Hotel outsourcing under asset specificity: “The good, the bad and the ugly”
Glauco De Vita and
Arafet Tekaya
Tourism Management, 2015, vol. 47, issue C, 97-106
Abstract:
This paper presents three case studies developed to investigate outsourcing outcomes in the Tunisian hotel industry. The paper applies a transaction cost economics (TCE) logic to examine potential contracting problems stemming from hotel outsourcing under asset specificity conditions. Working within the tradition of post-positivism, we find case study evidence of significant falsification value regarding TCE propositions on the performance consequences of unilateral and bilateral relation-specific investments and their holdup potential. Our insights have important practical implications for the management of hotel outsourcing relationships characterized by high asset specificity.
Keywords: Asset specificity; Case study; Falsification; Inter-firm behavior; Outsourcing; Transaction cost economics (search for similar items in EconPapers)
Date: 2015
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Citations: View citations in EconPapers (2)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:touman:v:47:y:2015:i:c:p:97-106
DOI: 10.1016/j.tourman.2014.09.012
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