Abstract

This study compares the perception of local suppliers on fairness and relationship quality towards the top five hyper-market retailers in Korea. The study specifically addresses the factors leading to the relatively poor performance of Wal-Mart and Carrefour in Korea. Results show that the business model of Tesco based on joint-venturing with a local partner proves more successful than that of Wal-Mart or Carrefour based on expatriate CEO leadership. Causal relationship analysis on these measures reveals that procedural fairness exerts most influence on the commitment level of local suppliers in a channel relationship.

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.