search query: @indexterm INTERNATIONAL TRADE / total: 2170
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| Author: | Ellis, P.D. |
| Title: | Social structure and intermediation: market-making strategies in international exchange |
| Journal: | Journal of Management Studies
2003 : NOV, VOL. 40:7, p. 1683-1708 |
| Index terms: | International trade Market information Markets Social structure |
| Freeterms: | Intermediation |
| Language: | eng |
| Abstract: | Information gaps between markets create opportunities for international trade intermediaries to negotiate cross-border exchanges. Faced with the prospect of eventually being eliminated from these exchanges, intermediaries must continually search for new opportunities to mediate international exchange. An original explanation is derived from the core principles of structural hole theory in this paper in order to explain how these market-making companies operate in the tension found between the inevitable decay of existing exchange relationships and the uncertainty of finding replacement sources of income. |
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