THE DETERMINANTS OF FAMILY FIRMS SUBCONTRACTING: A TRANSACTION COST PERSPECTIVE Esra Memili Department of counseling & training Systems multiple sclerosis State University Mississippi State, MS 39762-9581 662-325-3237 em153@msstate.edu pack J. Chrisman Department of focussing & Information Systems Mississippi State University Mississippi State, MS 39762-9581 662-325-1991 jchrisman@cobilan.msstate.edu and Centre for Entrepreneurship and Family Enterprise University of Alberta Franz W. Kellermanns Department of counselling & Information Systems Mississippi State University Mississippi St, MS 39762-9581 (662) 325-2613 fkellermanns@cobilan.msstate.edu Erick P.C. Chang Department of Management and Marketing, P.O. Box 59 Arkansas State University State University, AR 72467 870-972-3430 echang@astate.edu
An earlier conceptual version of this paper, without data, was presented at the 2008 Academy of Management meeting.
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THE DETERMINANTS OF FAMILY FIRMS SUBCONTRACTING: A TRANSACTION COST PERSPECTIVE ABSTRACT exploit cost system in family firms remains under exploreed and studies have non yet linked elements of transaction cost theory with the constitution decisions of family firms.
In this paper, we compare the governance choices of family and nonfamily firms regarding their outsourcing tendencies. We argue that family firms and nonfamily firms differ in subcontracting decisions. We build on transaction cost theory to violate and test a model explaining how subcontractors with kinship ties, importance of business enterprise activities, and cost concern affect subcontracting in family firms. Our empirical results leave alone evidence nearly these determinants. We conclude by discussing further research implications.
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EXECUTIVE SUMMARY This paper uses transaction cost theory as the theoretical basis to study governance decisions about subcontracting in family firms....If you want to get a full essay, recount it on our website: Ordercustompaper.com
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