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Navigating the Landscape of Transactions

This note summarizes findings from a new paper, which lays out a methodology to determine the types of mechanisms, be they the legal system, civil organizations, or shared business interest, that firms use when entering into agreements with their s...

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Main Author: Francis, David C.
Format: Online
Language:English
Published: World Bank, Washington, DC 2020
Subjects:
Online Access:http://documents.worldbank.org/curated/en/981751600057710790/Navigating-the-Landscape-of-Transactions-Understanding-Firms-Transactional-Governance-Structures-in-Six-Latin-American-Countries
https://hdl.handle.net/10986/34457
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author Francis, David C.
author_facet Francis, David C.
author_sort Francis, David C.
collection Colección Documentos Técnicos
description This note summarizes findings from a new paper, which lays out a methodology to determine the types of mechanisms, be they the legal system, civil organizations, or shared business interest, that firms use when entering into agreements with their suppliers and customers. Specially, the note summarizes the data exploration technique (known as Latent Class Analysis) used in the paper and shows some basic results in terms of the attributes of each class. Four basic classes are used for dealing with suppliers (pure bilateralism, bilateralism with private support, bilateralism with legal support, and strong comprehensive) and with customers (pure bilateralism, bilateralism with private support, bilateralism with weak support, and weak comprehensive). Lastly, some basic correlations between the likelihood of class membership and firm-level characteristics are shown.
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spelling wb-10986-344572026-04-01T11:53:07Z Navigating the Landscape of Transactions Understanding Firms’ Transactional Governance Structures in Six Latin American Countries Francis, David C. BUSINESS ENVIRONMENT LEGAL FRAMEWORK BUSINESS TRANSACTION LATENT CLASS ANALYSIS BUSINESS RELATIONSHIP CONTRACTUAL RELATION GOVERNANCE STRUCTURE B2B FOREIGN OWNERSHIP This note summarizes findings from a new paper, which lays out a methodology to determine the types of mechanisms, be they the legal system, civil organizations, or shared business interest, that firms use when entering into agreements with their suppliers and customers. Specially, the note summarizes the data exploration technique (known as Latent Class Analysis) used in the paper and shows some basic results in terms of the attributes of each class. Four basic classes are used for dealing with suppliers (pure bilateralism, bilateralism with private support, bilateralism with legal support, and strong comprehensive) and with customers (pure bilateralism, bilateralism with private support, bilateralism with weak support, and weak comprehensive). Lastly, some basic correlations between the likelihood of class membership and firm-level characteristics are shown. 2020-09-16T18:02:56Z 2020-09-16T18:02:56Z 2019 Brief Fiche Resumen http://documents.worldbank.org/curated/en/981751600057710790/Navigating-the-Landscape-of-Transactions-Understanding-Firms-Transactional-Governance-Structures-in-Six-Latin-American-Countries https://hdl.handle.net/10986/34457 10.1596/34457 English Enterprise Note Series;No. 38 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank application/pdf text/plain World Bank, Washington, DC
spellingShingle BUSINESS ENVIRONMENT
LEGAL FRAMEWORK
BUSINESS TRANSACTION
LATENT CLASS ANALYSIS
BUSINESS RELATIONSHIP
CONTRACTUAL RELATION
GOVERNANCE STRUCTURE
B2B
FOREIGN OWNERSHIP
Francis, David C.
Navigating the Landscape of Transactions
title Navigating the Landscape of Transactions
title_full Navigating the Landscape of Transactions
title_fullStr Navigating the Landscape of Transactions
title_full_unstemmed Navigating the Landscape of Transactions
title_short Navigating the Landscape of Transactions
title_sort navigating the landscape of transactions
topic BUSINESS ENVIRONMENT
LEGAL FRAMEWORK
BUSINESS TRANSACTION
LATENT CLASS ANALYSIS
BUSINESS RELATIONSHIP
CONTRACTUAL RELATION
GOVERNANCE STRUCTURE
B2B
FOREIGN OWNERSHIP
url http://documents.worldbank.org/curated/en/981751600057710790/Navigating-the-Landscape-of-Transactions-Understanding-Firms-Transactional-Governance-Structures-in-Six-Latin-American-Countries
https://hdl.handle.net/10986/34457
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