Purchaser perceptions of early phase supplier relationships: The role of similarity and likeability
We investigate trust formation in the understudied area of early-phase relationship and its effects on the selection of purchaser-supplier governance. The theoretical framework underlying the research draws on purchaser/supplier relationships, swift/affective trust formation, social exchange theory,...
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Published in: | Journal of business research Vol. 128; pp. 174 - 186 |
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Main Authors: | , , , , |
Format: | Journal Article |
Language: | English |
Published: |
Elsevier Inc
01-05-2021
Elsevier B.V |
Subjects: | |
Online Access: | Get full text |
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Summary: | We investigate trust formation in the understudied area of early-phase relationship and its effects on the selection of purchaser-supplier governance. The theoretical framework underlying the research draws on purchaser/supplier relationships, swift/affective trust formation, social exchange theory, and transaction cost analysis to develop the hypotheses. This study is the first to provide insights into early phase relationships and demonstrate that purchaser-supplier similarity and supplier’s likeability are significantly related to purchaser trust in suppliers. In particular, similarity has a stronger positive relationship with trust than supplier likeability. The combined results of a field study and a scenario-based experiment offer strong evidence that suppliers’ similarity and likeability play a key role in forming early trust and governance selection. |
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ISSN: | 0148-2963 1873-7978 |
DOI: | 10.1016/j.jbusres.2021.01.026 |