Transaction costs and competitive tendering in public procurement: Moderating role of integrity
نویسندگان
چکیده
While the current economic crisis clearly puts pressure on governments to cut spending and save money, whilst call for a more cohesive interface between public private sectors is currently resonating, procurement has been marred by scandals, mismanagement, possibly malpractices. According literature, corporate integrity drives transactional behaviors acting as hidden hand of social factors that are frequently beyond an individual's control. But scantly studied, behavioral control mechanism in transaction costs. This paper studies moderating effect relationship costs’ dimensions competitive tendering procurement. Following literature review, takes conceptual framework towards developing evidence cascaded dimensions, bounded rationality opportunism. Formal research propositions amplify both concepts its with independent variable dependent variables. The results based empirical data collected from self-administrative survey practitioners Tanzania. Descriptive Hierarchical regression reveals practitioners’ perceived costs negatively when related moderated integrity. means, can moderate practitioner which, turn, accelerates efficiency reducing Key words: Transaction costs, tendering, integrity,
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ژورنال
عنوان ژورنال: African Journal of Business Management
سال: 2022
ISSN: ['1993-8233']
DOI: https://doi.org/10.5897/ajbm2021.9235