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The Role of Ownership in Managing Interfirm Opportunism: A Dyadic Study

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dc.contributor.authorBrown, James R.
dc.contributor.authorKrishen, Anjala S.
dc.contributor.authorDev, Chekitan
dc.date.accessioned2020-09-12T21:14:18Z
dc.date.available2020-09-12T21:14:18Z
dc.date.issued2014-01-01
dc.description.abstractWe extend research on transaction cost theory that shows that vertical integration enables firms to protect their investments in exchange relationships better than market mechanisms. However, extant research finds ownership to exacerbate, rather than limit, exchange partner opportunism. Hence, the purpose of this study is to investigate conditions under which ownership can be effective for constraining an exchange partner’s opportunism. Using matched dyadic data for 296 hotel brands, we conduct multi-level hierarchical linear modeling and identify conditions under which common ownership limits hotel opportunism. Findings indicate that ownership can limit hotel opportunism when brand headquarters can easily monitor the hotel’s activities.
dc.description.legacydownloadsDev13_Role_of_ownership.pdf: 46 downloads, before Aug. 1, 2020.
dc.identifier.other12148525
dc.identifier.urihttps://hdl.handle.net/1813/72462
dc.language.isoen_US
dc.relation.doihttps://doi.org/10.1080/1046669X.2013.831014
dc.rightsRequired Publisher Statement: © Taylor & Francis. Final version published as: Brown, J. R., Krishen, A. S., & Dev, C. S. (2014). The role of ownership in managing interfirm opportunism: A dyadic study. Journal of Marketing Channels, 21, 31-42. doi: 10.1080/1046669X.2013.831014 Reprinted with permission. All rights reserved.
dc.subjectCanada
dc.subjecthierarchical linear modeling
dc.subjectinterfirm relations
dc.subjectopportunism
dc.subjectownership
dc.subjecttransaction cost theory
dc.subjectUnited States
dc.titleThe Role of Ownership in Managing Interfirm Opportunism: A Dyadic Study
dc.typearticle
local.authorAffiliationBrown, James R.: West Virginia University
local.authorAffiliationKrishen, Anjala S.: University of Nevada, Las Vegas
local.authorAffiliationDev, Chekitan: csd5@cornell.edu Cornell University School of Hotel Administration

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