Visits to the client when competing for new consulting contracts: sourcing information or influencing the client?

C-Tier
Journal: Applied Economics
Year: 2003
Volume: 35
Issue: 14
Pages: 1531-1541

Score contribution per author:

1.005 = (α=2.01 / 1 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

Consulting firms (CFs) sell services on a project basis to many clients and must therefore continuously tender for new contracts. One frequently used strategy by CFs is to visit the clients in connection to the tenders. The reasons to the visits are: (1) to influence the client in his decision-making (e.g., marketing, bribing); and/or (2) to source information about the project so that a better proposal can be submitted. Using a unique database on individual export proposals submitted to emerging markets, which of these two reasons is the most important is examined empirically The estimations show that influencing the client dominates as explanation to the visits. Although it is not possible to determine whether this influence takes the form of bribing or marketing, all conditions necessary for bribes to occur are fulfilled.

Technical Details

RePEc Handle
repec:taf:applec:v:35:y:2003:i:14:p:1531-1541
Journal Field
General
Author Count
1
Added to Database
2026-01-29