Telecommunications services market in the light of the Agency Theory and the Transaction Cost Theory under New Institutional Economics: case for Poland

Information
Title: Telecommunications services market in the light of the Agency Theory and the Transaction Cost Theory under New Institutional Economics: case for Poland
Issue: Vol. 7, No 3, 2014
Published date: 20-11-2014 (print) / 20-11-2014 (online)
Journal: Journal of International Studies
ISSN: 2071-8330, eISSN: 2306-3483
Authors: Piotr Szkudlarek
Keywords: institutional economics, agency theory, transaction cost theory, telecommuni- cations
DOI: 10.14254/2071-8330.2014/7-3/6
DOAJ: https://doaj.org/article/8023c1d288ac45d6ba2ab614835efc6d
Language: English
Pages: 70-80 (11)
Website: http://www.jois.eu/files/Vol_7_2_Piotr_Szkudlarek.pdf
File https://www.jois.eu/files/Vol_7_2_Piotr_Szkudlarek.pdf
Abstract

The main objective of the paper is to evaluate the telecommunications services market in Poland, focusing on its regulation in the context of the Agency Theory and the Transaction Cost Theory under New Institutional Economics (hereinafter NIE). In the following sections of the paper, selected aspects concerning institutional economics, particularly institutions are presented. Next, the key issues related to the Agency Theory and the Transaction Cost Theory under New Institutional Economics are described. The theories are a basis for the evaluation of the telecommunications services market in Poland shown in the final part of the paper. The aim of the paper is to identify and analyse key aspects of regulation as a means of the state’s influence on the economy.