Verbeke, Alain; Kano, Liena - In: Asia Pacific Journal of Management 30 (2013) 2, pp. 409-431
Trading favors is a pervasive business practice, especially in emerging economies. To date, a range of theories has been utilized to explore trading favors, but most extant studies focus especially on negative aspects of favors (e.g., corruption and bribery). We adopt transaction cost economics...