Transaction attributes and adoption of hybrid governance in the Brazilian cattle market.

A transaction cost economics framework was used to test hypotheses on the alignment of transaction attributes and governance structures using data from a sample of 84 beef cattle farms in Brazil. A bivariate logit model was employed. It was found that the adoption of traceability and its certificati...

Descripción completa

Detalles Bibliográficos
Autores: VINHOLIS, M. de M. B., SOUZA FILHO, H. M. de, CARRER, M. J., CHADDAD, F. R.
Tipo de recurso: artículo
Estado:Versión publicada
Fecha de publicación:2014
País:Brasil
Institución:Empresa Brasileira de Pesquisa Agropecuária (Embrapa)
Repositorio:Repositório Institucional da EMBRAPA (Repository Open Access to Scientific Information from EMBRAPA - Alice)
Idioma:inglés
OAI Identifier:oai:www.alice.cnptia.embrapa.br:doc/1001324
Acceso en línea:http://www.alice.cnptia.embrapa.br/alice/handle/doc/1001324
https://doi.org/10.3920/JCNS2014.0239
Access Level:acceso abierto
Palabra clave:Contracts
Transaction cost economics
livestock
Descripción
Sumario:A transaction cost economics framework was used to test hypotheses on the alignment of transaction attributes and governance structures using data from a sample of 84 beef cattle farms in Brazil. A bivariate logit model was employed. It was found that the adoption of traceability and its certification and highly capital-intensive production systems, used here as proxies for asset specificity, plays a positive role in the choice of hybrid forms of governance.