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The Contingent Governance of Teams : Analysis of Institutional Complementarity
Oleh:
Aoki, Masahiko
Jenis:
Article from Bulletin/Magazine
Dalam koleksi:
INTERNATIONAL ECONOMIC REVIEW vol. 35 no. 3 (1994)
,
page 657-676.
Topik:
GOVERNANCE
;
contingent governance
;
teams
;
institutional complementarity
Ketersediaan
Perpustakaan Pusat (Semanggi)
Nomor Panggil:
II49.4
Non-tandon:
1 (dapat dipinjam: 0)
Tandon:
tidak ada
Lihat Detail Induk
Isi artikel
The first purpose of this paper is to design a model of governance structure, called the contingent governance, which can control the free - riding problem in teams in the second - best manner. The second is to show, by a new method of comparative static analysis, that the effectiveness of the contingent governance may be enhanced by complementary institutional arrangements of the imperfect labor market and bank - centered financial system. The paper discusses the implications of such institutional complementarity for the dynamic change of the Japanese main bank system and financial system design of transitional economies.
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