Trust and Governance in Hybrid Relationships: An Investigation of Logistics Alliances
Description:
Transaction cost economics (TCE) theorists traditionally have classified transactions between firms as governed by either market or hierarchy. By assessing characteristics of the transaction - asset specificity, uncertainty, and frequency - firms choose the governance form which minimizes transaction costs, the costs of administering the business deal. During the 1980s, however, TCE has found itself unable to explain the proliferation of strategic alliances. These hybrid relationships seek the …
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Date:
December 1998
Creator:
Orr, John Patrick, 1950-
Partner:
UNT Libraries