기업경계에 관한 세 이론의 비교

• 영문명: A Comparison of Three Theories of Firm Boundaries
• 발행기관: 강원대학교 경영경제연구소
• 저자명: 정회상(Hoe-Sang Chung)
• 간행물 정보: 『아태비즈니스연구』제12권 제3호, 87~99쪽, 전체 13쪽
• 주제분류: 인문학 > 문학
• 파일형태: PDF
• 발행일자: 2021.09.30

영문 초록

Purpose - In this study, I attempt to clarify three theories of firm boundaries (vertical integration): the principal-agent theory, transaction cost theory, and property rights theory. Although these theories have been widely cited and much discussed, it has been found that understanding the commonalities and distinctions of these seemingly familiar theories is difficult. Design/methodology/approach - I present the three theories about the decisions that firms make concerning their boundaries. Then, I compare elemental versions of the theories of the firm. Findings - Comparing the ingredients of the elemental property rights and principal-agent theories shows that they provide a unified account of the costs and benefits of vertical integration. However, the property rights theory in no sense formalizes the transaction cost theory. Research implications or Originality - Clarifying the three theories of the firm can help to construct empirical models and interpret its results.

목차

I. 서론

II. 주인-대리인 이론

III. 거래비용이론

IV. 재산권이론

V. 이론들 간 비교

부록

References

키워드

Firm Boundaries Principal-Agent Theory Property Rights Theory Transaction Cost Theory Vertical Integration