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Article: Untangling the safeguarding and coordinating functions of contracts: Direct and contingent value in China

TitleUntangling the safeguarding and coordinating functions of contracts: Direct and contingent value in China
Authors
KeywordsContract specificity
Exchange characteristics
Transaction cost economics
China
Issue Date2017
PublisherElsevier Inc. The Journal's web site is located at http://www.elsevier.com/locate/jbusres
Citation
Journal of Business Research, 2017, v. 78, p. 184-192 How to Cite?
AbstractBy untangling two distinct facets of contracting, this study investigates how task specificity and contingency specificity differentially affect relationship performance in an emerging economy. The paper posits that task specificity serves as safeguards in regulating interfirm transactions, and contingency specificity plays a coordinating role by offering response blueprints for uncertain events. The results from a survey of 334 manufacturer-supplier dyads in China suggest that task specificity fosters supplier performance. However, as exchange uncertainty increases, the role of task specificity declines, but the role of contingency specificity increases. Contingency specificity also exerts a stronger impact when exchange tacitness is high.
Persistent Identifierhttp://hdl.handle.net/10722/258989
ISSN
2017 Impact Factor: 2.509
2015 SCImago Journal Rankings: 1.682
ISI Accession Number ID

 

DC FieldValueLanguage
dc.contributor.authorZhang, Q-
dc.contributor.authorZhou, KZ-
dc.contributor.authorWang, Y-
dc.contributor.authorWei, H-
dc.date.accessioned2018-09-03T03:59:41Z-
dc.date.available2018-09-03T03:59:41Z-
dc.date.issued2017-
dc.identifier.citationJournal of Business Research, 2017, v. 78, p. 184-192-
dc.identifier.issn0148-2963-
dc.identifier.urihttp://hdl.handle.net/10722/258989-
dc.description.abstractBy untangling two distinct facets of contracting, this study investigates how task specificity and contingency specificity differentially affect relationship performance in an emerging economy. The paper posits that task specificity serves as safeguards in regulating interfirm transactions, and contingency specificity plays a coordinating role by offering response blueprints for uncertain events. The results from a survey of 334 manufacturer-supplier dyads in China suggest that task specificity fosters supplier performance. However, as exchange uncertainty increases, the role of task specificity declines, but the role of contingency specificity increases. Contingency specificity also exerts a stronger impact when exchange tacitness is high.-
dc.languageeng-
dc.publisherElsevier Inc. The Journal's web site is located at http://www.elsevier.com/locate/jbusres-
dc.relation.ispartofJournal of Business Research-
dc.subjectContract specificity-
dc.subjectExchange characteristics-
dc.subjectTransaction cost economics-
dc.subjectChina-
dc.titleUntangling the safeguarding and coordinating functions of contracts: Direct and contingent value in China-
dc.typeArticle-
dc.identifier.emailZhou, KZ: kevinzhou@business.hku.hk-
dc.identifier.authorityZhou, KZ=rp01127-
dc.identifier.doi10.1016/j.jbusres.2016.12.014-
dc.identifier.hkuros288796-
dc.identifier.volume78-
dc.identifier.spage184-
dc.identifier.epage192-
dc.identifier.isiWOS:000405053800018-
dc.publisher.placeUnited States-

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