From transaction cost to transactional value analysis: implications for the study of interorganizational strategies

Article Abstract:

This article examines interorganizational strategies from a transactional value, rather than transaction cost, perspective. It argues that the transaction cost perspective has at least two major limitations when used to analyse interorganizational strategies: (1) a single-party, cost minimization emphasis that neglects the interdependence between exchange partners in the pursuit of joint value, and (2) an over-emphasis on the structural features of interorganizational exchange that neglects important process issues. We propose instead a transactional value framework for analysing interorganizational strategies that addresses (1) joint value maximization, and (2) the processes by which exchange partners create and claim value. We discuss the implications of the present approach for the study of interorganizational strategies and for the transaction cost perspective itself. (Reprinted by permission of the publisher.)

Usage, Finance, Strategic planning (Business), Transactional analysis

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The management implications of women's employment disadvantage in a female-dominated profession: a study of NHS nursing

Article Abstract:

Issues discussed concern employment discrimination and the gendered divisions in the labor market, focusing on the female-dominated profession of nursing in the UK's National Health Service. Topics addressed include human resource management, gender-based disadvantages, and preventing institutional discrimination.

Offices of All Other Miscellaneous Health Practitioners, Offices of health practitioners, not elsewhere classified, Nurses, Statistical Data Included, Human resource management, Health care industry, Surveys, United Kingdom. National Health Service, Employment discrimination

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Unequal pay, unequal responses? Pay referents and their implications for pay level satisfaction

Article Abstract:

The article examines employees' use of pay referents as a basis for forming opinions concerning their own wages. Pay referents discussed include those that are organizational, market, financial, social and historical, and the degree of importance employees place on each.

Australia, Economic aspects, Compensation and benefits, Job satisfaction, Workers, Pay equity

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