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Cited by 928

The DOI matches its Crossref record; 14 of the 14 references it cites were found in a registry or an index.

Make, Buy, or Ally: A Transaction Cost Theory Meta-Analysis

Geyskens, Inge, Steenkamp, Jan-Benedict E. M., Kumar, Nirmalya·2006·Academy of Management Journal

Abstract

Since the publication of Williamson's Markets and Hierarchies, many empirical articles have investigated the tenets of transaction cost theory. Using meta-analytic techniques, we quantitatively synthesized and evaluated transaction cost-based empirical research on organizational boundary (make, buy, or ally) decisions. We found strong support for the theory for both make versus buy and ally versus buy decisions. However, we did not find evidence that asset specificity had stronger predictive power than uncertainty. Hierarchical and relational governance appropriately aligned with transaction dimensions both led to enhanced performance. On the basis of our meta-analysis, we provide directions for future research.

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Metadata

Authors
Geyskens, I., Steenkamp, J.-B. E. M., & Kumar, N.
Venue
Academy of Management Journal
Published
2006-06
Volume
49
Issue
3
Pages
519-543
ISSN
  • 0001-4273 (ISSN-L)
  • 1948-0989
OpenAlex
W2054633886
Cited by
928
References
14
FWCI
58.24
Type
journal article
Language
en
Open access
closed

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CoChat. (2026). Citation check: Make, Buy, or Ally: A Transaction Cost Theory Meta-Analysis. https://app.cochat.ai/papers/10.5465/amj.2006.21794670
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Geyskens, I., Steenkamp, J.-B. E. M., & Kumar, N. (2006). Make, Buy, or Ally: A Transaction Cost Theory Meta-Analysis. Academy of Management Journal. https://doi.org/10.5465/amj.2006.21794670

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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).

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