Successfully managing business networks in supply chain: minimizing transaction costs and maximizing commitments in buyer-supplier relationships
2016 (English)In: 25th annual IPSERA Conference. Sunday 20 March - Wednesday 23 March 2016: Purchasing & Supply Management : From efficiency to effectiveness in an integrated Supply Chain Management, Technical University of Dortmund , 2016, 1-16 p.Conference paper (Refereed)
Based on transaction cost economics and social exchange theory, the purpose of this study is to investigate the significant relationship developing factors in supply chain that may help to reduce the transaction costs and to examine the impact on relational commitment. The integrated framework is tested by applying structural equation modeling for 170 Finnish SMEs. The results present the impact of economic and social factors on transaction cost and relational commitment. The findings indicate the important interaction effects between economic and social factors in relation to minimize transaction cost along with important implications for managers to develop long-term business relationships.
Place, publisher, year, edition, pages
Technical University of Dortmund , 2016. 1-16 p.
Transaction cost, relational commitment, buyer-supplier relationships, transaction cost economics, social exchange theory
Research subject Economy, Business administration
IdentifiersURN: urn:nbn:se:lnu:diva-61945OAI: oai:DiVA.org:lnu-61945DiVA: diva2:1085381
25th annual IPSERA Conference. Sunday 20 March - Wednesday 23 March 2016