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Winning legally: the value of legal astuteness
This paper postulates that "legal astuteness" - defined here as the ability of the top management team to communicate effectively with counsel and to work together to solve complex problems - is a valuable managerial capability that may provide a competitive advantage under the resource-based view of the firm. It posits that law and the tools it offers are an enabling force legally astute management teams can use to manage the firm more effectively. In particular, it proposes that legally astute management teams can, inter alia, use formal contracts as complements to relational governance to define and strengthen relationships and reduce transaction costs; protect and enhance the realizable value of resources; use legal tools to create options; and convert regulatory constraints into opportunities..Printed Journal
Call Number | Location | Available |
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PSB lt.dasar - Pascasarjana | 1 |
Penerbit | The Academy of Management., |
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Edisi | - |
Subjek | Communication Competitive advantage studies Upper management Legal counsel |
ISBN/ISSN | 3637425 |
Klasifikasi | - |
Deskripsi Fisik | - |
Info Detail Spesifik | - |
Other Version/Related | Tidak tersedia versi lain |
Lampiran Berkas | Tidak Ada Data |