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THE ROLE OF COGNITION AND MOTIVATION IN UNDERSTANDING INTERNAL GOVERNANCE AND HIERARCHICAL FAILURE: A DISCRIMINATING ALIGNMENT ANALYSIS

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Transaction cost economics (TCE) carefully analyzes market failure while remaining largely silent about hierarchical failure. We argue this omission occurs because TCE’s opportunism assumption does... Click to show full abstract

Transaction cost economics (TCE) carefully analyzes market failure while remaining largely silent about hierarchical failure. We argue this omission occurs because TCE’s opportunism assumption does...

Keywords: role cognition; cognition motivation; understanding internal; failure; hierarchical failure; motivation understanding

Journal Title: Academy of Management Review
Year Published: 2021

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