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Article: An empirical analysis of contracting by Chinese firms
Title | An empirical analysis of contracting by Chinese firms |
---|---|
Authors | |
Keywords | Chinese Firms Formal Contracts Location Relational Contracts |
Issue Date | 2010 |
Publisher | Elsevier BV. The Journal's web site is located at http://www.elsevier.com/locate/chieco |
Citation | China Economic Review, 2010, v. 21 n. 3, p. 423-431 How to Cite? |
Abstract | Why do firms use formal contracts or relational contracts with their business partners? The paper uses survey data based on a large number of Chinese firms to uncover some important factors for why and when formal contracts or relational contracts are used. This study identifies geographical location as an important factor in affecting Chinese firms' contracting decisions. We find that a firm is more likely to use formal contracts with its clients and suppliers if they are located in a city different from the firm's main business location. We also find that larger (smaller) firms tend to adopt formal (relational) contracts. However, while the number of clients has a negative impact on a firm's adoption of formal contracts with its clients, the number of suppliers has a positive impact on its adoption of formal contracts with the suppliers. © 2010 Elsevier Inc. |
Persistent Identifier | http://hdl.handle.net/10722/177775 |
ISSN | 2023 Impact Factor: 5.2 2023 SCImago Journal Rankings: 1.732 |
ISI Accession Number ID | |
References |
DC Field | Value | Language |
---|---|---|
dc.contributor.author | Hu, Y | en_US |
dc.contributor.author | Qiu, LD | en_US |
dc.date.accessioned | 2012-12-19T09:39:52Z | - |
dc.date.available | 2012-12-19T09:39:52Z | - |
dc.date.issued | 2010 | en_US |
dc.identifier.citation | China Economic Review, 2010, v. 21 n. 3, p. 423-431 | en_US |
dc.identifier.issn | 1043-951X | en_US |
dc.identifier.uri | http://hdl.handle.net/10722/177775 | - |
dc.description.abstract | Why do firms use formal contracts or relational contracts with their business partners? The paper uses survey data based on a large number of Chinese firms to uncover some important factors for why and when formal contracts or relational contracts are used. This study identifies geographical location as an important factor in affecting Chinese firms' contracting decisions. We find that a firm is more likely to use formal contracts with its clients and suppliers if they are located in a city different from the firm's main business location. We also find that larger (smaller) firms tend to adopt formal (relational) contracts. However, while the number of clients has a negative impact on a firm's adoption of formal contracts with its clients, the number of suppliers has a positive impact on its adoption of formal contracts with the suppliers. © 2010 Elsevier Inc. | en_US |
dc.language | eng | en_US |
dc.publisher | Elsevier BV. The Journal's web site is located at http://www.elsevier.com/locate/chieco | en_US |
dc.relation.ispartof | China Economic Review | en_US |
dc.subject | Chinese Firms | en_US |
dc.subject | Formal Contracts | en_US |
dc.subject | Location | en_US |
dc.subject | Relational Contracts | en_US |
dc.title | An empirical analysis of contracting by Chinese firms | en_US |
dc.type | Article | en_US |
dc.identifier.email | Qiu, LD: larryqiu@hku.hk | en_US |
dc.identifier.authority | Qiu, LD=rp01093 | en_US |
dc.description.nature | link_to_subscribed_fulltext | en_US |
dc.identifier.doi | 10.1016/j.chieco.2010.03.003 | en_US |
dc.identifier.scopus | eid_2-s2.0-77953139297 | en_US |
dc.relation.references | http://www.scopus.com/mlt/select.url?eid=2-s2.0-77953139297&selection=ref&src=s&origin=recordpage | en_US |
dc.identifier.volume | 21 | en_US |
dc.identifier.issue | 3 | en_US |
dc.identifier.spage | 423 | en_US |
dc.identifier.epage | 431 | en_US |
dc.identifier.isi | WOS:000278839900004 | - |
dc.publisher.place | Netherlands | en_US |
dc.identifier.scopusauthorid | Hu, Y=7407119615 | en_US |
dc.identifier.scopusauthorid | Qiu, LD=7201538008 | en_US |
dc.identifier.citeulike | 6958229 | - |
dc.identifier.issnl | 1043-951X | - |