The Impact of Trust on the Mode of Transaction Governance between Manufacturer and Distributor: Evidence from Georgia

The Impact of Trust on the Mode of Transaction Governance between Manufacturer and Distributor: Evidence from Georgia

The goal of the paper is to explore main determinants of the mode of transaction governance between manufacturers and distributors. We examine a number of types of transaction governance, viz., markets, relational transacting, and hierarchies. The model proposed in the paper integrates the concept...

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Bibliographic Details
Main Authors: George BERULAVA, David LEZHAVA
Format: Article
Language:English
Published: Ala-Too International University 2008-11-01
Series:Eurasian Journal of Business and Economics
Subjects:
Georgia
trust
transaction costs
vertical integration
transactional relationships
Online Access:http://www.ejbe.org/EJBE2008Vol01No02p01BERULAVA-LEZHAVA.pdf
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spelling doaj-228bd091069442d0b0e2c611c4c45deb2020-11-25T02:12:31ZengAla-Too International UniversityEurasian Journal of Business and Economics 1694-59481694-59722008-11-0112132The Impact of Trust on the Mode of Transaction Governance between Manufacturer and Distributor: Evidence from GeorgiaGeorge BERULAVADavid LEZHAVAThe goal of the paper is to explore main determinants of the mode of transaction governance between manufacturers and distributors. We examine a number of types of transaction governance, viz., markets, relational transacting, and hierarchies. The model proposed in the paper integrates the concept of trust with key dimensions of transaction cost economics, being estimated with data from a sample of Georgian manufacturing industries. The main finding of the study is that trust along with traditional dimensions of transaction cost economics has a significant impact on the choice of exchange governance modehttp://www.ejbe.org/EJBE2008Vol01No02p01BERULAVA-LEZHAVA.pdfGeorgiatrusttransaction costsvertical integrationtransactional relationships
collection DOAJ
language English
format Article
sources DOAJ
author George BERULAVA
David LEZHAVA
spellingShingle George BERULAVA
David LEZHAVA
The Impact of Trust on the Mode of Transaction Governance between Manufacturer and Distributor: Evidence from Georgia
Eurasian Journal of Business and Economics
Georgia
trust
transaction costs
vertical integration
transactional relationships
author_facet George BERULAVA
David LEZHAVA
author_sort George BERULAVA
title The Impact of Trust on the Mode of Transaction Governance between Manufacturer and Distributor: Evidence from Georgia
title_short The Impact of Trust on the Mode of Transaction Governance between Manufacturer and Distributor: Evidence from Georgia
title_full The Impact of Trust on the Mode of Transaction Governance between Manufacturer and Distributor: Evidence from Georgia
title_fullStr The Impact of Trust on the Mode of Transaction Governance between Manufacturer and Distributor: Evidence from Georgia
title_full_unstemmed The Impact of Trust on the Mode of Transaction Governance between Manufacturer and Distributor: Evidence from Georgia
title_sort impact of trust on the mode of transaction governance between manufacturer and distributor: evidence from georgia
publisher Ala-Too International University
series Eurasian Journal of Business and Economics
issn 1694-5948
1694-5972
publishDate 2008-11-01
description The goal of the paper is to explore main determinants of the mode of transaction governance between manufacturers and distributors. We examine a number of types of transaction governance, viz., markets, relational transacting, and hierarchies. The model proposed in the paper integrates the concept of trust with key dimensions of transaction cost economics, being estimated with data from a sample of Georgian manufacturing industries. The main finding of the study is that trust along with traditional dimensions of transaction cost economics has a significant impact on the choice of exchange governance mode
topic Georgia
trust
transaction costs
vertical integration
transactional relationships
url http://www.ejbe.org/EJBE2008Vol01No02p01BERULAVA-LEZHAVA.pdf
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AT georgeberulava impactoftrustonthemodeoftransactiongovernancebetweenmanufactureranddistributorevidencefromgeorgia
AT davidlezhava impactoftrustonthemodeoftransactiongovernancebetweenmanufactureranddistributorevidencefromgeorgia
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