The Role of Trust and Contractual Safeguards on Cooperation in Non-Equity Alliances  

Oleh:

Hang-Yue, Ngo ; Lui, Steven S.

Jenis: Article from Journal - ilmiah internasional
Dalam koleksi: JOM: Journal of Management vol. 30 no. 4 (2004), page 471-486.
Topik: safety; role of trust; contractual safeguards; cooperation; non-equity alliances
Fulltext: 471.pdf (126.13KB)

Ketersediaan

Perpustakaan Pusat (Semanggi) Nomor Panggil: JJ92.7 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada

Lihat Detail Induk

Isi artikel

Because partners may behave opportunistically in alliances, contractual safeguards or trust between partners are necessary for successful outcomes. However, it remains controversial whether safeguards and trust substitute or complement each other. Drawing on transaction cost theory, this study conceptualizes both contractual safeguards and trust as important control mechanisms in non - equity alliances, and develops a model that relates contractual safeguards and trust to cooperative outcomes. We test our hypotheses with data collected from 233 architect – contractor partnerships in Hong Kong. The results show that the relationship between contractual safeguards and cooperative outcomes depends on both the level and type of trust.

Opini Anda

Klik untuk menuliskan opini Anda tentang koleksi ini!

Kembali