The Setting of Entrepreneurship in India

Andrew F. Brimmer

The Quarterly Journal of Economics, 1955, vol. 69, issue 4, 553-576

Abstract: I. Introduction, 553. — II. Nature and origin of the managing agency system, 554; critical role of the agency firm, 554; British and Indian agency firms contrasted, 556; origin and development of the managing agency system, 559. — III. Scope of the managing agency system, 563; industrial distribution of the agency system, 564; type and size of agency firms, 565. — IV. Relations between the agency firm and operating companies, 567; the managing agency contract, 568; financial relations, 569; control of voting rights by the agency firm, 573; role of boards of directors, 573. — V. Conclusion, 575.

Date: 1955
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