Since 2014
OPPORTUNISM AND EFFICIENCY OF CONTRACTUAL RELATIONS IN RUSSIAN CORPORATIONS
CBU International Conference on Innovation in Science and Education
View Archive Info| Field | Value | |
| Title |
OPPORTUNISM AND EFFICIENCY OF CONTRACTUAL RELATIONS IN RUSSIAN CORPORATIONS
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| Creator |
Benz, Daria; Chelyabinsk State University, Russian Federation
Kozlova, Elena; Chelyabinsk State University, Russian Federation Silova, Elena; Chelyabinsk State University, Russian Federation |
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| Subject |
corporation, contractual relations, efficiency, opportunism, corporate institute, institutional environment,
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| Description |
Issues related to research of the corporate sector efficiency are extremely important because it is the corporations, which act as a nucleus of almost any economic system. Efficiency of the corporations is largely due to internal corporate quality interactions, i.e. the level of contractual relations efficiency. In the existing economic literature, the questions of contractual relations efficiency still lack sufficient investigation. The present article examines the efficiency of the contractual relations and the factors affecting it, as well as problems of opportunism in Russian corporations and its impact on the contractual relations efficiency. In the graphic models presented, the efficiency curves of contractual relations and opportunism are described; the major factors that reduce the contractual relations efficiency in corporations are highlighted. The article examines the impact on the contractual relations efficiency of quality of corporate institutes. The basic corporate institutes and their key features are allocated. A quantitative analysis of the contractual relations efficiency, by building production functions of Cobb-Douglas, is conducted; this analysis introduces indicators characterizing the dividend policy and the level of remuneration for management personnel as factors.
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| Publisher |
Central Bohemia University, o.p.s.
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| Contributor |
—
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| Date |
2014-07-01
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| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion — |
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| Format |
application/pdf
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| Identifier |
http://ojs.journals.cz/index.php/CBUConference2013/article/view/448
10.12955/cbup.v2.448 |
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| Source |
CBU International Conference Proceedings; Vol 2 (2014): CBU International Conference Proceedings 2014; pp. 75-82
1805-9961 1805-997X |
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| Language |
eng
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| Relation |
http://ojs.journals.cz/index.php/CBUConference2013/article/view/448/439
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| Rights |
Copyright (c) 2014 Daria Benz, Elena Kozlova, Elena Silova
https://creativecommons.org/licenses/by/3.0/ |
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