Quasi firms: strategic interorganizational forms in the health care industry
Article Abstract:
In response to significant political, governmental, and socioeconomic changes affecting the health care industry, health care organizations are forming a wide variety of loosely coupled interorganizational arrangements. In this article, loosely coupled forms are classified according to the extent to which they are designed to achieve strategic purposes. The quasi firm is defined as a loosely coupled arrangement created to achieve long-lasting and important strategic purposes. Mechanisms that are needed to ensure the continuity of quasi firms are explored, and an agenda for further research is given. (Reprinted by permission of the publisher.)
Publication Name: Academy of Management Review
Subject: Business, general
ISSN: 0363-7425
Year: 1989
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Agency and transaction cost perspectives on the manager-shareholder relationship: incentives for congruent interests
Article Abstract:
This paper examines the manager-shareholder relationship through agency and transaction cost theories. The literature of those theories suggests several incentives and monitoring methods that may control opportunistic behavior among managers. Ten hypotheses are proposed concerning those incentives and monitoring methods, and methodological suggestions are made to motivate research regarding the congruence of managerial and shareholder interests. (Reprinted by permission of the publisher.)
Publication Name: Academy of Management Review
Subject: Business, general
ISSN: 0363-7425
Year: 1988
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