transaction cost economics
2. Transaction Cost Economics
... However, Transaction Cost Economics argues that markets have difficulty dealing with some transactions because of asset specificity, bounded rationality, and opportunistic behavior by the parties to ...
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The Firm as Transaction Cost Economics Concept
... theory, Transaction cost economics, Theory of the Firm, Coase, ...al Economics The “paradox of the firm” is well-known in economics – on one hand, the firm practically exists (and ...
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Determinants of Outsourcing: Transaction Cost Economics and Core Competencies Theory
... sunk cost on the decision to ...looking cost but sunk cost to backward looking investment which should not be taken into account of ...from transaction cost economics and ...
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What makes outsourcing effective - a transaction-cost economics analysis
... Transaction Cost Economics (TCE) has been suggested as a theoretical framework to determine an effective institutional structure (markets versus hierarchies) and associated governance mechanisms for ...
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Understanding Smart Contracts as a New Option in Transaction Cost Economics
... Transaction cost economics (TCE) has posited that firms and markets are alternative modes of governing economic activity in the society (Williamson ...
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Applying Transaction Cost Economics: A Note on Biomass Supply Chains
... The Case of Iogen The Iogen Corporation is a Canadian biotech company that is a leader in scientific research to produce cellulose-based ethanol from straw, corn stover, and dedicated energy crops. Iogen’s genetically ...
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Export mode portfolio: transaction cost economics and real options perspectives
... of transaction cost economics and real options, where each theory emphasises specific core antecedents and entails different logic in viewing entry mode portfolios of the ...to transaction ...
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A Transaction Cost Economics View of Outsourcing Boniface Michael, Rashmi Michael
... In this paper, we examine the incidence of outsourcing of jobs by US firms from a Transaction Cost Economics perspective. We also examine if there are adjustment difficulties that displaced workers ...
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Shared service centers and governance structure change: A transaction cost economics approach
... 5. Reflection and conclusion In order to focus on the efficiency of choices in the governance structure of services, and, particularly, of services provided by an SSC, this paper extends Vosselman’s (2002) ...
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Governance of Collaborative Open Source Software: Inference from Transaction Cost Economics Model
... Keywords Hybrid governance, collaborative open source software, transaction cost economics, interorganizational cooperation. INTRODUCTION Open source software‟s extraordinary method of organization ...
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A Focus on ‘Control’: Reconciling Contemporary Transaction Cost Economics with Behavioural Contingency Accounting Perspectives
... of transaction cost economics and contingency accounting, by trying to find some common ground between ...of transaction cost economics as advocated by Baiman [1990], it has ...
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Opening the upstream oil industry to private companies: An analysis based on transaction cost economics
... of transaction cost economics, we have focused on the problems of coordination and transaction costs inherent in interaction between a state, which owns subsoil resources, and private ...oil- ...
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Фирмата в Теорията на транзакционните разходи/The Firm as Transaction Cost Economics Concept
... 106 Фирмата в Теорията на транзакционните разходи Пламен Чипев Abstract: Within the framework of the mainstream neoclassical model, the existence of the firm creates serious theoretical difficulties. Major attempt to ...
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Impact of Social Media Management Styles on Willingness to Be a Fan: A Transaction Cost Economics Perspective
... the transaction cost economics perspective, the transaction cost of social interaction activities is high considering the frequency, asset specificity and the possible uncertainty ...
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Construct Validation by Hierarchical Bayesian Concept Maps: An Application to the Transaction Cost Economics Theory of the Firm
... We identify a theory by a set of core tenets each asserting that one set of in- dependent variables affects one dependent variable, moreover every variable can have several operational definitions. Data consist of a ...
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Transaction cost economics as a contributing theory to supply chain management: an assessment and application on theoretical basis
... the Transaction Cost Economics: the given components are testable, while proposed interactions and relationships can be observed or at least ...
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An Empirical Investigation of Accounting Outsourcing in Iranian SMEs: Transaction Cost Economics and Resource-Based Views
... Transaction cost economics (TCE) theory has become as a standard framework and described why some SMEs outsource accounting functions to external accountants, and how professional accountants can ...
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The Impact of Accounting Outsourcing on Iranian SME Performance: Transaction Cost Economics and Resource-Based Perspectives
... Abstract: This paper identifies the factors affecting outsourcing intensity of accounting activities and the impact of outsourcing on firm performance in term of transaction cost economics (TCE) ...
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Understanding online shopping behaviour using a transaction cost economics approach. Pien Wang and Chang Hong Leong
... upon Transaction Cost Economics (TCE) theory, this paper hypothesises that consumers’ transaction cost of online shopping is affected by six antecedents: product uncertainty, ...
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Malaysian Based Manufacturing Firms Strategic Sourcing: A Test of Transaction Cost Economics Theory and Resource Based View
... The relentless searching of strategic sourcing, due to the fact that globalization is inevitable and today’s manufacturers are competing in highly competitive environment, has pooled many business practices into two ...
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