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Contractual incompletness and the optimality of equity joint ventures.
- Source :
-
Journal of Economic Behavior & Organization . 12/30/98, Vol. 37 Issue 4, p391. 15p. - Publication Year :
- 1998
-
Abstract
- Addresses the issue of how equity shares are different from profit shares. Marketable equity ownership and non-transferable profit sharing contracts in settings of contractual incompletness; Prevalence of equity joint venture in which one party has 51 percent equity shares.
- Subjects :
- *STOCKS (Finance)
*PROFIT-sharing
*STOCK ownership
Subjects
Details
- Language :
- English
- ISSN :
- 01672681
- Volume :
- 37
- Issue :
- 4
- Database :
- Academic Search Index
- Journal :
- Journal of Economic Behavior & Organization
- Publication Type :
- Academic Journal
- Accession number :
- 1448221
- Full Text :
- https://doi.org/10.1016/S0167-2681(98)00117-6