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Discussing the Role of Trust in Behavioral Assumptions of Transaction Cost Theory

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dc.contributor.author Kalemci, Rabia Arzu
dc.date.accessioned 2024-03-06T12:23:14Z
dc.date.available 2024-03-06T12:23:14Z
dc.date.issued 2013-11
dc.identifier.citation Kalemci, Rabia Arzu. (2013). "Discussing the Role of Trust in Behavioral Assumptions of Transaction Cost Theory", İş Ahlakı Dergisi, Vol.6, No.2, pp.72-83. tr_TR
dc.identifier.uri http://hdl.handle.net/20.500.12416/7508
dc.description.abstract In its attempts to explain organizations based on their economical approach, transaction cost theory has a unique position among all organizational theories since it derives its assumptions from human behaviors. The basic behavioral assumptions of transaction cost theory are “opportunism” and “bounded rationality.” Transaction cost theory includes a selection of governance mechanisms whose goal is to minimize transaction costs based on the aforementioned behavioral assumptions. This study discusses the notion that not only is “trust” one of the most important aspects of work ethics, but that it is also disregarded by the abovementioned governance mechanisms of transaction cost theory. This study also underlines the importance of building an environment of trust in an organization rather than selecting governance mechanisms under an “opportunist” and “bounded rational” paradigm, as is currently the case in transaction cost theory. tr_TR
dc.language.iso eng tr_TR
dc.relation.isversionof 10.12711/tjbe.2013.6.2.0122 tr_TR
dc.rights info:eu-repo/semantics/closedAccess tr_TR
dc.subject Opportunism tr_TR
dc.subject Trust tr_TR
dc.subject Business Ethics tr_TR
dc.subject Transaction Cost Theory tr_TR
dc.subject Bounded Rationality tr_TR
dc.title Discussing the Role of Trust in Behavioral Assumptions of Transaction Cost Theory tr_TR
dc.type article tr_TR
dc.relation.journal İş Ahlakı Dergisi tr_TR
dc.contributor.authorID 42537 tr_TR
dc.identifier.volume 6 tr_TR
dc.identifier.issue 2 tr_TR
dc.identifier.startpage 72 tr_TR
dc.identifier.endpage 83 tr_TR
dc.contributor.department Çankaya Üniversitesi, İktisadi ve İdari Bilimler Fakültesi, İşletme Bölümü tr_TR


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