2013
DOI: 10.1057/abm.2013.14
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Asset specificity, IJV performance and the moderating effect of trust: Evidence from China

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Cited by 13 publications
(10 citation statements)
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References 85 publications
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“…Past research has argued that when market and hierarchy govern a transaction relationship imperfectly, trust become a useful mechanism for lubricating the transaction (Ouchi, 1980;Coleman, 1990). Trust, a decision to rely on another party under the condition of risk (Currall and Inkpen, 2002), is a powerful coordination mechanism that complements market and hierarchy (Uzzi, 1996(Uzzi, , 1997Adler, 2001;Hall and Soskice, 2001;Hödl and Puck, 2014). It can be generated from three sources: direct interpersonal contact, a reputation gained from other trusted actors in the network, and institutions that shape others' behavior (Coleman, 1990;Adler, 2001).…”
Section: Trust Institutions and Corruptionmentioning
confidence: 99%
“…Past research has argued that when market and hierarchy govern a transaction relationship imperfectly, trust become a useful mechanism for lubricating the transaction (Ouchi, 1980;Coleman, 1990). Trust, a decision to rely on another party under the condition of risk (Currall and Inkpen, 2002), is a powerful coordination mechanism that complements market and hierarchy (Uzzi, 1996(Uzzi, , 1997Adler, 2001;Hall and Soskice, 2001;Hödl and Puck, 2014). It can be generated from three sources: direct interpersonal contact, a reputation gained from other trusted actors in the network, and institutions that shape others' behavior (Coleman, 1990;Adler, 2001).…”
Section: Trust Institutions and Corruptionmentioning
confidence: 99%
“…As the starting point for sourcers and sourcees, building swift trust and eliminating scepticism about opportunism is essential. Control mechanisms can reduce the threat of opportunism and governance costs (Hödl & Puck, 2014), so CIs should establish formal control mechanisms to develop swift trust in the Internet environment. Our case study shows that the CI failed to provide the necessary formal control mechanisms to promote swift trust.…”
Section: Formal Control Mechanisms and Swift Trustmentioning
confidence: 99%
“…When a partner perceived to be engaging in a rightful (nonopportunistic) behaviour for a mutually beneficial long-term relationship, this will lead to a positive response by the other partner through higher level of trust in their dealings. Ultimately, a trust in partner helps not only to reduce the risk of opportunistic behaviour (Hödl & Puck, 2014) (Madhok, 2006), but also reduces cost-relating factors in dealing with the likelihood of opportunism (Dyer, 1997).…”
Section: Non-opportunistic Behaviourmentioning
confidence: 99%