IntroductionDuring the past two decades total quality management (TQM) has spread considerablyamong firms, and consequently researchers have studied this management approach insome depth. Some authors find a positive relation between TQM adoption and organisationalperformance (. Douglas & Judge, 2001; Kaynak, 2003; Powell, 1995). Powell(1995), under the framework of the resource-based view (RBV) of the firm, conceptualisesTQM as a strategic resource. From that standpoint, various authors have considered theRBV as a useful theoretical approach to explain TQM’s impact on organisational performance(. Escrig-Tena & Bou-Llusar, 2005; Reed, Lemak, & Mero, 2000; Savolainen,2000). Under the RBV, TQM constitutes a resource that is difficult to imitate (Powell,1995) and that generates competitive advantages in the firms that adopt it (Savolainen,2000). Moreover, Reed et al. (2000) deduced that TQM itself has the potential to generatebarriers to imitation, necessary for sustainability. In turn, Escrig-Tena and Bou-Llusar(2005) conclude that TQM positively influences organisational performance through thedevelopment of a series of competencies (skills or specific abilities to deploy resources).Some consensus exists about TQM’s capacity to improve organisational performance,so we focus our analysis on how firms can increase the benefits deriving from TQM is the main objective of the current work. For this purpose, we use the theoreticaland conceptual framework provided by Williamson’s (1985) transaction cost theory(TCT). This allows us to examine the economic nature of TQM and its capacity toimprove organisational performance in terms of wealth creation. Under TCT, TQM canbe defined as a specific organisational design option (Wruck & Jensen, 1994). Thus, its capacity to improve organisational performance lies in its ability to solve the firm’s organisationaldesign (OD) problems. Specifically, following Milgrom and Roberts (1992),these problems are the information (coordination) and motivation (incentive) problemsarising in a review of the literature on TQM and OD, we argue and conclude that TQMadoption and implementation must be consistent with OD postulates. Otherwise, thepotential benefits of TQM can be diluted by the increase in the level of residual loss(ex-post transaction cost resulting from the appearance of opportunistic behaviours fromthe employees). We analyse a sample of firms that have adopted TQM, and find empiricalevidence of complementarities when firms apply OD and TQM elements results show that firms that manage to exploit these complementarities obtain superiororganisational paper is structured as follows. In the next section, we analyse TQM’s capacity togenerate value and solve the OD problems arising in firms (information and motivationproblems). We then present the design of our empirical research project, specifically thefinal sample and the variables used. The penultimate section reports and analyses theresults obtained. The final section presents the paper’s main conclusions and quality management (TQM) as an organisational design (OD) optionThe origin of organisational design (OD) problems lies in the fact that firm resources havemultiple owners. On the one hand, the presence of multiple owners implies the need forcoordination. On the other, their diverging interests lead to the appearance of opportunisticbehaviour.太长了,把分给我,我发给你好了。另:如果分高的话,你的毕业论文我可以帮你,我刚写完operations management的论文,虽然是全英文的,但可以帮你翻译