing comp...Outsourcing theories and models, benefits and challenges for outsourcing comp...
Outsourcing theories and models, benefits and challenges for outsourcing comp...
 
The problem of social cost
The problem of social costThe problem of social cost
The problem of social cost
 
Discussion of the Paper "Economic Action and Social Structure: the problem of...
Discussion of the Paper "Economic Action and Social Structure: the problem of...Discussion of the Paper "Economic Action and Social Structure: the problem of...
Discussion of the Paper "Economic Action and Social Structure: the problem of...
 
Multinational Enterprises
Multinational EnterprisesMultinational Enterprises
Multinational Enterprises
 
Theory of the firm
Theory of the firmTheory of the firm
Theory of the firm
 
Corporate governance
Corporate governanceCorporate governance
Corporate governance
 
Theories of the firm
Theories of the firmTheories of the firm
Theories of the firm
 
Ppt of f.entrepreneur
Ppt of f.entrepreneurPpt of f.entrepreneur
Ppt of f.entrepreneur
 
Cost Concepts
Cost ConceptsCost Concepts
Cost Concepts
 

Similar to Transaction Cost Economics

InsightsEconomicFirm,” published in Economica (1937). In.docx
InsightsEconomicFirm,” published in Economica (1937). In.docxInsightsEconomicFirm,” published in Economica (1937). In.docx
InsightsEconomicFirm,” published in Economica (1937). In.docxdirkrplav
 
Book Review Symposium on �Shareholder Value Myth�by Lynn StoutTh.pdf
Book Review Symposium on �Shareholder Value Myth�by Lynn StoutTh.pdfBook Review Symposium on �Shareholder Value Myth�by Lynn StoutTh.pdf
Book Review Symposium on �Shareholder Value Myth�by Lynn StoutTh.pdfandreaplotner1
 
Presentation.pdf
Presentation.pdfPresentation.pdf
Presentation.pdfGRAPE
 
Agent Based Models 2010
Agent Based Models 2010Agent Based Models 2010
Agent Based Models 2010yamanote
 
Law and Management Bagley
Law and Management BagleyLaw and Management Bagley
Law and Management Bagleyjsheredia
 
Diversification (designed by Matt and Suh-hee)
Diversification (designed by Matt and Suh-hee)Diversification (designed by Matt and Suh-hee)
Diversification (designed by Matt and Suh-hee)Suh-hee Choi
 
Entrepreneurial Views of Competitive Strategy
Entrepreneurial Views of Competitive StrategyEntrepreneurial Views of Competitive Strategy
Entrepreneurial Views of Competitive StrategyKivanc Ozuolmez
 
Market pioneers, late movers, and the resource based view (rbv)- a conceptual...
Market pioneers, late movers, and the resource based view (rbv)- a conceptual...Market pioneers, late movers, and the resource based view (rbv)- a conceptual...
Market pioneers, late movers, and the resource based view (rbv)- a conceptual...tamoni
 
A stakeholder theory of the firm
A stakeholder theory of the firmA stakeholder theory of the firm
A stakeholder theory of the firmMateus Cozer
 
Corporate_Governance_A_Survey_of_the_Lit.pdf
Corporate_Governance_A_Survey_of_the_Lit.pdfCorporate_Governance_A_Survey_of_the_Lit.pdf
Corporate_Governance_A_Survey_of_the_Lit.pdfBalasingamPrahalatha
 
Outsourcing
OutsourcingOutsourcing
OutsourcingJan Zika
 
Owners, Managers, and Workers
Owners, Managers, and WorkersOwners, Managers, and Workers
Owners, Managers, and Workersvarlamovdenis
 
Analysis Of Starbucks And Wal Mart Essay
Analysis Of Starbucks And Wal Mart EssayAnalysis Of Starbucks And Wal Mart Essay
Analysis Of Starbucks And Wal Mart EssayCrystal Williams
 
International Business and Trade
International Business and TradeInternational Business and Trade
International Business and TradeHuynNguyn367
 
Economics Course Outline 2013 14
Economics Course Outline 2013 14Economics Course Outline 2013 14
Economics Course Outline 2013 14finkbinerb
 
Research Paper: Returns of Merger and Acquisition activities in the Restauran...
Research Paper: Returns of Merger and Acquisition activities in the Restauran...Research Paper: Returns of Merger and Acquisition activities in the Restauran...
Research Paper: Returns of Merger and Acquisition activities in the Restauran...neha singh
 

Similar to Transaction Cost Economics (20)

InsightsEconomicFirm,” published in Economica (1937). In.docx
InsightsEconomicFirm,” published in Economica (1937). In.docxInsightsEconomicFirm,” published in Economica (1937). In.docx
InsightsEconomicFirm,” published in Economica (1937). In.docx
 
Book Review Symposium on �Shareholder Value Myth�by Lynn StoutTh.pdf
Book Review Symposium on �Shareholder Value Myth�by Lynn StoutTh.pdfBook Review Symposium on �Shareholder Value Myth�by Lynn StoutTh.pdf
Book Review Symposium on �Shareholder Value Myth�by Lynn StoutTh.pdf
 
Presentation.pdf
Presentation.pdfPresentation.pdf
Presentation.pdf
 
Agent Based Models 2010
Agent Based Models 2010Agent Based Models 2010
Agent Based Models 2010
 
Law and Management Bagley
Law and Management BagleyLaw and Management Bagley
Law and Management Bagley
 
Diversification (designed by Matt and Suh-hee)
Diversification (designed by Matt and Suh-hee)Diversification (designed by Matt and Suh-hee)
Diversification (designed by Matt and Suh-hee)
 
Entrepreneurial Views of Competitive Strategy
Entrepreneurial Views of Competitive StrategyEntrepreneurial Views of Competitive Strategy
Entrepreneurial Views of Competitive Strategy
 
An Empirical Study: Financial-Market Imperfections and Investment
An Empirical Study: Financial-Market Imperfections and InvestmentAn Empirical Study: Financial-Market Imperfections and Investment
An Empirical Study: Financial-Market Imperfections and Investment
 
Market pioneers, late movers, and the resource based view (rbv)- a conceptual...
Market pioneers, late movers, and the resource based view (rbv)- a conceptual...Market pioneers, late movers, and the resource based view (rbv)- a conceptual...
Market pioneers, late movers, and the resource based view (rbv)- a conceptual...
 
A stakeholder theory of the firm
A stakeholder theory of the firmA stakeholder theory of the firm
A stakeholder theory of the firm
 
Enship
EnshipEnship
Enship
 
Corporate_Governance_A_Survey_of_the_Lit.pdf
Corporate_Governance_A_Survey_of_the_Lit.pdfCorporate_Governance_A_Survey_of_the_Lit.pdf
Corporate_Governance_A_Survey_of_the_Lit.pdf
 
Outsourcing
OutsourcingOutsourcing
Outsourcing
 
Owners, Managers, and Workers
Owners, Managers, and WorkersOwners, Managers, and Workers
Owners, Managers, and Workers
 
Analysis Of Starbucks And Wal Mart Essay
Analysis Of Starbucks And Wal Mart EssayAnalysis Of Starbucks And Wal Mart Essay
Analysis Of Starbucks And Wal Mart Essay
 
International Business and Trade
International Business and TradeInternational Business and Trade
International Business and Trade
 
Synergizing Growth in A Multi-National Enterprise
Synergizing Growth in A Multi-National EnterpriseSynergizing Growth in A Multi-National Enterprise
Synergizing Growth in A Multi-National Enterprise
 
Economics Course Outline 2013 14
Economics Course Outline 2013 14Economics Course Outline 2013 14
Economics Course Outline 2013 14
 
Research Paper: Returns of Merger and Acquisition activities in the Restauran...
Research Paper: Returns of Merger and Acquisition activities in the Restauran...Research Paper: Returns of Merger and Acquisition activities in the Restauran...
Research Paper: Returns of Merger and Acquisition activities in the Restauran...
 
The Effect of Mergers and Acquisition on a Firm’s Competitive Advantage: A Ca...
The Effect of Mergers and Acquisition on a Firm’s Competitive Advantage: A Ca...The Effect of Mergers and Acquisition on a Firm’s Competitive Advantage: A Ca...
The Effect of Mergers and Acquisition on a Firm’s Competitive Advantage: A Ca...
 

Recently uploaded

Solution Manual for Principles of Corporate Finance 14th Edition by Richard B...
Solution Manual for Principles of Corporate Finance 14th Edition by Richard B...Solution Manual for Principles of Corporate Finance 14th Edition by Richard B...
Solution Manual for Principles of Corporate Finance 14th Edition by Richard B...ssifa0344
 
02_Fabio Colombo_Accenture_MeetupDora&Cybersecurity.pptx
02_Fabio Colombo_Accenture_MeetupDora&Cybersecurity.pptx02_Fabio Colombo_Accenture_MeetupDora&Cybersecurity.pptx
02_Fabio Colombo_Accenture_MeetupDora&Cybersecurity.pptxFinTech Belgium
 
Instant Issue Debit Cards - School Designs
Instant Issue Debit Cards - School DesignsInstant Issue Debit Cards - School Designs
Instant Issue Debit Cards - School Designsegoetzinger
 
Solution Manual for Financial Accounting, 11th Edition by Robert Libby, Patri...
Solution Manual for Financial Accounting, 11th Edition by Robert Libby, Patri...Solution Manual for Financial Accounting, 11th Edition by Robert Libby, Patri...
Solution Manual for Financial Accounting, 11th Edition by Robert Libby, Patri...ssifa0344
 
VIP Call Girls LB Nagar ( Hyderabad ) Phone 8250192130 | ₹5k To 25k With Room...
VIP Call Girls LB Nagar ( Hyderabad ) Phone 8250192130 | ₹5k To 25k With Room...VIP Call Girls LB Nagar ( Hyderabad ) Phone 8250192130 | ₹5k To 25k With Room...
VIP Call Girls LB Nagar ( Hyderabad ) Phone 8250192130 | ₹5k To 25k With Room...Suhani Kapoor
 
The Economic History of the U.S. Lecture 19.pdf
The Economic History of the U.S. Lecture 19.pdfThe Economic History of the U.S. Lecture 19.pdf
The Economic History of the U.S. Lecture 19.pdfGale Pooley
 
(DIYA) Bhumkar Chowk Call Girls Just Call 7001035870 [ Cash on Delivery ] Pun...
(DIYA) Bhumkar Chowk Call Girls Just Call 7001035870 [ Cash on Delivery ] Pun...(DIYA) Bhumkar Chowk Call Girls Just Call 7001035870 [ Cash on Delivery ] Pun...
(DIYA) Bhumkar Chowk Call Girls Just Call 7001035870 [ Cash on Delivery ] Pun...ranjana rawat
 
03_Emmanuel Ndiaye_Degroof Petercam.pptx
03_Emmanuel Ndiaye_Degroof Petercam.pptx03_Emmanuel Ndiaye_Degroof Petercam.pptx
03_Emmanuel Ndiaye_Degroof Petercam.pptxFinTech Belgium
 
Log your LOA pain with Pension Lab's brilliant campaign
Log your LOA pain with Pension Lab's brilliant campaignLog your LOA pain with Pension Lab's brilliant campaign
Log your LOA pain with Pension Lab's brilliant campaignHenry Tapper
 
VVIP Pune Call Girls Katraj (7001035870) Pune Escorts Nearby with Complete Sa...
VVIP Pune Call Girls Katraj (7001035870) Pune Escorts Nearby with Complete Sa...VVIP Pune Call Girls Katraj (7001035870) Pune Escorts Nearby with Complete Sa...
VVIP Pune Call Girls Katraj (7001035870) Pune Escorts Nearby with Complete Sa...Call Girls in Nagpur High Profile
 
Stock Market Brief Deck (Under Pressure).pdf
Stock Market Brief Deck (Under Pressure).pdfStock Market Brief Deck (Under Pressure).pdf
Stock Market Brief Deck (Under Pressure).pdfMichael Silva
 
TEST BANK For Corporate Finance, 13th Edition By Stephen Ross, Randolph Weste...
TEST BANK For Corporate Finance, 13th Edition By Stephen Ross, Randolph Weste...TEST BANK For Corporate Finance, 13th Edition By Stephen Ross, Randolph Weste...
TEST BANK For Corporate Finance, 13th Edition By Stephen Ross, Randolph Weste...ssifa0344
 
The Economic History of the U.S. Lecture 30.pdf
The Economic History of the U.S. Lecture 30.pdfThe Economic History of the U.S. Lecture 30.pdf
The Economic History of the U.S. Lecture 30.pdfGale Pooley
 
High Class Call Girls Nagpur Grishma Call 7001035870 Meet With Nagpur Escorts
High Class Call Girls Nagpur Grishma Call 7001035870 Meet With Nagpur EscortsHigh Class Call Girls Nagpur Grishma Call 7001035870 Meet With Nagpur Escorts
High Class Call Girls Nagpur Grishma Call 7001035870 Meet With Nagpur Escortsranjana rawat
 
WhatsApp 📞 Call : 9892124323 ✅Call Girls In Chembur ( Mumbai ) secure service
WhatsApp 📞 Call : 9892124323 ✅Call Girls In Chembur ( Mumbai ) secure serviceWhatsApp 📞 Call : 9892124323 ✅Call Girls In Chembur ( Mumbai ) secure service
WhatsApp 📞 Call : 9892124323 ✅Call Girls In Chembur ( Mumbai ) secure servicePooja Nehwal
 
Best VIP Call Girls Noida Sector 18 Call Me: 8448380779
Best VIP Call Girls Noida Sector 18 Call Me: 8448380779Best VIP Call Girls Noida Sector 18 Call Me: 8448380779
Best VIP Call Girls Noida Sector 18 Call Me: 8448380779Delhi Call girls
 
The Economic History of the U.S. Lecture 23.pdf
The Economic History of the U.S. Lecture 23.pdfThe Economic History of the U.S. Lecture 23.pdf
The Economic History of the U.S. Lecture 23.pdfGale Pooley
 

Recently uploaded (20)

Solution Manual for Principles of Corporate Finance 14th Edition by Richard B...
Solution Manual for Principles of Corporate Finance 14th Edition by Richard B...Solution Manual for Principles of Corporate Finance 14th Edition by Richard B...
Solution Manual for Principles of Corporate Finance 14th Edition by Richard B...
 
02_Fabio Colombo_Accenture_MeetupDora&Cybersecurity.pptx
02_Fabio Colombo_Accenture_MeetupDora&Cybersecurity.pptx02_Fabio Colombo_Accenture_MeetupDora&Cybersecurity.pptx
02_Fabio Colombo_Accenture_MeetupDora&Cybersecurity.pptx
 
Instant Issue Debit Cards - School Designs
Instant Issue Debit Cards - School DesignsInstant Issue Debit Cards - School Designs
Instant Issue Debit Cards - School Designs
 
Commercial Bank Economic Capsule - April 2024
Commercial Bank Economic Capsule - April 2024Commercial Bank Economic Capsule - April 2024
Commercial Bank Economic Capsule - April 2024
 
Solution Manual for Financial Accounting, 11th Edition by Robert Libby, Patri...
Solution Manual for Financial Accounting, 11th Edition by Robert Libby, Patri...Solution Manual for Financial Accounting, 11th Edition by Robert Libby, Patri...
Solution Manual for Financial Accounting, 11th Edition by Robert Libby, Patri...
 
VIP Call Girls LB Nagar ( Hyderabad ) Phone 8250192130 | ₹5k To 25k With Room...
VIP Call Girls LB Nagar ( Hyderabad ) Phone 8250192130 | ₹5k To 25k With Room...VIP Call Girls LB Nagar ( Hyderabad ) Phone 8250192130 | ₹5k To 25k With Room...
VIP Call Girls LB Nagar ( Hyderabad ) Phone 8250192130 | ₹5k To 25k With Room...
 
The Economic History of the U.S. Lecture 19.pdf
The Economic History of the U.S. Lecture 19.pdfThe Economic History of the U.S. Lecture 19.pdf
The Economic History of the U.S. Lecture 19.pdf
 
(DIYA) Bhumkar Chowk Call Girls Just Call 7001035870 [ Cash on Delivery ] Pun...
(DIYA) Bhumkar Chowk Call Girls Just Call 7001035870 [ Cash on Delivery ] Pun...(DIYA) Bhumkar Chowk Call Girls Just Call 7001035870 [ Cash on Delivery ] Pun...
(DIYA) Bhumkar Chowk Call Girls Just Call 7001035870 [ Cash on Delivery ] Pun...
 
03_Emmanuel Ndiaye_Degroof Petercam.pptx
03_Emmanuel Ndiaye_Degroof Petercam.pptx03_Emmanuel Ndiaye_Degroof Petercam.pptx
03_Emmanuel Ndiaye_Degroof Petercam.pptx
 
Log your LOA pain with Pension Lab's brilliant campaign
Log your LOA pain with Pension Lab's brilliant campaignLog your LOA pain with Pension Lab's brilliant campaign
Log your LOA pain with Pension Lab's brilliant campaign
 
VVIP Pune Call Girls Katraj (7001035870) Pune Escorts Nearby with Complete Sa...
VVIP Pune Call Girls Katraj (7001035870) Pune Escorts Nearby with Complete Sa...VVIP Pune Call Girls Katraj (7001035870) Pune Escorts Nearby with Complete Sa...
VVIP Pune Call Girls Katraj (7001035870) Pune Escorts Nearby with Complete Sa...
 
Stock Market Brief Deck (Under Pressure).pdf
Stock Market Brief Deck (Under Pressure).pdfStock Market Brief Deck (Under Pressure).pdf
Stock Market Brief Deck (Under Pressure).pdf
 
(INDIRA) Call Girl Mumbai Call Now 8250077686 Mumbai Escorts 24x7
(INDIRA) Call Girl Mumbai Call Now 8250077686 Mumbai Escorts 24x7(INDIRA) Call Girl Mumbai Call Now 8250077686 Mumbai Escorts 24x7
(INDIRA) Call Girl Mumbai Call Now 8250077686 Mumbai Escorts 24x7
 
TEST BANK For Corporate Finance, 13th Edition By Stephen Ross, Randolph Weste...
TEST BANK For Corporate Finance, 13th Edition By Stephen Ross, Randolph Weste...TEST BANK For Corporate Finance, 13th Edition By Stephen Ross, Randolph Weste...
TEST BANK For Corporate Finance, 13th Edition By Stephen Ross, Randolph Weste...
 
The Economic History of the U.S. Lecture 30.pdf
The Economic History of the U.S. Lecture 30.pdfThe Economic History of the U.S. Lecture 30.pdf
The Economic History of the U.S. Lecture 30.pdf
 
High Class Call Girls Nagpur Grishma Call 7001035870 Meet With Nagpur Escorts
High Class Call Girls Nagpur Grishma Call 7001035870 Meet With Nagpur EscortsHigh Class Call Girls Nagpur Grishma Call 7001035870 Meet With Nagpur Escorts
High Class Call Girls Nagpur Grishma Call 7001035870 Meet With Nagpur Escorts
 
Veritas Interim Report 1 January–31 March 2024
Veritas Interim Report 1 January–31 March 2024Veritas Interim Report 1 January–31 March 2024
Veritas Interim Report 1 January–31 March 2024
 
WhatsApp 📞 Call : 9892124323 ✅Call Girls In Chembur ( Mumbai ) secure service
WhatsApp 📞 Call : 9892124323 ✅Call Girls In Chembur ( Mumbai ) secure serviceWhatsApp 📞 Call : 9892124323 ✅Call Girls In Chembur ( Mumbai ) secure service
WhatsApp 📞 Call : 9892124323 ✅Call Girls In Chembur ( Mumbai ) secure service
 
Best VIP Call Girls Noida Sector 18 Call Me: 8448380779
Best VIP Call Girls Noida Sector 18 Call Me: 8448380779Best VIP Call Girls Noida Sector 18 Call Me: 8448380779
Best VIP Call Girls Noida Sector 18 Call Me: 8448380779
 
The Economic History of the U.S. Lecture 23.pdf
The Economic History of the U.S. Lecture 23.pdfThe Economic History of the U.S. Lecture 23.pdf
The Economic History of the U.S. Lecture 23.pdf
 

Transaction Cost Economics