The paper considers the relationship between trust and governance structure from a Transaction Cost Economics perspective. The role of trust in the coordinating decisions is variously conceptualized according to the theoretical view adopted by the scholars. The present study adopt the three-level schema introduced by Williamson (1996) and suggest that determinants of trust may operate both at institutional and governance structure level. The analytical framework depicted maintains that trust may determine a reduction of ex post transaction cost in the adaptation of hybrid structure. As a consequence trust appears to be able to extend the range of existence of the hybrids. The empirical part of the study is dedicated to a case study which illustrates the emerging of conditional trust (Fritz et al., 2008) and the role of trust in the adaptation process.
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出版者
CentMA (http://www.centma.org)
其它主题
Contractual relationship; Hybrid; Conditional trust
语言
英语
格式
application/pdf
类型
Journal Article; Journal Part
来源
International Journal on Food System Dynamics; Vol 1, No 4 (2010); 305-317, 1869-6945
2025-07-17
2026-02-03
Dublin Core