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Joint stock companies of the early twentieth century in Russia: balance of interests and institutional constraints (theoretical aspects)

русская версия

Опубликовано на портале: 06-08-2010
TERRA ECONOMICUS. 2010.  Т. 8. № 2. С. 95-101. 
The article argues that the existence of a balance of interests has been one of the most important factors affecting the efficiency of operations and emerging companies in a meaningful interaction (in terms of an organizational form of) the owners and managers. The most important result of the research is the generalized characteristic of the firm as a mechanism for not only institutional, but also institutional (informal and legal) fixation, the restriction of individual and group interests.
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