Relation-specific investment: Theoretical axioms vs Evidence from Russia

According to Oliver Williamson, parameters of transaction – its frequency and relation-specific investment – determine the type of resource management. Theoretically, the main reason for the creation and sustainable functioning of complex hierarchical structures is related to business success being...

Full description

Bibliographic Details
Main Authors: Svetlana V. Orekhova, Ivan A. Butakov
Format: Article
Language:Russian
Published: Ural State University of Economics 2023-01-01
Series:Управленец
Subjects:
Online Access:https://upravlenets.usue.ru/en/issues-2022/1146