Determinants of ownership preference of international joint ventures: New evidence from Chinese manufacturing industries

International Business Review

Volumn 7, Issue 6, 1998, Pages 569-589

  Zhao, Hongxin ^a   Zhu, Gangti ^b  

^a Sch Bus Admin   (United States)

^b NATIONAL UNIVERSITY OF SINGAPORE   (Singapore)

Author keywords

Concentration; FDI; International joint ventures in China

Indexed keywords

EID: 0000930711     PISSN: 09695931     EISSN: None     Source Type: Journal    
DOI: 10.1016/s0969-5931(98)00032-8     Document Type: Article

References (52)

1. Not mentioned in text.
2. Agarwal S., Ramaswami S. N. N. Choice of foreign market entry mode: impact of ownership, location, and internationalization factors. Journal of International Business Studies. 23(1):1992;1-27.
3. Anand J., Kogut B. Technological capabilities of countries, firm rivalry and foreign direct investment. Journal of International Business Studies. 28(3):1997;445-466.
4. Anderson E., Gatignon H. Modes of foreign entry: a transaction cost analysis and propositions. Journal of International Business Studies. 17(3):1988;1-26.
5. Asia Law and Practice. (1996). China Joint Venture, 2, 1-5.
6. Aswicahyono H. H., Hill H. Determinants of foreign ownership in LDC manufacturing: an Indonesian case study. Journal of International Business Studies. 25(1):1994;139-158.
7. Beamish P. W. The characteristics of joint ventures in the People's Republic of China. Journal of International Marketing. 1(2):1993;29-48.
8. Beamish P. W., Wang H. Y. Investment in China via joint ventures. Management International Reviews. 20(1):1989;57-64.
9. Buckley, P. L. (1996). An Economic Analysis and the Multinational Corporation. Boston, Massachusetts: Cambridge University Press.
10. Campbell, N. (1989). A Strategic Guide of Equity Joint Venture in China. Pergamon Press.
11. Caves, R. (1982). Multinational Enterprises and Economic Analysis. Cambridge, U.K.: Cambridge University Press.
12. Caves, R. (1996). Economic Analysis and the Multinational Corporation. Cambridge, U.K.: Cambridge University Press.
13. Chow G. Chinese statistics, the American statistician. 40:1986;191-196.
14. Daniel J. D. US joint ventures in China: motivation and management of risks. California Management Review. 27(4):1986;46-58.
15. Davidson W. The location of foreign direct investment activity: country characteristics and experience effects. Journal of International Business Studies. Fall:1981;9-22.
16. Davidson, W. (1982). Global Strategic Management. New York: John Wiley and Sons.
17. Dunning J. H. Toward an eclectic theory of international production: some empirical test. Journal of International Business Studies. 11:1981;9-31.
18. Dunning J. H. Reappraising the eclectic paradigm in an age of alliance capitalism. Journal of International Business Studies. 26(3):1995;461-492.
19. Erramilli M. K. Influence of some external and internal environmental factors on foreign market entry mode choice in service firms. Journal of Business Research. 25(4):1992;263-276.
20. Fagre N., Wells L. T. Bargaining power of multinationals and the host governments. Journal of International Business Studies. 13(Fall):1982;9-23.
21. Gatignon H., Anderson E. The multinational corporation's degree of control over foreign subsidiaries: an empirical test of a transaction cost explanation. Journal of Law, Economics, and Organization. 42:1988;305-336.
22. Goldberger, A. S. (1991). A Course in Econometrics. Cambridge, Massachusetts: Harvard University Press.
23. Gomes-Casseres B. Firm ownership preference and the host government restrictions: an integrated approach. Journal of International Business Studies. 21(1):1990;1-22.
24. Gomes-Casseres B. Ownership structures of foreign subsidiaries: theory and evidence. Journal of Economical Behavior and Organization. 11(January):1989;1-25.
25. Harrigan, K. R. (1985). Strategy for Joint Ventures. Massachusetts: Lexinton Books.
26. Hennart J. A transaction costs theory of equity joint ventures. Strategic Management Journal. 9(4):1988;361-374.
27. Hennart J. The transaction costs theory of equity joint ventures: an empirical study of Japanese subsidiaries in the United States. Management Science. 37(4):1991;483-497.
28. Hofstede G. The cultural relativity of organizational practices and theories. Journal of International Business Studies. Fall:1983;75-89.
29. Hu M. Y., Chen H. Y. Foreign ownership in Chinese joint ventures: a transaction costs analysis. Journal of Business Research. 26(2):1993;149-160.
30. Kim W. C., Hwang P. Global strategy and multinational's entry mode choice. Journal of International Business Studies. 23(1):1992;29-54.
31. Kogut B. Joint ventures: theoretical and empirical perspectives. Strategic Management Journal. 9(4):1988;319-332.
32. Kogut B., Singh H. The effect of national culture on the choice of entry mode. Journal of International Business Studies. 19(3):1988;411-432.
33. Kogut B., Chang S. J. Technological capabilities and Japanese direct investment in the United States. Review of Economics and Statistics. 73:1991;401-443.
34. Lecraw D. J. Bargaining power, ownership, and profitability of transitional corporations in developing countries. Journal of International Business Studies. Spring Summer:1984;27-43.
35. Li K., Chen D. Distribution of biggest industrial enterprises and the situation of scales of cconomy in China. China Social Sciences. 5:1995;20-34.
36. MOFERT (Ministry of Foreign Economic Relations and Trade) (1994). The Almanac of China's Foreign Economic Relations and Trade. China: Beijing.
37. Pan Y. G. Influence of foreign equity ownership level in joint venture in China. Journal of International Business Studies Vol. 27(1):1996;1-26.
38. Pearson, M. M. (1991). Joint Ventures in the People's Republic of China. Princeton, NJ: Princeton University Press.
39. Porter, M. E. and Fuller, M. B. (1986). Coalitions and Global Strategies in the Competition in Global Industries (315-342). Boston, Massachusetts: Harvard Business School.
40. Porter, M. E. (1990). The Competitive Advantage of Nations. New York: The Free Press.
41. Poynter T. A. Government intervention in less developed countries: the experience of multinational companies. Journal of International Business Studies. XX:1982;27-43.
42. Shan W. J. Environment risks and joint venture sharing agreements. Journal of International Business Studies. 22(4):1991;555-578.
43. Shapiro, J. E. (1991). Direct Investment and Joint Venture in China. New York: Quorum Books.
44. Shenkar O. International joint venture's problems in China: risks and remedies. Long Range Planning. 23:1990;82-90.
45. Stelzer L. Gauging investors' satisfaction. China Business Review. Nov/Dec:1992;54-56.
46. Stopford, J. M., & Wells, L. T. (1972). Managing the Multinational Enterprises: Organization of the Firm and Ownership of the Subsidiaries. New York: Basic Books.
47. Teagarden Von G. Sino-foreign strategic alliance types and related operating characteristics. International Studies of Management and Organization. 20:1992;99-108.
48. Thoburn, L. C. (1990). Foreign Investment in China under Open Door Policy. Aldershot, Hants: Gower Publishing Co.
49. Vernon, R. (1971). Sovereignty at Bay; the Multinational Spread of U.S. Enterprises. New York: Basic Books.
50. Williamson O. Transaction cost economics: the governance of contractual relations. Journal of Law and Economics. 22:1979;233-262.
51. Woodcock C.P., Beamish P.W., Makino S. Ownership-based entry mode strategies and international performance. Journal of International Business Studies. 25:1994;253-273.
52. World Bank (1995). World Development Report. United Nations.