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The impact of sanctions on buyersupplier relationship within the Libyan oil industry

Identifieur interne : 000909 ( Istex/Curation ); précédent : 000908; suivant : 000910

The impact of sanctions on buyersupplier relationship within the Libyan oil industry

Auteurs : J. O. Tantoush [Royaume-Uni] ; F. Lettice [Royaume-Uni] ; H. K. Chan [Royaume-Uni]

Source :

RBID : ISTEX:E2FD18D37C8ECF8342137298F36BF8C39CF814BD

Abstract

Purpose The purpose of this paper is to explore buyersupplier relationships in the Libyan oil industry during and following the sanction era. This paper, utilising four largely validated critical relationship parameters, seeks to flag important buyersupplier relationship insights. Designmethodologyapproach Desk research is undertaken to explore the selected themes of trust, cooperation, commitment and communication, which are critical to effective dyadic buyersupplier relationships. Subsequently, indepth interviews were conducted with five key personnel of five Libyan oil companies to examine the impact of sanctions on the selected themes in relation to their buyersupplier relationships. Findings The results highlight interesting differentials between the two explored areas in relation to the four selected themes trust, cooperation, commitment and communication. The results indicate that there is a significant gap in understanding the impact of sanctions on the buyersupplier relationship. Practical implications This paper is of practical use to academics and practitioners who wish to understand the impact on and implications of sanctions on dyadic buyersupplier relationships in a developing country. It is also useful to government officials and the oil industry in gaining insights into the effects of sanctions on an economy with significant reliance on the oil industry. Originalityvalue There are extensive studies on the key themes of dyadic buyersupplier relationships. However, there is a gap in understanding the impact of sanctions on buyersupplier relationship behaviours. The findings in this paper therefore contribute to bridging this gap.

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DOI: 10.1108/17506220910970579

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ISTEX:E2FD18D37C8ECF8342137298F36BF8C39CF814BD

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