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Hence, as Azoulay and Shane (2001) conclude, a firm's choice regarding continuation is largely influenced by stakeholders' contractual frameworks and emphasizes the importance of accounting for institutional context in turnaround research.
Not only do there need to be legal and contractual frameworks in place but the military and PMSCs need to make the most of opportunities to interact, possibly even engaging in joint training, and find way to integrate their operations.
To do so, PBI models introduce contractual frameworks that define not only the roles and responsibilities of purchasers and providers, but also clearly outline the output targets and output-dependent incentives, the result verification processes confirming the delivery of such outputs, and the payment mechanisms in response to the obtained results [ 11].
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"All sides wish to achieve a contractual framework that provides fair reward and a safe working environment for junior doctors throughout the working week".
Verizon Communications, the telecommunications giant based in New York, introduced a contractual framework yesterday for leasing its lines to competing telephone companies.
As the report notes: "A key issue is that while government has tried to embrace a contemporary e-marketplace and e-procurement vision through Gem Purchasing, it has not modernised the contractual framework accordingly, which creates tension between the two paradigms".
Contractual framework.
The Medman Trial was a multicentred RCT commissioned by the UK Department of Health to inform changes to the community pharmacist contractual framework.
This relationship provided the basis to discuss the new contractual framework for continuous delivery with varying monthly net payments and gains.
Although the HRS intended to implement the land-use rights through a contractual framework, the contracts, in particular, the contract's duration, have not been respected by village collective authorities, who have periodically approved reallocation of land among household villagers.
Those changes did not happen in the context of this experience, but would imply in changing the SLA appendix of the contractual framework and both sides, supplier and customer) were open to discuss such changes.
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