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Understanding the concept of elasticity in supply chain relationships : an agency theory perspective Zomorrodi, Maryam and Fayezi, Sajad 2011, Understanding the concept of elasticity in supply chain relationships : an agency theory perspective, Asian journal of management research, vol. 1, no. 2, pp. 452-472. Title Understanding the concept of elasticity in supply chain relationships : an agency theory perspective Alternative title Review : Understanding the concept of elasticity in supply chain relationships : an agency theory perspective Author(s) Zomorrodi, Maryam Fayezi, Sajad Journal name Asian journal of management research Volume number 1 Issue number 2 Start page 452 End page 472 Publisher Integrated Publishing Association Place of publication Kangayam Erode District, India Publication date 2011 ISSN 2229-3795 Keyword(s) Supply Chain Relationships Relationship Elasticity Flexibility Tolerance Threshold Business Uncertainty Agency Theory Summary The issue of flexibility in supply chains has been receiving heightened attention by scholars and practitioners especially as business environment becoming more turbulent and uncertain. Notwithstanding, one of the important aspects of flexibility – relationship flexibility – which has the potential to proliferate responsiveness and postpone bifurcation in buyer -supplier relationships has not been well understood and researched. Identifying this gap within the literature, this paper proposes a concept of elasticity as an important element of relationship flexibility in supply chains. It is argued that the tolerance threshold of coopering parties in presence of their sudden behaviour change will determine their state of relationship elasticity (i.e. elastic or inelastic). The theoretical development of this paper has been primarily based on review of the literature and insights from agency perspective. It is proposed that relationship governance mechanisms advocated by agency theory has the potential to influence elasticity status of principal agent relationships. Language eng Field of Research 150309 Logistics and Supply Chain Management Socio Economic Objective 970115 Expanding Knowledge in Commerce, Management, Tourism and Services HERDC Research category C1 Refereed article in a scholarly journal HERDC collection year 2011 Copyright notice ©2010, All rights reserved Integrated Publishing association Persistent URL http://hdl.handle.net/10536/DRO/DU:30034560 Document type: Journal Article Collections: Faculty of Business and Law School of Management and Marketing Related Links Link Description Connect to published version Go to link with your DU access privileges     Unless expressly stated otherwise, the copyright for items in DRO is owned by the author, with all rights reserved. Versions Version Filter Type Thu, 12 May 2011, 11:09:05 EST Thu, 12 May 2011, 14:34:01 EST Wed, 25 May 2011, 09:29:23 EST Wed, 25 May 2011, 10:26:11 EST Fri, 17 Jun 2011, 14:36:22 EST Fri, 17 Jun 2011, 14:37:56 EST Fri, 17 Jun 2011, 14:39:48 EST Fri, 17 Jun 2011, 14:40:41 EST Mon, 16 Jan 2012, 13:23:03 EST Mon, 16 Jan 2012, 13:25:10 EST Filtered Full Access Statistics: 354 Abstract Views, 1 File Downloads  -  Detailed Statistics Created: Thu, 12 May 2011, 11:09:00 EST by Katrina Fleming

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