A neo-institutional view of the transaction cost drivers of construction supply chain risk management

Purpose In a departure from the efficiency theory assumptions implicit in most supply chain risk management (SCRM) literature, this study aims to explore role that external neo-institutional pressures play shaping strategies deployed mitigate transaction cost risks construction chains (CSC). Design/methodology/approach A theory-elaborating case is used investigate how regulatory, normative and mimetic underpin SCRM state-led private-led CSC China. Findings The finds institutionalized Confucianist networks serve as proxies for regulatory accountability thereby create form of dysmorphia drivers Originality/value findings reveal relational costs such bargaining, transfer monitoring CSC. Behavioral associated with search, screening enforcement are core These differences arise risk-buffering effect personalized Guanxi networks, creating variants institutional on actors' analysis, identification treatment Considering China's global hegemony related industries, provides valuable insights practitioners researchers need constrained view