Abstract
Drawing on transaction cost theory, this study explores the different effects of the safeguarding function of contracts, operationalized as contract monitoring, and the coordinating function of contracts, operationalized as interfirm joint action, on the distributor’s active versus passive opportunistic behaviors in the context of manufacturer-distributor channel relationship. By analyzing the data collected from 512 manufacturers, we find that, first, contract monitoring inhibits distributor’s active opportunistic behavior, but it does not have significant impact on the distributor’s passive opportunistic behavior. Second, joint action deters the distributor’s passive opportunistic behavior, but it does not have significant influence on the distributor’s active opportunistic behavior. Third, both the distributor’s active and passive opportunistic behaviors negatively influence the cooperation performance. Fourth, the distributor’s active opportunistic behavior mediates the positive relationship between contract monitoring and cooperation performance; the distributor’s passive opportunistic behavior mediates the positive relationship between joint action and cooperation performance.
| Translated title of the contribution | Different Effects of the Dual-function of Contracts on Active versus Passive Opportunism in a Channel Cooperation Context |
|---|---|
| Original language | Chinese (Simplified) |
| Pages (from-to) | 33-44 |
| Journal | 商业经济与管理 |
| Issue number | 9 (总第 347 期) |
| DOIs | |
| Publication status | Published - Sept 2020 |
Research Keywords
- 主动投机行为
- 被动投机行为
- 合同监督
- 企业间联合行动
- 合作绩效
- active opportunistic behavior
- passive opportunistic behavior
- contract monitorting
- joint action
- performance
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