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The Many Futures of Contracts Moving Beyond Structure and Safeguarding to Coordination and Adaptation

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TLDR
This article reviewed the literature on interfirm contracting in an effort to synthesize existing research and direct future scholarship and indicated that contract research is moving away from a narrow focus on contract structure and its safeguarding function toward a broader focus that also highlights adaptation and coordination.
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This article is published in Journal of Management.The article was published on 2014-01-01. It has received 543 citations till now. The article focuses on the topics: Dynamic capabilities & Transaction cost.

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Models of man

TL;DR: In this article, a book is one of the greatest friends to accompany while in your lonely time and when you have no friends and activities, reading book can be a great choice.
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Paradox Research in Management Science: Looking Back to Move Forward

TL;DR: In this article, a meta-theory of paradox is proposed to enrich existing management studies by reengaging the less developed themes of paradox, such as individual approaches, collective approaches, and outcomes.
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Revisiting the interplay between contractual and relational governance: : A qualitative and meta-analytic investigation

TL;DR: In this article, the authors conducted a qualitative review and meta-analysis of the existing literature to better under-stand the relationships between contractual and relational governance, and found that the mutual relationships between the two types of governance are moderated by the institutional environments, the interorganizational relationship type and length, and the construct measurement of contracts.
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Quo Vadis, Dynamic Capabilities? A Content-Analytic Review of the Current State of Knowledge and Recommendations for Future Research

TL;DR: This article develops a meta-framework that specifies antecedents, dimensions, mechanisms, moderators, and outcomes of dynamic capabilities identified in the literature to date and proposes a forward-looking research agenda that outlines directions for future research.
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How Applying Instrumental Stakeholder Theory Can Provide Sustainable Competitive Advantage

TL;DR: Instrumental stakeholder theory considers the performance consequences for firms of highly ethical relationships with stakeholders, characterized by high levels of trust, cooperation, and informati... as mentioned in this paper,.
References
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Journal ArticleDOI

Theory of the firm: Managerial behavior, agency costs and ownership structure

TL;DR: In this article, the authors draw on recent progress in the theory of property rights, agency, and finance to develop a theory of ownership structure for the firm, which casts new light on and has implications for a variety of issues in the professional and popular literature.
Book

Institutions, Institutional Change and Economic Performance

TL;DR: Douglass C. North as discussed by the authors developed an analytical framework for explaining the ways in which institutions and institutional change affect the performance of economies, both at a given time and over time.
Posted Content

Institutions, Institutional Change, and Economic Performance

TL;DR: In this article, the authors examine the role that institutions, defined as the humanly devised constraints that shape human interaction, play in economic performance and how those institutions change and how a model of dynamic institutions explains the differential performance of economies through time.
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Economic Action and Social Structure: The Problem of Embeddedness

TL;DR: In this article, the extent to which economic action is embedded in structures of social relations, in modern industrial society, is examined, and it is argued that reformist economists who attempt to bring social structure back in do so in the "oversocialized" way criticized by Dennis Wrong.
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The Market for “Lemons”: Quality Uncertainty and the Market Mechanism

TL;DR: In this paper, the authors present a struggling attempt to give structure to the statement: "Business in under-developed countries is difficult"; in particular, a structure is given for determining the economic costs of dishonesty.
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