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Governance: who controls matters

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In this paper, we provide an outlook for further research on the topic of governance. We review four different approaches on the theory of the firm and discuss implications for governance, namely; nexus of contracts / agency theory, property rights / incomplete contracts, adaption, and nexus of specific investments.

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Bruno Deffains, Dominique M. Demougin

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Adapt according to the presented license agreement and reference the original author.