Conceptions of property rights and norms

Yonai, Derek K.

doi:10.1007/s10602-007-9021-5

Cited by 2 publications

(1 citation statement)

References 14 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…Sustainability not only expands performance ambiguity of the inter-organizational dyad but also increases performance ambiguity throughout the product lifecycle system in supply chains. However, received TCE theory is the framework in which to define, monitor, and enforce contracts [6,7]. This is a profound reasoning behind mainstream management theory, economic exchange, and strategic change.…”

Section: Sustainable Managementmentioning

confidence: 99%

From Linear to Circular Economy: a Transaction Cost Approach to the Ecological Transformation of the Firm

Nygaard

2022

Circ.Econ.Sust.

View full text Add to dashboard Cite

Ownership and control have been the strategic focus of organizational analyses to achieve performance. The emergence of sustainable strategies has, however, confronted conventional organizational theory because performance has become a complex concept containing both social elements and environmental dimensions together with conventional economic aspects. Increased climate change, temperature risk, and environmental hazards, as well as intertwined social consequences, create a need for new theoretical insights to understand the emerging circular organization of product lifecycle networks. The ongoing climate crisis calls for new institutional approach that challenges future organizational structures. We present a framework for integrating low-carbon ecological transformation from linear to sustainable circular inter-organizational networks. The global and circular economy increases performance ambiguity, the uncertainty of eco-opportunism, information asymmetry, and transaction costs. Consequently, sustainability makes it necessary to integrate and control organizations throughout the supply chain to avoid eco-opportunism and to economize transaction costs.

show abstract

Section: Sustainable Managementmentioning

confidence: 99%

From Linear to Circular Economy: a Transaction Cost Approach to the Ecological Transformation of the Firm

Nygaard

2022

Circ.Econ.Sust.

View full text Add to dashboard Cite

show abstract

From Linear to Circular Economy: A Transaction Cost Approach to the Ecological Transformation of the Firm

Nygaard

2022

SSRN Journal

View full text Add to dashboard Cite

Conceptions of property rights and norms

Abstract: Property rights, Social norms, Law and economics, Legal history, K00, K11,

Cited by 2 publications

References 14 publications

From Linear to Circular Economy: a Transaction Cost Approach to the Ecological Transformation of the Firm

From Linear to Circular Economy: a Transaction Cost Approach to the Ecological Transformation of the Firm

From Linear to Circular Economy: A Transaction Cost Approach to the Ecological Transformation of the Firm

Contact Info

Product

Resources

About