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