Supply chain relations towards a car engine company: a study from a transaction cost perspective
DOI:
https://doi.org/10.5380/re.v34i1.11552Keywords:
supply chains, Transaction Cost Economics, automotive industry, cadeias de suprimentos, Economia de Custos de Transação, Indústria automobilísticaAbstract
This paper aims at shedding light to the “automaker–supplier”
relationships taking place inside a supply chain belonging to the Brazilian automotive
industry, based on the Transaction Cost Economics assumptions and variables.
Transaction Cost Economics has proven to be an important theoretical basis for
studies on chains, being used to assess the quality and richness of the relationships;
to consider the impacts of organizational choices in performing an activity inside the
company, in the market or through hybrid forms; among others. The main results
show that (1) the engine manufacturers use a hybrid form of relationship with
their suppliers, which alternates from cooperation to “latent competition”, (2) deverticalization
directly affects both transaction parties, and (3) the relation between
asset specificity and opportunistic behavior is mediated by issues like transaction volume and maximization of return on previous investments.
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