Concept information
Preferred term
economics of business associations
Definition
- The application of law and economics to business associations involves an economic analysis of the various forms businesses may take. The principal characteristic distinguishing the various forms of business associations is the level to which management is separated from ownership. [Source: Encyclopedia of Law & Society: American and Global Perspectives; Business Associations, Economics Of]
Broader concept
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/economics_of_business_associations
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