THE MEDIATED EFFECT OF FORMAL AND INFORMAL CONTROL ON GOVERNANCE FORMS
Fuente:
Redalyc
Enregistré dans:
| Auteur principal: | |
|---|---|
| Format: | Artículo científico |
| Langue: | en |
| Publié: |
Fundação Getulio Vargas
2016
|
| Sujets: | |
| Accès en ligne: | |
| Tags: |
Ajouter un tag
Pas de tags, Soyez le premier à ajouter un tag!
|
| _version_ | 1876442983817019392 |
|---|---|
| author | NURIA RODRÍGUEZ-LÓPEZ |
| author_facet | NURIA RODRÍGUEZ-LÓPEZ |
| contents | THE MEDIATED EFFECT OF FORMAL AND INFORMAL CONTROL ON GOVERNANCE FORMS NURIA RODRÍGUEZ-LÓPEZ M. EVA DIZ-COMESAÑA Administración y Contabilidad integration formal control Governance forms informal control transaction characteristics The present paper employs the perspective of Transaction Cost Economics (TCE) to analyze the relevance of formal and informal controls in selecting the governance form. The evidence supports the influence of frequency, information sharing and relation-specific investments as a cause of control mechanisms, and the effect of these factors on the choice of the governance form, but there is no evidence about the combined interaction between these variables. The present work proposes that there is a mediation effect of formal and informal norms on the relationship between the TCE variables (frequency, infor - mation asymmetry and relation-specific investments) and the governance form. We applied Structural Equation Modelling to companies in the telecommunications sector in Spain. Our results confirm the opposite effect of formal and informal controls on the selection of governance forms and the mediation effect of these mechanisms of control on the selection of the governance form. 2016 artículo científico 0034-7590 https://www.redalyc.org/articulo.oa?id=155148577006 en http://www.redalyc.org/revista.oa?id=1551 RAE - Revista de Administração de Empresas application/pdf Fundação Getulio Vargas RAE - Revista de Administração de Empresas (Brasil) Num.6 Vol.56 |
| format | Artículo científico |
| id | redalyc_155148577006 |
| institution | Redalyc |
| language | en |
| publishDate | 2016 |
| publisher | Fundação Getulio Vargas |
| spellingShingle | THE MEDIATED EFFECT OF FORMAL AND INFORMAL CONTROL ON GOVERNANCE FORMS NURIA RODRÍGUEZ-LÓPEZ Administración y Contabilidad integration formal control Governance forms informal control transaction characteristics THE MEDIATED EFFECT OF FORMAL AND INFORMAL CONTROL ON GOVERNANCE FORMS NURIA RODRÍGUEZ-LÓPEZ M. EVA DIZ-COMESAÑA Administración y Contabilidad integration formal control Governance forms informal control transaction characteristics The present paper employs the perspective of Transaction Cost Economics (TCE) to analyze the relevance of formal and informal controls in selecting the governance form. The evidence supports the influence of frequency, information sharing and relation-specific investments as a cause of control mechanisms, and the effect of these factors on the choice of the governance form, but there is no evidence about the combined interaction between these variables. The present work proposes that there is a mediation effect of formal and informal norms on the relationship between the TCE variables (frequency, infor - mation asymmetry and relation-specific investments) and the governance form. We applied Structural Equation Modelling to companies in the telecommunications sector in Spain. Our results confirm the opposite effect of formal and informal controls on the selection of governance forms and the mediation effect of these mechanisms of control on the selection of the governance form. 2016 artículo científico 0034-7590 https://www.redalyc.org/articulo.oa?id=155148577006 en http://www.redalyc.org/revista.oa?id=1551 RAE - Revista de Administração de Empresas application/pdf Fundação Getulio Vargas RAE - Revista de Administração de Empresas (Brasil) Num.6 Vol.56 |
| title | THE MEDIATED EFFECT OF FORMAL AND INFORMAL CONTROL ON GOVERNANCE FORMS |
| topic | Administración y Contabilidad integration formal control Governance forms informal control transaction characteristics |
| url | https://www.redalyc.org/articulo.oa?id=155148577006 |