In the last few years, transaction cost economics has become a popular theory within the construction research community. This approach has been singularly applied as a means to explain and predict phenomena concerning the construction firm, including its vertical boundaries. However, this is at...

Retail centres are a visible sign of developed capitalist societies and make an appreciable contribution to these economies. For the firms involved in supplying air conditioning maintenance to retail centres, governance structures (that incorporate the make-or-buy decision and the decision...