… As this Essay will show, these early commentators were right to focus on property rights in
fashioning a theory of corporate governance; the real oversight blinding their successors to …

… trade with multinational firms and economic … property rights (IPR) protection in developing
countries. In the model, Northern firms invent new higher-quality products, multinational firms …

… firm with the assets that its owners control. We argue that the crucial difference for party 1
between owning a firm (… Following Grossman and Hart (1986), we identify a firm with the assets …

… If property rights affect firm operations, it is particularly important to recognize these effects
in regulated firms. This study demonstrates that property rights have a pervasive influence in …

… and varied rights are supposed to work and how they interact with other characteristics of firms
and … the value of these IPRs to firms and the costs to firms of acquiring and defending their …

… sector investment: weak property rights or limited access to … firms in post-communist countries,
we find that weak property … , the firms in our sample with weak perceived property rights …

… the firm is defined by property rights considerations—particularly in the role that equity capital
plays in guaranteeing the actions of asset owners operating within the confines of the firm. …

The proper specification of intellectual property rights (IPRs) is a delicate and controversial
matter. In this paper, we consider one specialized context in which IPRs can add to efficiency. …

… areas of the business climate on firm exit: the efficiency of … property rights, and the degree
of competition. The paper finds that weaknesses in these areas do affect the probability of firm …

… (stocks, including franchises, and mutuals); Section V, owners' rights in private firms
subject to government regulation (incentives of regulators and regulatees; government-regulated …