Oliver Williamson argument that the multidivisional corporation resolves the agency problem in large public corporation has not been verified in practice.

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Oliver Williamson's argument that the multidivisional corporation resolves the agency problem in large public corporations has been verified in practice. Multidivisional corporations have been shown to be more efficient than unitary corporations, and they have been able to reduce agency costs.

Oliver Williamson Argument That the Multidivisional Corporation Resolves the Agency