International Journal of Supply Chain Management
Vol 9, No 1 (2020): International Journal of Supply Chain Management (IJSCM)

Does the Social Capital Matters in Buyer-Supplier Relationships? A Thai Perspective

Wallop Piriyawatthana (College of Innovation and Management, Suan Sunandha Rajabhat University, Bangkok, Thailand)
Tawat Phumdara (College of Innovation and Management, Suan Sunandha Rajabhat University, Bangkok, Thailand)
Kittisak Jermsittiparsert (Social Research Institute, Chulalongkorn University, Bangkok, Thailand)



Article Info

Publish Date
27 Feb 2020

Abstract

The main objective of the current study is to investigate the influence of the social capital theory in the relationship between buyer and supplier relationship. The study is of the view that the there are certain managerial implications of social capital in terms of buyer supplier relationships, therefore, considering these, significant resources are invested by the buyers to generate social capital along with its suppliers. Thus, a social capital which is earned after huge efforts may sometimes result in poor decision making, opportunistic behaviors, and loss of objectivity. The study has used the survey-based methodology and examined the manners or the Thai Petro chemical firms Considering a buyer supplier relationship, we attempt to theorize social capital contradiction and empirical evidence is presented for the social capital and performance relationship as a curvilinear relationship at inter-firm level. The results of this research are found to be in line with a few recent researches which examined the impact of this curvilinear relationship at group, network, or individual level. The findings suggest that social capital and performance relationship has an inverted curvilinear relationship. The empirical findings indicate that in case of buyer-supplier collaboration for gaining strategic benefits, more time is consumed for making it to the threshold level, as compared to the case of operational benefits.

Copyrights © 2020






Journal Info

Abbrev

IJSCM

Publisher

Subject

Decision Sciences, Operations Research & Management Engineering Environmental Science Industrial & Manufacturing Engineering Transportation

Description

International Journal of Supply Chain Management (IJSCM) is a peer-reviewed indexed journal, ISSN: 2050-7399 (Online), 2051-3771 (Print), that publishes original, high quality, supply chain management empirical research that will have a significant impact on SCM theory and practice. Manuscripts ...