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The investment horizon issue in user-owned organizations
(University of Missouri--Columbia, 2005)
This research addresses the issue of an investment constraint in user-owned agricultural organizations called the horizon problem. Scholars have suggested the restrictions on the transferability of residual claimant rights ...
The residual control roles of cooperative board of directors : a preliminary comparative analysis
(University of Missouri--Columbia, 2007)
The governance of economic organizations is complex. The theoretical and empirical literature on organizational governance implies that one form of governance mechanism functions the same for all economic organization, ...
Informing the theory of collective entrepreneurship: investment choice
(University of Missouri--Columbia, 2007)
Olson's seminal work on the logic of collective action predicts that individuals will not act collectively to further common economic goals except under certain conditions. This work utilizes transaction cost economics, ...
The portfolio problem in agricultural cooperatives: an integrated framework
(University of Missouri--Columbia, 2005)
A portfolio problem within agricultural cooperatives arises as a result of the traditional cooperative's property rights structure. As members' investment is tied to patronage, this traditional structure prevents them from ...