Incentives in Corporations: Evidence from the American Whaling Industry
收藏NBER2004-04-01 更新2025-01-04 收录
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https://www.nber.org/papers/w10403
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资源简介：
In the 1830s, when whaling was a prosperous American industry, a number of whaling corporations were chartered. All of them were short-lived. This paper analyzes the failure of corporations in American whaling, and argues that the corporate form was unable to create the incentives requisite for
提供机构：
美国国家经济研究局
创建时间：
2004-04-01
