Abstract
For many years, the problems of internal cession prices (ICP) have been as important for the practitioners as for the researchers. Williamson already wondered about the hierarchy efficiency (activities' internationalization) in comparison with the market (activities' externalization). The aim is to minimize the transaction costs. Agency theory and conventions theory also bring into question the means that are needed to minimize expenses (agency costs, or costs related to contracts) such as the opportunism expenses, information asymmetry expenses, adversary selection costs or moral chance costs. We call internal cession price the transfer, valorization and product exchanges, under products services between responsibility center, benefit center, and division.
