研討日期	2024年4月29日12:10-13:50
研討地點	國立臺灣大學社會科學院710會議室
主講題目 Title of the paper	Centralized versus Decentralized Management: A Tale of a Vertically Integrated Producer with Strategic Input Purchasing
作者 Authors of the paper	Micah Mainala, Dang-Long Bui, and Yan-Shu Lin
文獻出處 Journal, vol.(issue), pp	Working paper
主講人	王羿傑
參加人員	黃鴻、林燕淑、王光正、高國峯、彭正浩、許至乙、周冰瑤Suttiwan、Ayu Sasni Munte、Artah、Micah、楊雅棠、Chisomo、Anggoro、呂明權
	In contemporary corporate governance, it is common for a vertically integrated producer (VIP) to either centralize control over its operations in vertically related markets or decentralize its management, restricting the VIP's decision-making to the input market. We examine the superiority between these management structures within a framework where the VIP competes against independent suppliers to provide input to a downstream rival. By allowing strategic input purchasing such that the VIP can be a buyer in the upstream market, we find that decentralization is always a preferred management structure no matter the number of the upstream competitors. Moreover, prohibiting strategic input purchasing causes the equivalence between the two management structures.