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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| 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 |
| 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. |
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