The vertical network organization as a specific governance structure: what are the challenges for incomplete contracts theories and what are the theoretical implications for the boundaries of the (hub-) firm?

Bernard Baudry () and Virgile Chassagnon
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Bernard Baudry: TRIANGLE - Triangle : action, discours, pensée politique et économique - ENS de Lyon - École normale supérieure de Lyon - Université de Lyon - UL2 - Université Lumière - Lyon 2 - IEP Lyon - Sciences Po Lyon - Institut d'études politiques de Lyon - Université de Lyon - UJM - Université Jean Monnet - Saint-Étienne - CNRS - Centre National de la Recherche Scientifique

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Abstract: Departing from the seminal question that Coase raised in his 1937 work, this article discusses and assesses incomplete contracts theories' analyses of the firm's boundaries--notably transaction cost theory and the modern theory of property rights--by investigating the case of the vertical network organization (VNO) (...)

Keywords: Incomplete contracts theories of the firm; Vertical network organization; Boundaries of the firm; Authority; Incentives; Power (search for similar items in EconPapers)
Date: 2012
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Citations: View citations in EconPapers (8)

Published in Journal of Management and Governance, 2012, 16 (2), pp.285-303. ⟨10.1007/s10997-010-9148-z⟩

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Journal Article: The vertical network organization as a specific governance structure: what are the challenges for incomplete contracts theories and what are the theoretical implications for the boundaries of the (hub-) firm? (2012)
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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:halshs-00683231

DOI: 10.1007/s10997-010-9148-z

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