Journal
JOURNAL OF INTERNATIONAL BUSINESS STUDIES
Volume 31, Issue 2, Pages 259-285Publisher
JOURNAL INT BUSINESS STUDIES
DOI: 10.1057/palgrave.jibs.8490905
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We examine the determinants of trust in 453 supplier-automaker relationships in the U.S., Japan, and Korea. We define trust and derive a model of its determinants drawing upon (1) an embeddedness (relationship-based) perspective, (2) a process-based perspective, and (3) an economic (hostage-based) perspective. Our findings indicate strong support for the process-based perspective in all countries; embeddedness was only important in Japan, and the economic hostage-based variable (stock ownership) was not important in any country.
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