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Firms are increasingly using collaborative organizational arrangements (e.g., joint ventures, strategic alliances, and strategic supply chains) to complete transactions that require a high level of inter-organizational involvement and coordination.
The adoption of these organizational forms has created a need for new management control practices that comprehend the risks of transacting with self-interested parties when complete contracts cannot be written or when the cost of doing so is prohibitive. This study seeks to identify, categorize, and quantify: