IDEAS home Printed from https://ideas.repec.org/h/spr/recchp/978-3-031-71608-9_4.html
   My bibliography  Save this book chapter

Relational Cost and Organisational Governance

In: Towards a Relational Theory of the Firm

Author

Listed:
  • Josef Wieland

    (Zeppelin University)

Abstract

The answer to the question about the nature of the firm is reflected in relation to the economic cost concept of a theory of the firm. In a relational theory of the firm, the concept of relational costs is therefore of fundamental importance. These costs ultimately determine the achievable cooperation corridor of a firm and, consequently, its potential cooperation rents. They reflect the willingness and ability of all involved stakeholders to cooperate. Hence, the organisational and individual learning processes of an organisation and its strategic management are essential. This enables the distinction of the key dimensions of the relational cost concept.

Suggested Citation

  • Josef Wieland, 2024. "Relational Cost and Organisational Governance," Relational Economics and Organization Governance, in: Towards a Relational Theory of the Firm, chapter 0, pages 51-73, Springer.
    • Handle: RePEc:spr:recchp:978-3-031-71608-9_4
    DOI: 10.1007/978-3-031-71608-9_4
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:recchp:978-3-031-71608-9_4. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.