Property rights theory, transaction costs theory, and agency theory: an organizational economics approach to strategic management

By Jongwook Kim, Joseph T. Mahoney. 2005

360 citations recorded by the source corpus.

Subfields: Accounting, Economics and Econometrics, Finance

View Paper: https://www.semanticscholar.org/paper/696de7498f8849f5d0a991c93de60fb2e020ff87

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Citations in the corpus

Advancing the Human Capital Perspective on Value Creation by Joining Capabilities and Governance Approaches (2015, background): “…there are increasing requirements for firms to manage and govern these capabilities effectively such that realized economic value creation approaches the potential value creation that can be achieved by firm-specific human capital (Coff, 1999; Foss & Foss, 2005; Kim & Mahoney, 2005, 2010).”
Market frictions as building blocks of an organizational economics approach to strategic management (2013, background): “…have been made to join organizational economics theories such as (1) transaction cost economics and property rights theory (Foss and Foss, 2005; Kim and Mahoney, 2005), (2) property rights theory and the resource-based approach (Kim and Mahoney, 2002; Miller and Shamsie, 1996), (3) the…”
Board Characteristics, Managerial Incentives, and the Choice Between Foreign Acquisitions and International Joint Ventures (2009, background): “TC theory primarily concerns the explanation of organizational boundaries, whereas agency theory seeks to explain the relationships between principals and agents (J. Kim & Mahoney, 2005).”
Theories of the (state-owned) firm (2016, background): “…the nature of the firm has evolved from seeing the firm as a property rights player to being a transaction cost and agency cost minimizer, and, more recently, to a collection of resources and capabilities (Conner, 1991; Foss & Foss, 2005; Kim & Mahoney, 2005, 2010; Zenger, Felin, & Bigelow, 2011).”
Transaction Cost Economics As a Theory of Supply Chain Efficiency (2020, background): “For a detailed comparison of these theories see Kim and Mahoney (2005), Lajili and Mahoney (2006), and Tan and Mahoney (2006).”
The role of incentives and communication in strategic alliances: an experimental investigation (2009, background): “In particular, friction in establishing property rights helps to explain and predict why there can be large and persistent economic gaps between potential and realized value creation (Kim and Mahoney, 2005; Mahoney 2005).”
Original and Derived Judgment: An Entrepreneurial Theory of Economic Organization (2007, methodology): “, moral hazard, the holdup problem) (Holmström, 1979; Hart, 1995; Williamson, 1996; Kim and Mahoney, 2005).”
Understanding opportunity discovery and sustainable advantage: the role of transaction costs and property rights (2008, neutral): “This article is located in the intersection of the economics of property rights (EPR) and the resourcebased view (RBV), an emerging theoretical lens in strategic management research (e.g., Teece, 1986; Mahoney, 1992; Chi, 1994; Oxley, 1999; Foss and Foss, 2005; Kim and Mahoney, 2002, 2005, 2006 ).”
The Resource-Based View: A Review and Assessment of Its Critiques (2010, background): “It is the distribution of property rights across several firms that affects the extent to which the potential capacity of a resource can be realized (Kim & Mahoney, 2005).”
Reconciling Corporate Citizenship and Competitive Strategy: Insights from Economic Theory (2008, neutral): “These ideas were given the appellation of ‘‘organizational’’ economics, ‘‘new’’ industrial organization or ‘‘post-Coasian’’ theory of the firm (Carroll and Teece, 1999; Kim and Mahoney, 2005).”
The Entrepreneurial Organization of Heterogeneous Capital (2007, background): “See also Kim and Mahoney (2002, 2005) for similar arguments.”
Who is in charge? A property rights perspective on stakeholder governance (2012, neutral): “University of Illinois, USA”