Accounting in Networks: The Transaction Cost Economics Perspective
ACCOUNTING IN NETWORKS, Ch. 10, Håkansson, H., Kraus, K. & Lind, J., eds., Routledge, 2010
55 Pages Posted: 17 Mar 2009 Last revised: 3 Aug 2015
Date Written: March 16, 2009
In this chapter, we review the use of TCE in the study of interfirm relationships. An extensive literature in economics and business strategy delves into interfirm governance choices. In our review, we focus on accounting and non-accounting studies to assess how TCE has contributed and can further contribute to the understanding of accounting and control in interfirm settings. We structure this discussion according to the different stages of interfirm relationships and highlight, for each stage, the importance of accounting and management control.
Keywords: Interfirm networks, management accounting, transaction cost economics
JEL Classification: D23, G34, L14, L22, M40, M41, M46
Suggested Citation: Suggested Citation