Cooperation between corporations and environmental groups: A transaction cost perspective

• 成果类型: Article; Proceedings Paper
• 署名作者: King, Andrew
• 署名单位: Dartmouth College
• 刊物名称: ACADEMY OF MANAGEMENT REVIEW
• ISSN/ISSBN: 0363-7425
• 发表日期: 2007
• 页码: 889-900
• 关键词: market; alliances; BUSINESS

摘要

Theory suggests that when transaction costs are low, corporations and stakeholders can minimize social costs by transacting to their mutual advantage, but when transaction costs are high. reducing social costs requires the intervention of a centralized institution. In surprisingly little work have scholars considered what happens in between-when transaction costs exist but recourse to hierarchical institution is barred. I use transaction cost analysis to hypothesize how collaboration between corporations and environmental stakeholder groups will be structured.