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The Role of the Transaction Costs in the Business Success of Small and Medium Sized Enterprises in Russia

Year: 2016

Type: conference-paper

Abstract: This article represents the results of a study of transaction costs and business success of small and medium sized enterprises. Based on empirical analysis, the authors introduce a comparative description of transaction costs in different sectors of the Russian economy and demonstrate their effect on the business success. The optimal level of cost for the transaction in each particular section is determined using statistical analysis.

Source: Procedia - Social and Behavioral Sciences

DOI: 10.1016/j.sbspro.2016.05.104

Authors: E. Nikolaeva, D. Pletnev

Institution: Chelyabinsk State University

Language: English

Topic: Outsourcing and Supply Chain Management

Subfield: Management Information Systems

Field: Business, Management and Accounting

Domain: Social Sciences

SDGs: Decent work and economic growth, Industry, innovation and infrastructure

Open Access status: diamond

Funder: Russian Science Foundation