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Transaction Costs, Property Rights, and Organizational Culture: An Exchange Perspective
Gareth R. Jones
Administrative Science Quarterly
Vol. 28, No. 3, Organizational Culture (Sep., 1983), pp. 454-467
Published by: Sage Publications, Inc. on behalf of the Johnson Graduate School of Management, Cornell University
Stable URL: http://www.jstor.org/stable/2392252
Page Count: 14
You can always find the topics here!Topics: Property rights, Transaction costs, Cultural values, Organizational culture, Capital costs, Commercial production, Economic costs, Economic regulation, Production costs, Contracts
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Using the language of exchange theory, this paper analyzes how organizational culture emerges out of the institutional arrangements developed to regulate the exchanges or transactions between members of a social group. From an analysis of the costs of social exchange, the etiology of these institutional arrangements is traced, their characteristics are defined, and three ideal-typical cultural forms are discussed.
Administrative Science Quarterly © 1983 Johnson Graduate School of Management, Cornell University