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 Glossary   >   S   >   "Set of contracts perspective" Definition   

        Set of contracts perspective

View of corporation as a set of contracting relationships, among individuals who have conflicting objectives, such as shareholders or managers. The corporation is a legal contrivance that serves as the nexus for the contracting relationships.

Set of contracts perspective


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Set of contracts perspective - View of corporation as a set of contracting relationships, among individuals who have conflicting objectives, such as shareholders or managers. The corporation is a legal contrivance that serves as the nexus for the contracting relationships.


Set of contracts perspective : view of corporation as a set of contracting relationships, among individuals who have conflicting objectives, such as shareholders or managers. the corporation is a legal contrivance that serves as the nexus for the contracting relationships.