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Transaction governance structure: Theories, empirical studies, and instrument design

Aimao Zhang (Assistant Professor, Department of Information Technology at Georgia Southern University)

International Journal of Commerce and Management

ISSN: 1056-9219

Article publication date: 31 May 2006

Abstract

Transaction cost economics is an important anchor for analyzing a wide range of economic and organizational issues and is complemented by various theories, resulting in a perception shift of transaction governance structure from a polar classification toward a continuum (John & Reve, 1982; Heide & Miner, 1992; Hennart, 1993). Despite conceptual framework developments, empirical studies based on the continuum are scarce. This research is an initial effort toward TGS dimensionalization and operationalization and reviews theoretical developments since 1930, surveys empirical studies from 1982 to 2004, presents Williamson’s framework (1991), and proposes a set of items for instrument design.

Keywords

Citation

Zhang, A. (2006), "Transaction governance structure: Theories, empirical studies, and instrument design", International Journal of Commerce and Management, Vol. 16 No. 2, pp. 59-85. https://doi.org/10.1108/10569210680000208

Publisher

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Emerald Group Publishing Limited

Copyright © 2006, Emerald Group Publishing Limited