The Study of Control Mechanisms in Business Transaction Relationships

We will reviews the agency theory and transaction cost analysis to clear the boundary between ex ante control and ex post control. And the firms usually adopted multiple control approach, so we will focus on the interaction among control mechanisms.

The empirical test was evidenced the hypothesis by survey data. The contribution of this paper focus is on (1) which discriminates the antecedents of the different control strategies, (2) explores the interaction among them, and (3) which builds an useful control strategic framework in business relationships.