An Empirical Research of the Effect of Institutional Environments and Risk Perception on Governance Mode of Supply Chain Network

Abstract

Abstract:

Based on the dialogue between new institution-based theory and transaction cost theory, this research studies the influence of institutional environment and risk perception on governance mode of supply chain network in Chinese context, and constructs a theoretical model from perspective of legitimacy. We use questionnaire survey to collected 117 effective samples, and test the effect of institutional environment and risk perception on the governance model of supply chain network by structural equation modeling method. Results show that mandatory institutional environment has a significant impact on the choice of governance mode, but regulatory institutional environ-ment does not. Relational risk perception works as a complete mediator whereas performance risk perception works as a partial mediator between institutional environment and the choice of governance mode of supply chain network.

Key words: governance mode, institutional environment, risk perception, supply chain network, Chinese context

Zhang Jing, Kang Kai, Wei Xuguang, Zhang Zhiying. An Empirical Research of the Effect of Institutional Environments and Risk Perception on Governance Mode of Supply Chain Network[J]. , 2020, 32(1): 275-285.

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