| Autor: |
† prof. RNDr. Ing. František Turnovec CSc.,
|
| Typ: |
IES Working Papers |
| Rok: |
2005 |
| Číslo: |
70 |
| ISSN / ISBN: |
|
| Publikováno v: |
IES WP 2005/70 |
| Místo vydání: |
IES FSV UK, Prague |
| Klíčová slova: |
Corporate governance, Leontief input-output model, ownership structure, primary owners, principal-agent problem, secondary owners |
| JEL kódy: |
C60, L33, K11 |
| Citace: |
Turnovec F. (2005), Arithmetics of Property Rights: A Leontief-type Model of Ownership Structures. IES Working Papers Series, WP 70. |
| Granty: |
Výzkumný záměr IES (2005-2011) Integrace české ekonomiky do Evropské unie a její rozvoj
|
| Abstrakt: |
A simple algebraic model of a property structure leading to the Leontief-type input-output scheme is developed and used to eliminate indirect ownership relations and evaluate the final distribution of national property among individual owners. Concepts of "family capitalism" and "capitalism of agents" type of corporate governance are defined and compared. Implications of different designs of corporate governance for general equilibrium theory, profit distribution and decision making are discussed. |
| Ke stažení: |
WP 2005_70_Turnovec
|
