Transaction cost economics, resource dependence theory, and customer--supplier relationships
Robert C. Fink,
Linda F. Edelman,
Kenneth J. Hatten and
William L. James
Industrial and Corporate Change, 2006, vol. 15, issue 3, 497-529
Abstract:
This study develops and then tests an expanded conceptual framework for understanding relational customer--supplier exchanges. The explanatory power of transaction cost economics and resource dependence theory is examined, first individually, and then the theories are unified to provide a more comprehensive model for understanding of firms' decisions to pursue relational exchanges. Regression analyses performed on data from 372 pulp, paper, and paperboard mills indicate that the combined framework provides a better explanation of customer choices than either theory individually. Implications and future research are discussed. Copyright 2006, Oxford University Press.
Date: 2006
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Persistent link: https://EconPapers.repec.org/RePEc:oup:indcch:v:15:y:2006:i:3:p:497-529
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