Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
10226850 | Journal of World Business | 2018 | 12 Pages |
Abstract
Changes in relational governance have mainly been documented in the form of relationship building, developments and repairs related to tensions, or break-ups of otherwise strong relationships. In this paper, we take a closer look at the relational governance of long-distance international exchanges between producers and importers of fine wine. We contribute by providing evidence for several novel relational governance changes, and we document portfolio effects on governance choices. Fine wine producers and importers intend on relational governance for most of their international exchanges, but they may end up being terminated, relegated to market governance, or settle as incomplete relationships.
Related Topics
Social Sciences and Humanities
Business, Management and Accounting
Business and International Management
Authors
Chris Ellegaard, Christopher J. Medlin,