Measuring the domain of mediating hierarchy: how contestable are U.S. public corprations?

Article Abstract:

The author addresses the 'mediating hierarchy' version of the 'team production' model of explaining US corporations. The author argues that the model fails to rationalize corporate law or provide a means of reforming close corporations, but may be of use in understanding publicly-held corporations not controlled by single shareholders.

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Taking the "I" out of "team": intra-firm monitoring and the content of fiduciary duties

Article Abstract:

The challenges to organizational governance presented by the 'team production' model of the corporation are discussed. Issues include the fiduciary obligations of closely held organizations and the costs of intra-firm monitoring within production teams.

Corporate governance

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