Management controls for effective inter-firm (buyer-supplier) relationships: Bangladesh RMG industry

Hossain, Noor and Mohamad, Muslim Har Sani (2023) Management controls for effective inter-firm (buyer-supplier) relationships: Bangladesh RMG industry. Asian Journal of Accounting and Governance, 20. pp. 1-15. ISSN 2180-3838 E-ISSN 2716-6060

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Abstract

A large proportion of inter-firm relationships (IFRs) in the outsourcing industry fail globally to achieve their intended objectives. As such, the right management controls are required in order to support these relationships. There is however, limited empirical research on effective inter-firm (buyer-supplier) relationships (EIFRs) and management controls for specific industries. This study extends the literature by examining EIFRs and their relevant management controls in the ready-made garments (RMG) industry in Bangladesh. The RMG industry in Bangladesh is highly dependent on international buyers as they contribute significantly to the country’s economy. Thus, the purpose of this study is to examine the relevant management control models to support EIFRs in the RMG industry. Accordingly, a cross-sectional survey was conducted with senior managers of RMG suppliers in Dhaka City. The results highlight the importance of market-based and trust-based control models in supporting EIFRs in Bangladesh’s RMG industry

Item Type:	Article (Journal)
Uncontrolled Keywords:	Management control models; effective inter-firm (buyer-supplier) relationships; transaction cost economics; Ready-made garment (RMG) Industry; Bangladesh
Subjects:	H Social Sciences > HF Commerce
Kulliyyahs/Centres/Divisions/Institutes (Can select more than one option. Press CONTROL button):	Kulliyyah of Economics and Management Sciences > Department of Accounting
Depositing User:	Dr Muslim Har Sani Mohamad
Date Deposited:	14 Nov 2023 17:20
Last Modified:	14 Nov 2023 17:20
URI:	http://irep.iium.edu.my/id/eprint/108047

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