 Governance mechanisms and buyer supplier relationship in Tunisian exporting SMEsMeryem Bellouma International Journal of Corporate Governance, 2012, vol. 3, issue 1, 46-59 Abstract: This study seeks to understand the effect of transactional and relational governance mechanisms on opportunism induced by the buyer supplier exchange's ties. Using panel data of 386 Tunisian export companies between 2003 and 2008, the analysis shows that transactional as well as relational governance mechanisms are negatively related to the opportunistic behaviour of the customer. In order to focus on internal corporate characteristics, the level of debt and the size of the buyer are controlled. The findings support the role of contracts as formal governance tool in reducing inter-firm opportunism which corroborates transaction cost economics. They also confirm some main notions in social exchange theory. The role of trust as relational mechanism in governing the buyer-supplier relationship has been verified. Finally, the results of this paper sustain the complementarity view toward relational and transactional governance mechanisms. Keywords: corporate governance; transactional governance mechanisms; relational governance mechanisms; opportunism; buyer-supplier relationship; Tunisia; exports; exporting SMEs; small and medium-sized enterprises; transaction cost economics; TCE; debt level; buyer size; social exchange theory. (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:ids:ijcgov:v:3:y:2012:i:1:p:46-59 Access Statistics for this article More articles in International Journal of Corporate Governance from Inderscience Enterprises Ltd |
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