It is not just about power, but about the type of power - relational governance in the context of a transiton economy

Orjon Xhoxhi & Drini Imami
The paper analyses how intermediary’s bargaining power affects relational governance in the context of a transition economy, namely the case of Kosovo. There has been limited research and understanding about bargaining power and relational governance in developing and transition economies. Multinomial logistic regression is employed to investigate the factors affecting relational governance, which is operationalized as categorical variable: 1) Spot market transaction, 2) verbal contract and 3) written contract. The results of the study point...
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