The applicability of transaction costs economics to vertical integration decision: evidences from a brazilian beef processor

This article aims to explore the vertical integration decision of a beef processor from an integrated approach operations strategy and transaction costs economic theory. In this research, vertical integration as a structural decision of operations strategy determined by the occurrence of transaction...

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Detalles Bibliográficos
Autor: Vieira, Luciana Marques
Tipo de recurso: artículo
Estado:Versión publicada
Fecha de publicación:2011
País:Brasil
Institución:Universidade Federal de Lavras (UFLA)
Repositorio:Organizações Rurais & Agroindustriais (Online)
Idioma:portugués
OAI Identifier:oai:www.revista.dae.ufla.br:article/68
Acceso en línea:https://www.revista.dae.ufla.br/index.php/ora/article/view/68
Access Level:acceso abierto
Palabra clave:vertical integration
operations strategy
transaction costs economics
integração vertical
estratégia de operações
teoria dos custos de transação
Descripción
Sumario:This article aims to explore the vertical integration decision of a beef processor from an integrated approach operations strategy and transaction costs economic theory. In this research, vertical integration as a structural decision of operations strategy determined by the occurrence of transaction costs. The paper presents one case study carried out in one beef Processor Company which illustrates the main theoretical assumptions. The results suggest that transaction costs economics helps to identify key points of major strategic decisions on vertical integration due to its behavioural perspective, reducing the effect of uncertainty and asset specificity of this decision. At the end of the paper, future research is suggested.