Transaction cost economics in global sourcing: Assessing regional differences and implications for performance

Christian O. Schneider, Philipp Bremen, Paul Schönsleben and Robert Alard

International Journal of Production Economics, 2013, vol. 141, issue 1, 243-254

Abstract: This paper addresses two gaps in current research on transaction cost economics (TCE): first, the fundamental claim suggesting that firms that align their governance structure to transactions according to TCE perform better than those that do not, and second, the application of TCE to global sourcing transactions. A research model is presented and evaluated using a set of 150 relationships between Swiss buyers and foreign suppliers. The findings suggest that there are significant differences in how transactions and governance structures are aligned with varying performance and with suppliers from Western Europe as compared to suppliers from other regions.

Keywords: Global sourcing; Transaction cost economics; Performance measurement; Governance structures (search for similar items in EconPapers)
Date: 2013
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Citations: View citations in EconPapers (15)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:proeco:v:141:y:2013:i:1:p:243-254

DOI: 10.1016/j.ijpe.2011.02.025

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