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Nouvelle publication : Jean Beuve et Stéphane Saussier, 2012, Interfirm cooperation in strategic relationships: the role of formal contract


Posted on 10 August 2012

Industrial and Corporate Change, 2012, Vol 21 (4), 811-836

In this article, we use a large database of more than 3700 interfirm relationships in force between French firms in 2003 to study the way they achieve cooperation. We find that cooperation is enhanced by a partner's reputation. Our results also suggest that while formal contracts have a direct negative impact on ex-post cooperation, they are an enhancing factor of cooperative behaviors as soon as the intrinsic hazards of the relationship require higher ex-ante contractual safeguards to secure agreements.

http://icc.oxfordjournals.org/content/21/4/811.abstract

 


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