Firm size, contractual problems and organizational decision-making: logistics for perishable goods

Autores UPV
Año
CONGRESO Firm size, contractual problems and organizational decision-making: logistics for perishable goods

Abstract

This paper considers the formalization of contracts as a safeguard mechanism in outsourcing logistics arrangements in the perishable food industry, examining the relationship of this with specificity, uncertainty and firm size. The analysis of a sample of 55 outsourcing agreements confirms that these exchanges are characterized by the presence of positive transaction costs, arising from the presence of contractual problems such as investment in specific assets and information asymmetries. Empirical testing in the form of multiple discriminant analysis found significant relationships between the type of contract and the size of the food company involved, pointing to the existence of asymmetric relationships determined by market power.