Purpose Exporting firms are concerned with which foreign country to select and the performance consequences of this international market selection (IMS) decision. On the basis of transaction cost analysis (TCA), this paper proposes a conceptual framework that hypothesizes the relationship between transaction cost factors, IMS and export performance. Design/methodology/approach We test the propo...

This paper presents the results of research conducted to identify factors that influence decisions company management outsource accounting services. A transaction cost economics (TCE) model was used analyse high levels outsourcing tasks in case Montenegro, where, based on our sample, 75.4% companies enter arrangements with bookkeeping agencies or external accountants. With an adaptation Interna...

In this paper we analyse the e ect of a cuto transaction size in a simple newsboy setting. It is assumed that customers with an order larger than a prespeci ed size are satis ed in an alternative way, against additional cost. For compound Poisson demand with discrete order sizes, we show how to determine the average cost and an optimal cuto transaction size. Because the computational e ort to c...

An agent can invest in a high—yield bond and a low—yield bond, holding either long or short positions in either asset. Any movement of money between these two assets incurs a transaction cost proportional to the size of the transaction. The low—yield bond is liquid in the sense that wealth invested in this bond can be consumed directly without a transaction cost; wealth invested in the high—yie...