McGinn ABSTRACT We investigate how structural features of negotiations Download the paper hbs research pdf .pdf pdf Leviathan in Business Varieties of State Capitalism and . Ie AUTHORS Aldo Musacchio and Sergio G. Lazzarini ABSTRACT In this paper . Ie document the extent and reach of state capitalism around the world and explore its economic implications. We focus can affect interaction processes and . Ihow negotiations can be not only a solution to but also a source of inter organizational conflict. Principals . Iagents and teams face different sets of constraints and opportunities in negotiations.
We develop grounded theory detailing
How the micro interactions comprising a negotiation are shaped. I by the representation structure principals agents or teams of the parties. In qualitative and quantitative analyses of negotiations carried out by principals agents and teams in a laboratory experiment we find that negotiators Japan Mobile Database efforts to manage the constraints and opportunities of their representation . Istructure are reflected in the micro interactions the broad improvisations and . Ithe resulting substantive and relational outcomes. on governmental provision of capital to corporations either equity or debt as a defining feature of state capitalism.
We present a stylized distinction between
Two broad general varieties of state capitalism one. I through majority control of publicly traded companies e.g. state controlled SOEs and a hybrid form that relies on Belgium Phone Number minority investments in companies by development banks pension funds sovereign w. Iealth funds and the government itself. We label these two alternative modes Leviathan as a majority investor and Leviathan as . Ia minority investor respectively. Next we differentiate between these two modes by describing their key fundamental traits and the conditions that should make each mode more conducive to development and superior economic performance.