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Transaction Cost - Enhanced Entry Mode Choice and Firm Performance
Oleh:
Brouthers, Keith D.
;
Brouthers, Lance Eliot
;
Werner, Steve
Jenis:
Article from Journal - ilmiah internasional
Dalam koleksi:
Strategic Management Journal vol. 24 no. 12 (2003)
,
page 1239-1248.
Topik:
firm performance
;
transaction cost
;
entry mode
;
performance
Ketersediaan
Perpustakaan Pusat (Semanggi)
Nomor Panggil:
SS30.13
Non-tandon:
1 (dapat dipinjam: 0)
Tandon:
tidak ada
Lihat Detail Induk
Isi artikel
According to transaction cost theory, firms select the international mod eof entry that provides the most efficient form of governance. However, previous scholarship largely neglects the impact of transaction cost variables on entry mode choice and firm performance. In this stufy, we add transaction cost variables to a set of variables preiously usd to predict firm mode choice and performance. We theorize and find that firms selecting these "transaction cost - enhanced international entry modes" perform better than firms using other modes of entry. Based on your results, we conclude that "enhanced" transaction cost theory appears to be normative as well as descriptive with respect to international entry mode decisions.
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