To disclosure of essence and classification of transaction expenses

The article is devoted to disclosure and classification of transaction expenses at industrial company. The author’s definition is given: transaction expenses are the costs, which arise as a result of market interconnection between industrial enterprise and external environment while solving problems which arise from information asymmetry, administrative communion, as well as real and alternative expenses derived from this intercommunion. Classification of transaction expenses is given by necessity criterion: the costs are divided into «essential costs» and «transaction losses». «Essential costs» are transaction expenses which a company has under any circumstances to maintain its activity in the market. «Transaction losses» are a part of transaction expenses including time and resources losses arising from wrong management decisions. «Essential costs» is the necessity; a rate for operation on the market, their value should be calculated depending on the purpose and scope of the firm. "Transaction losses" as pure form of company losses should be completely graded or minimized. The prime factors affecting transaction costs value are given (on the basis of negotiation of administrative burden costs), the formulas for their calculation in the context of certification activity and licensing costs are shown. It is suggested that transaction costs value depends on the firm’s complication. Firm’s complication is a quantity and quality of external contacts as main factors of transaction costs value. The hypothesis of direct relationship between the amount of external contacts and the value of transaction costs, the existence of an inverse relationship between the quality of external contacts and the value of transaction expenses is proposed.