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Transaction cost economics: a cross‐cultural perspective for understanding and communication
Author(s) -
Domicone Harry,
Bracker Jeffrey,
Shiffler Ronald
Publication year - 1998
Publication title -
strategic change
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.527
H-Index - 16
eISSN - 1099-1697
pISSN - 1086-1718
DOI - 10.1002/(sici)1099-1697(199803/04)7:2<89::aid-jsc326>3.0.co;2-l
Subject(s) - transaction cost , perspective (graphical) , globalization , internalization theory , database transaction , management theory , sociology , cross cultural , economics , positive economics , marketing , business , social science , public relations , management , microeconomics , political science , computer science , market economy , anthropology , artificial intelligence , programming language
The globalization of management theory and practice is becoming a reality for academics and practitioners alike. Little has been written which examines received theories of management from trans‐national and multi‐cultural perspectives. The article discusses one management theory of organizing and conducting enterprise, transaction cost economics, in light of differences which occur across cultures. Implications are discussed and areas of suggested additional inquiry are posed.