...Hilary Fussell; Jill Harrison‐Rexrode; William R. Kennan; Vincent Hazleton Purpose The purpose of this paper is to explore the connection between social capital, transaction costs, and organizational outcomes. Design/methodology/approach The study is based on a survey of 176 employees...

... business development. The article is structured as follows. In the first section we provide a context for the subsequent analysis. Next we explore a variety of theoretical benefits of PR to firms, mostly from a transactions cost perspective. We go on to describe our methodology and then our results. We...

...Terry Burke Uncertainty means that transaction costs have to be incurred by organisations whenever they make an agreement. These costs include time and money spent searching, drawing up and enforcing contracts and in dealing with contingencies. The concept of transaction costs is traced from its...