The Mediating Effect of Formal Contractual Controls in the Relationship Between Experience and Contract Design

Ravindran, K and Susarla, A and Krishnan, R and Mani, D (2015) The Mediating Effect of Formal Contractual Controls in the Relationship Between Experience and Contract Design. In: Achieving Success and Innovation in Global Sourcing: Perspectives and Practices.

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Abstract

An underlying assumption in the literature on inter-firm contracting has been that relational governance is better than formal controls at mitigating contractual hazards. If formal controls are at best inadequate and at worst useless, then it are hard to reconcile the practical observation that most firms continue to write detailed contracts that include a rich set of formal controls.

Item Type: Conference or Workshop Item (Lecture)
Subjects: Business Analytics
Business and Management
Date Deposited: 11 Oct 2018 09:18
Last Modified: 11 Oct 2018 09:18
URI: https://eprints.exchange.isb.edu/id/eprint/617

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