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Cost Perspective (cost + perspective)

Distribution by Scientific Domains
Business, Economics, Finance and Accounting80%

Kinds of Cost Perspective

  • transaction cost perspective
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    Selected Abstracts

    SME Entry Mode Choice and Performance: A Transaction Cost Perspective

    ENTREPRENEURSHIP THEORY AND PRACTICE, Issue 3 2004
    Keith D. Brouthers
    Although small and medium sized enterprises (SMEs) account for a significant portion of international trade, little is know about how they make international entry mode decisions. Transaction cost theory has been widely used to study entry mode selection for large firms. Here we apply the theory to SME mode choices. Further, we set out to determine if SME transaction cost mode choices provide superior performance to other mode choices. We found that transaction cost theory did a good job of explaining SME mode choice and that SMEs that used transaction cost,predicted mode choices performed significantly better than firms using other modes. [source]

    Metal-Free, Selective Alkane Functionalizations

    ADVANCED SYNTHESIS & CATALYSIS (PREVIOUSLY: JOURNAL FUER PRAKTISCHE CHEMIE), Issue 9-10 2003
    Andrey
    Abstract The present overview of alkane functionalization reactions presents comparisons between radical and metal-initiated (sometimes metal-catalyzed) methodologies. While metal-catalyzed processes are excellent approaches to this problem, metal-free alternatives are equally if not, at least from an environmental and cost perspective, more useful. This conclusion is supported by the fact that many so-called metal-catalyzed reactions also work without the metal present, and the large variety of metals showing the same product distributions emphasizes that the metal often just aids in the generation of the active species, i.e., the metal itself is not participating in the crucial CH activation step. Highly selective alkane functionalization reactions such as those derived from nitroxyl and related radicals as well as through radical reactions conducted in phase-transfer catalyzed systems are available but generally underutilized. These systems, in contrast to typical metal-catalyzed approaches, are also applicable to highly strained alkanes and offer the highest 3°/2° CH selectivities reported to date in a radical reaction. The article closes with representative experimental protocols for the PTC bromination of cubane as an example of the applicability of this method to strained hydrocarbons and the direct iodination of cyclohexane as well as adamantane as typical alkanes bearing secondary and tertiary CH bonds. [source]

    A transaction cost perspective on why, how, and when cash impacts firm performance

    MANAGERIAL AND DECISION ECONOMICS, Issue 7 2009
    Jonathan P. O'Brien
    While both financial and behavioral theories suggest that cash holdings may be beneficial to R&D-intensive firms, agency theory would suggest that strong monitoring may be needed to ensure that cash holdings are not squandered. We contend that transaction cost economics provides a valuable lens for understanding the performance implications of cash holdings because not only does it explicate the benefits and costs of cash holdings in a single unified theoretical framework, but it further clarifies how environmental uncertainty critically moderates these relationships. Empirical tests on a large sample of US corporations yield strong support for our theory. Copyright © 2009 John Wiley & Sons, Ltd. [source]

    Strategic Alliance Outcomes: a Transaction-Cost Economics Perspective

    BRITISH JOURNAL OF MANAGEMENT, Issue 1 2006
    William Q. Judge
    Empirical research on strategic alliances has been limited because previous studies examined alliance outcomes, and the factors associated with them, from a single partner in a manufacturing alliance. Furthermore, many of these studies have been done from a transaction cost perspective and researchers have inferred opportunistic behavior, rather than directly measuring it and observing its actual relationship with alliance performance. Building on previous transaction cost theory and research, this study seeks to address these gaps by analyzing factors associated with both opportunistic behavior and alliance performance within a major service sector, namely the US healthcare industry. After controlling for asset specificity and alliance age, we found that partner trustworthiness and contractual safeguards were negatively related to opportunistic behavior. Furthermore, opportunistic behavior was negatively related to alliance performance, as hypothesized. Interestingly, mutual equity investments were found to be unrelated to opportunistic behavior, counter to transaction-cost logic. These findings refine and extend the transaction-cost economics perspective regarding our understanding of strategic alliance behavior and outcomes, and offer executives in service-based industries some practical ideas for assuring favorable strategic alliance outcomes. [source]

    Schumpeterian Dynamics Versus Williamsonian Considerations: A Test of Export Intermediary Performance

    JOURNAL OF MANAGEMENT STUDIES, Issue 2 2000
    Mike W. Peng
    Using a sample of export intermediaries connecting domestic producers and foreign buyers, the study tests competing hypotheses on firm performance derived from the Austrian and transaction cost perspectives. Specifically, the Austrian perspective suggests that the more distant the export market and the more complex the product that the intermediary specializes in, the better its performance. Transaction cost theory, on the other hand, offers conflicting predictions. Our results indicate that these two theories are complementary to each other, and a contingency framework is proposed and discussed. [source]