search query: @freeterm UNTERNEHMENSSTRUKTUR / total: 11
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| Author: | Chiles, T. H. McMackin, J. F. |
| Title: | Integrating variable risk preferences, trust, and transaction cost economics (Unternehmenskontrolle, Risikoanalyse) |
| Journal: | Academy of Management Review
1996 : JAN, VOL. 21:1, p. 73-99 |
| Index terms: | |
| Freeterms: | WIRTSCHAFTSTHEORIE, KOSTENTHEORIE, UNTERNEHMENSSTRATEGIE, UNTERNEHMENSSTRUKTUR |
| Language: | eng |
| Abstract: | Transaction cost economics (TCE) relies on three behavioural assumptions in predicting how firms choose governance structures: bounded rationality, opportunism, and risk neutrality. This article explores the implications of the neglected behavioural assumption of risk neutrality, offers an integrative appraisal of the three behavioural assumptions using trust as a unifying perspective, and explicate subjective costs and risks. |
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