Plural forms in the brazilian automotive fuel distribution sector: profile evaluation and plural governances stability in São Paulo State

Abstract

This paper aims to study the governance of transactions adopted by fuel distributors with gas station retailers in the state of São Paulo. With the market deregulation, there are plural forms allowed on the market. This paper argues that the plural forms found are transitory, not as a result of increased efficiency and reduced transaction costs, but because plural forms have become a key strategic step in securing business partners and promoting greater growth of the firm. Moreover, it is argued that the institutional environment has a significant influence on the coordination of plural forms, directly interfering with their stability.

Keywords:
Plural forms; Institutional economics; Institutional environment; Fuel distribution