Author : Gilbert Aryee
A review of the literature on inter-organisational relationships is undertaken with the issue of trust and organisational culture setting the boundaries to this inquiry. The reason why business relationships or alliances are formed are first put forward in the shape of forms of collaboration. Theories on intercompany relationships are examined to see which ones deal with trusts and culture and their associated elements.
Transaction Cost Economics, Network Theory, and Agency Theory are examples of theories selected for their relevance to the paper. Organisational culture is initially discussed. Following that, trust in its various forms, antecedents, limits, failure, measures, and impact on collaboration is presented.
Empirical work previously carried out with industrial partners from the steel sector in the UK, is then applied to the results of the literature review. The results show that trust is a major issue in business collaborations. The limits set for trust in these business relationships were found to be instrumental in sustaining the form of collaboration that the business relation was created to fulfil.
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Hello. As co-chairman, I would like to start the session with a question to your paper. I noted your case study with great interest. I would appreciate very much if you elaborate in the case of Steel supply chain, what form of collaboration (as indicated in Table 1) and which theories on inter-company relationships that best fit what is found in the case study (if there is one).
Thank you.