Why does headquaters voluntarily transfer its bargaining power to business units? / Shin'ya Okuda, Takaya Kubota and Yoshimi Chujo.
The objective of our paper is to provide the reason why the headquarters voluntarily transfer its bargaining power to the business unit by stylizing an incomplete contract model. Our model shows that the equilibrium bargaining power selected by the headquarters is negatively correlated with the impo...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
Universiti Teknologi MARA, Shah Alam,
2019-08.
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Subjects: | |
Online Access: | Get fulltext View Fulltext in UiTM IR |