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Trust and Transaction Cost in Supply Chain Cost Optimization: An Exploratory Study

Trust and Transaction Cost in Supply Chain Cost Optimization: An Exploratory Study
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Author(s): Ik-Whan G. Kwon (St. Louis University, USA), John H. Hamilton (St. Louis University, USA) and Seock-Jin Hong (Bordeaux School of Management, France)
Copyright: 2012
Pages: 13
Source title: Inter-Organizational Information Systems and Business Management: Theories for Researchers
Source Author(s)/Editor(s): Kishor Vaidya (University of Canberra, Australia & Southern Queensland University, Australia)
DOI: 10.4018/978-1-60960-768-5.ch005

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Abstract

This chapter describes the relationship between trust and transaction cost in supply chain operations. Empirical findings from several research studies on trust and transaction cost in supply chain operations will be presented in support of the argument for managing transaction cost in supply chain management. A suggested future research agenda on this topic is also provided.

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