Purpose – Since equity markets have a dynamic nature, the purpose of this paper is to investigate the performance of a revision procedure for domestic and international portfolios, and provides an empirical selection strategy for optimal diversification from an American investor's point of...

Purpose The purpose of this paper is to better understand the constraints related to developing small-scale public-private partnerships (PPPs) and how to reduce them. Design/methodology/approach The paper provides a general review of the characteristics of small-scale PPPs and identifies...

Purpose – This paper examines two co‐manufacturing relationships, which were efficient with the aim of understanding why they were not value maximising. Design/methodology/approach – The paper utilises a methodology designed by Wilding and Humphries and based on Williamson's organisation...

Information technology is changing the nature of logistics organization. It is reducing the cost of transactions and redefining organizations and their interconnections. This paper examines the impact through the concept of transaction costs. This leads to discussion of current trends toward...

Purpose – The purpose of this paper is to examine the strategic technology outsourcing of corporate ventures from an integrated perspective. Design/methodology/approach – The proposed model argues that technology sourcing modes are jointly determined by the technological regime,...

Purpose – The purpose of this paper is to shed light on the governance choices of firms operating in the electricity distribution network operation activities. The study aims to consider both costs and benefits of different governance choices and to examine which of the activities could be...

The investment climate and operational performance for the Canadian hotel industry, as highlighted in this research note, are quite robust in contrast to the USA. Supply in most markets is not chasing demand, which has shown considerable constancy given events that have blindsided the industry...

Purpose – To apply Williamson's six dimensional typology of asset specificity as a theoretical framework for appraising the nature of outsourcing activities in hotels. Design/methodology/approach – Interviews with senior managers in large hotels. Findings – Site specificity and brand...

Transaction cost economics is an important anchor for analyzing a wide range of economic and organizational issues and is complemented by various theories, resulting in a perception shift of transaction governance structure from a polar classification toward a continuum (John & Reve, 1982; Heide &...

Purpose – The purpose of this paper is to address the intersection between supply chain coordination and information technology (IT) by building on transaction cost analysis. Literature frequently predicts that the application of IT reduces transaction costs. Often, no real explanation is...