EFFECTS OF TRUST AND GOVERNANCE ON RELATIONAL RISK (original) (raw)

This study explores the effects of trust and governance structures on relational risk in inter-firm alliances. It highlights the need for firms to establish collaborative relationships that balance control and trust, thereby addressing the risks involved in these partnerships. The analysis reveals significant correlations between various factors, including asset specificity and continuity, and their impact on relational risk, suggesting that effective governance can enhance trust while reducing potential risks in collaborative ventures.