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Relational Governance Mechanisms and their effect on Contractual Completeness: A case study within a top European company in the Oil & Gas Industry
Umeå University, Faculty of Social Sciences, Umeå School of Business.
Umeå University, Faculty of Social Sciences, Umeå School of Business.
2011 (English)Independent thesis Advanced level (degree of Master (One Year)), 10 credits / 15 HE creditsStudent thesis
Abstract [en]

This document investigates the relationship between the usage of relational forms of governance and the completeness of contractual documents. It further examines howthis relationship is presided by the development of social norms between contracting parties.

A case study was conducted within Company X, a top European company in the Energy Sector, where interviews to managers and contractual documents were inspected for aqualitative analysis of the aforementioned relationship.

The results indicate that the employment of relational governance mechanisms does affect contractual completeness on one of its two dimensions: contingency adaptability. This aspect is enhanced as relational norms are interwoven in the exchange agreement. A clear connection with the second dimension, term specificity, could not be identified, and is instead attributed to contextual idiosyncrasies such as industry type andgovernance structure design.

A theoretical model depicting this phenomenon was developed, including mediating effects by situational variables.

Place, publisher, year, edition, pages
2011. , 83 p.
Keyword [en]
contract management; relational governance; trust; contractual completeness; contingency adaptability; term specificity
National Category
Business Administration
Identifiers
URN: urn:nbn:se:umu:diva-39364OAI: oai:DiVA.org:umu-39364DiVA: diva2:391598
Presentation
2011-01-06, S310, Umeå Universitet, Umeå, 08:00 (English)
Uppsok
Social and Behavioural Science, Law
Supervisors
Examiners
Available from: 2011-01-25 Created: 2011-01-25 Last updated: 2011-01-25Bibliographically approved

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CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf