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政大典藏 > College of Commerce > Department of Business Administation > Periodical Articles > Item 140.119/82571

Please use this identifier to cite or link to this item: https://nccur.lib.nccu.edu.tw/handle/140.119/82571

Title:	Why Does Loyalty-Cooperation Behavior Vary over Buyer-Seller Relationship?
Authors:	巫立宇 Wu, Lei-Yu;Chen, Po-Yuan;Chen, Kuan-Yang
Contributors:	企管系
Keywords:	Specific asset investment;Transaction cost economics;Relationship quality;Loyalty–cooperation behavior
Date:	2015-11
Issue Date:	2016-03-11 16:51:44 (UTC+8)
Abstract:	This study argues that a favorable relationship (with trust and commitment) existing between two parties might not necessarily guarantee that subsequent transactions or partnerships can be stabilized. Each party in a relationship is required to conduct specific investments on behalf of the other to prevent discontinued trading or transaction relationships. Hence, this study combines relationship marketing and specific asset investment concepts within the transaction cost theory to investigate the relationship between inter-firm trust and commitment and loyalty and cooperation. By focusing on listed and over-the-counter-traded companies in Taiwan of industries that possess complete supply chains, this study collects 153 effective surveys for empirical analysis. The results show that commitment is more important than trust in a business-to-business (B2B) relationship for increasing the willingness of business customers and/or partners to participate in specific asset investments, thus increasing their loyalty and cooperation in the B2B relationship.
Relation:	Journal of Business Research, Vol.68, No.11, pp.2322-2329
Data Type:	article
DOI link:	http://dx.doi.org/10.1016/j.jbusres.2015.04.001
DOI:	10.1016/j.jbusres.2015.04.001
Appears in Collections:	[Department of Business Administation] Periodical Articles

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