Work

Transaction Cost Economics and Directions for Relational Governance Research

Year: 2011

Type: article

Abstract: Transaction Cost Economics (TCE) has formed the basis of interorganizational governance research for the past thirty years. This paper summarizes TCE and explores some of its criticisms, namely its restricted solution set and its ignorance of trust-based behaviors. Some of these concerns are addressed by the relational view of interorganizational governance, although a more compelling solution appears to be a hybrid of these theories. Suggestions for future research and highlights of prominent IS research utilizing these theories are included.

Source: Journal of the Association for Information Systems

Author: Tom Gregory

Language: English

Topic: Outsourcing and Supply Chain Management

Subfield: Management Information Systems

Field: Business, Management and Accounting

Domain: Social Sciences

Open Access status: green

OpenAlex ID: W836593913

FWCI: 0.545

Cites: 20

Cited by: 3

Related to: 10