The Impact of Trust on the Mode of Transaction Governance between Manufacturer and Distributor: Evidence from Georgia

Article English OPEN
George BERULAVA; David LEZHAVA;
(2008)
  • Publisher: Ala-Too International University
  • Journal: Eurasian Journal of Business and Economics (issn: 1694-5948, eissn: 1694-5972)
  • Publisher copyright policies & self-archiving
  • Subject: Georgia | trust | transaction costs | vertical integration | transactional relationships | Business | HF5001-6182

The goal of the paper is to explore main determinants of the mode of transaction governance between manufacturers and distributors. We examine a number of types of transaction governance, viz., markets, relational transacting, and hierarchies. The model proposed in the... View more
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