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Electronic Document Interchange in the Contractual Relationship

Author

Listed:
  • Andrey Ye. SHASTITKO

    (The Russian Presidential Academy of National Economy and Public Administration)

  • Anastasiya A. SHPAKOVA

    (The Russian Presidential Academy of National Economy and Public Administration)

Abstract

The spread of digital technologies enhances the topicality of studying new ways of organizing the intercompany exchange of legally relevant documents. The article scrutinizes the linkage between contractual relationship, transaction management mechanisms and discrete institutional alternatives of document interchange. The methodological basis of the study is the provisions of the neo-institutional economic theory, including transaction cost theory and contract theory. The paper addresses the economic effects produced by the spread of electronic document interchange (EDI) through its impact on various types of transaction costs. In addition to the technical component, the issue of compatibility of electronic document formats also has the economic component expressed in the development of an industry standard in the market for EDI service operators and in the above-mentioned effects arising in the process of contracting. The choice of the way of interorganizational document interchange has a significant role in the contracting process, especially in the conditions of the difference in counterparts’ methods of organizing the document flow. The authors discuss the economic aspects of the compatibility of the standards of the electronic documents for interorganizational exchange in the contracting process from constructing contractual arrangements to final paying for goods and services delivered.

Suggested Citation

  • Andrey Ye. SHASTITKO & Anastasiya A. SHPAKOVA, 2018. "Electronic Document Interchange in the Contractual Relationship," Upravlenets, Ural State University of Economics, vol. 9(5), pages 2-10, October.
    • Handle: RePEc:url:upravl:v:9:y:2018:i:5:p:2-10
    DOI: 10.29141/2073-1019-2018-9-5-1
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    References listed on IDEAS

    as
    1. Shastitko, A. & Pavlova, N., 2017. "Bargaining Power and Market Power: Comparison and Policy Implications," Journal of the New Economic Association, New Economic Association, vol. 34(2), pages 39-57.
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    More about this item

    Keywords

    CONTRACTUAL RELATIONSHIP; ELECTRONIC DOCUMENT INTERCHANGE; TRANSACTION COSTS; DISTRIBUTION EFFECTS; LEGALLY RELEVANT DOCUMENT INTERCHANGE; ROAMING;
    All these keywords.

    JEL classification:

    • D23 - Microeconomics - - Production and Organizations - - - Organizational Behavior; Transaction Costs; Property Rights
    • L14 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Transactional Relationships; Contracts and Reputation
    • L15 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Information and Product Quality

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