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Corporate Governance, Business Group Governance and Economic Development Traps

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NBER2020-11-01 更新2025-01-04 收录
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Every firm in a developed economy relies on the mere existence of countless other firms to keep prices competitive up and down all supply chains. Without this network externality, no firm forms; and without many firms, no network forms; locking in a low-income trap. Business group governance

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2020-11-01
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