... processes. The economic consequences of interaction in interorganizational business relationships are thus more complex than what is commonly assumed in the transaction centered perspective on market exchange. Some of these aspects have been discussed in research in the transaction cost stream of research...

... equation modeling to support the proposed model empirically. The authors examined the effect of social capital and transaction cost dimensions on different forms of a supplier’s opportunism. All three dimensions of social capital have a different impact on both the forms of a supplier’s opportunism...

... hypotheses, to confirm the reliability and to generalize the research findings. The study discusses several practical implications for B2B managers who typically involve in interfirm exchanges as well as for emerging economies’ institutions. Leveraging theoretical insights from transaction cost...