Institutional Inertia /
We study the relative efficiency of outside-owned versus employee-owned firms and analyze implications for institutional change in a context of technological innovation. When decisions are made through majority voting, the vote on technology choice is used to influence the later vote on the sharing...
Main Author: | |
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Format: | Journal |
Language: | English |
Published: |
Washington, D.C. :
International Monetary Fund,
2009.
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Series: | IMF Working Papers; Working Paper ;
No. 2009/193 |
Online Access: | Full text available on IMF |