Approaching control in interfirm transactional relationships: Contrasting and connecting a transaction cost economics perspective with an actor‐network theory perspective

Abstract

Purpose

The purpose of this paper is to contrast and to connect a transaction cost economics (TCE) perspective and an actor‐network theory (ANT) perspective on control of interfirm transactional relationships.

Design/methodology/approach

The paper outlines two theoretical perspectives on interfirm control: an ostensive TCE perspective and a performative ANT perspective. By contrasting these perspectives the different assumptions of each perspective are highlighted. By connecting them, potentially interacting research approaches become visible.

Findings

Ostensive research and performative research may be two sides of the same coin. Ostensive TCE‐based research produces intentional explanations for the choice of certain control structures, while performative research exposes the mobilization of control structures in specific episodes from practice. Interaction between the two potentially accelerates and enhances knowledge production on control in interfirm relationships. TCE‐based ostensive research produces conceptualizations that can be followed as actors, thus enabling a demonstration of their enactment. Conversely, ANT‐based research may challenge the stability of (con)text as it is perceived in TCE‐based research.

Originality/value

The paper offers a base for multi‐paradigm research into control of interfirm transactional relationships. Specifically, the paper offers a base for connecting TCE‐informed research and ANT‐informed research into interfirm control.

Citation

Vosselman, E. (2012), "Approaching control in interfirm transactional relationships: Contrasting and connecting a transaction cost economics perspective with an actor‐network theory perspective", Qualitative Research in Accounting & Management, Vol. 9 No. 1, pp. 4-20. https://doi.org/10.1108/11766091211216088