Estimating the benefits and costs of forming business partnerships
I estimate a matching model of business‐partnership formation to quantify the relative importance of productivity gains, financing gains, and the coordination failure of effort provision (moral hazard) among partners. Productivity gains account for 61% of the gain from the observed partnerships. For...
محفوظ في:
المؤلف الرئيسي: | LEE, Jungho |
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التنسيق: | text |
اللغة: | English |
منشور في: |
Institutional Knowledge at Singapore Management University
2020
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الموضوعات: | |
الوصول للمادة أونلاين: | https://ink.library.smu.edu.sg/soe_research/2071 https://ink.library.smu.edu.sg/context/soe_research/article/3070/viewcontent/partnership.pdf |
الوسوم: |
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