Masterarbeit, 2020
55 Seiten, Note: 2,0
1 INTRODUCTION
2 LITERATURE REVIEW
2.1 THE DEFINITION OF AGENCY THEORY
2.2 DEFINING SUPPLY CHAIN MANAGEMENT
2.3 SUPPLY CHAIN INFORMATION SHARING IN THE CONTEXT OF AGENCY THEORY
2.4 FINDING A RESEARCH GAP
3 RESEARCH METHODS
3.1 RESEARCH DESIGN
3.2 DATA COLLECTION
3.3 DATA ANALYSIS
4 FINDINGS
4.1 SUPPLY CHAIN OBJECTIVES
4.2 ORGANISATIONAL STRUCTURES
4.3 INFORMATION SHARING REGARDING SUPPLY CHAIN RELATIONS
4.3.1 RELATIONSHIP BETWEEN COMPANY AND SUPPLIER
4.3.2 INFORMATION SHARING BETWEEN COMPANY AND SUPPLIER
4.3.3 RELATIONSHIP BETWEEN COMPANY AND CUSTOMER
4.3.4 INFORMATION SHARING BETWEEN COMPANY AND CUSTOMER
4.4 BENEFITS OF INFORMATION SHARING SYSTEMS
5 DISCUSSION:
5.1 SUPPLY CHAIN INFORMATION SHARING IN THE CONTEXT OF AGENCY THEORY
5.2 LIMITATIONS AND FUTURE RESEARCH PROPOSALS
6 CONCLUSION
The primary objective of this research is to empirically examine how information sharing practices address agency theory-related behavioral issues within various multi-tier supply chain environments. The study focuses on understanding the transparency dynamics between buyers, suppliers, and sub-suppliers, and evaluating how information exchange can mitigate opportunistic behavior and goal conflicts between supply chain members.
The Definition of Agency Theory
Agency theory has been used in various areas of economics, sociology and politics. It is also used in the discipline of supply chain management, it explains relationships between at least two parties (individuals or organisations) (Fayezi et al., 2012). It originated from information economics and traceable to the 1960’s and early 1970’s when economists explored different risk sharing behaviour in cooperation’s between actors (Eisenhardt, 1989). The roots of basic assumptions of current agency theory can be found in the independently developed works of Mitnick (1973) and Ross (1973) (Fayezi et al., 2012).
Over time, agency theory has gained popularity but also critics. such as Perrow (1986), who claimed that the approaches are only one-sided, approach no real problems and have too few testable implications (Perrow, 1986, cited in (Eisenhardt, 1989). Nevertheless, for supporters the theory “provides a unique, realistic, and empirically testable perspective on problems of cooperative effort” (Eisenhardt, 1989, p. 72).
1 INTRODUCTION: This chapter highlights the impact of global disruptions like Covid-19 on supply chains and introduces the research goal of analyzing multi-tier structures and their alignment with agency theory.
2 LITERATURE REVIEW: The section defines core concepts including agency theory, supply chain management, and how information sharing serves as a mechanism to reduce opportunistic behavior.
3 RESEARCH METHODS: This chapter outlines the qualitative research approach, specifically the use of semi-structured interviews with ten supply chain experts to gather empirical data.
4 FINDINGS: The results detail supply chain objectives, organizational structures, and the current state of information sharing between companies, their suppliers, and customers.
5 DISCUSSION: This chapter synthesizes the empirical findings by applying agency theory variables to the observed supply chain practices and identifying limitations in the research.
6 CONCLUSION: The final chapter summarizes that information sharing remains largely confined to dyadic relationships and that transparency is heavily dependent on company size and industry requirements.
Agency Theory, Supply Chain Management, Information Sharing, Multi-tier Supply Chain, Opportunistic Behavior, Transparency, Principal-Agent Relationship, Moral Hazard, Adverse Selection, Supply Chain Governance, Contractual Relationships, Information Asymmetry, Sustainability, Performance Monitoring, Business Logistics.
The paper explores the application of agency theory within supply chain management, specifically analyzing how information sharing influences the relationship between principals and agents to reduce opportunistic behavior.
The research covers multi-tier supply chain structures, information asymmetry, the role of contracts and incentives, and the implementation of information sharing systems for transparency.
The goal is to empirically demonstrate how information sharing addresses agency theory behavioral issues in diverse, real-world supply chain contexts.
The study uses a qualitative methodology, conducting semi-structured interviews with ten experts in supply chain management and purchasing to gather deep insights.
The main body examines literature on agency theory, defines supply chain management in a multi-tier context, presents empirical interview findings, and discusses these through the lens of agency theory.
It is characterized by the intersection of agency theory, supply chain transparency, risk management, and the practical challenges of multi-tier information exchange.
The study revealed that in practice, information sharing is rarely present beyond dyadic (two-party) relationships, even in multi-tier supply chains.
The research found that larger companies, or those with more critical products for society, tend to invest more in monitoring and require higher levels of transparency from their supply chain members.
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