메뉴 건너뛰기




Volumn 56, Issue 10, 2003, Pages 815-828

Determinants and performance impact of asymmetric governance structures in international joint ventures: An empirical investigation

Author keywords

Equity ownership; International joint venture; Operational control

Indexed keywords


EID: 0037781929     PISSN: 01482963     EISSN: None     Source Type: Journal    
DOI: 10.1016/S0148-2963(02)00469-1     Document Type: Article
Times cited : (37)

References (56)
  • 1
    • 21344455931 scopus 로고    scopus 로고
    • Host-country policy, transfer pricing and ownership distribution in international joint ventures: A theoretical analysis
    • Al-Saadon Y. Doz S.P. Host-country policy, transfer pricing and ownership distribution in international joint ventures: a theoretical analysis Int. J. Ind. Organ. 14 1996 345-364
    • (1996) Int. J. Ind. Organ. , vol.14 , pp. 345-364
    • Al-Saadon, Y.1    Doz, S.P.2
  • 2
    • 0009400818 scopus 로고    scopus 로고
    • Learning from failure: Toward an evolutionary model of collaborative ventures
    • Arino A. Torre J. Learning from failure: toward an evolutionary model of collaborative ventures Organ. Sci. 9 1998 306-325
    • (1998) Organ. Sci. , vol.9 , pp. 306-325
    • Arino, A.1    Torre, J.2
  • 3
    • 0002811366 scopus 로고
    • The characteristics of joint ventures in developed and developing countries
    • Beamish P.W. The characteristics of joint ventures in developed and developing countries Columbia J. World Bus. 20 1985 13-19
    • (1985) Columbia J. World Bus. , vol.20 , pp. 13-19
    • Beamish, P.W.1
  • 4
    • 0004041424 scopus 로고
    • Multinational joint ventures in developing countries
    • London: Routledge
    • Beamish P.W. Multinational joint ventures in developing countries 1988 Routledge London
    • (1988)
    • Beamish, P.W.1
  • 5
    • 0002871377 scopus 로고
    • Characteristics of joint ventures in the People's Republic of China
    • Beamish P.W. Characteristics of joint ventures in the People's Republic of China J. Int. Mark. 1 1993 29-48
    • (1993) J. Int. Mark. , vol.1 , pp. 29-48
    • Beamish, P.W.1
  • 6
    • 0001935247 scopus 로고
    • Partner contributions as predictors of equity share in international joint ventures
    • Blodgett L.L. Partner contributions as predictors of equity share in international joint ventures J. Int. Bus. Stud. 22 1991 63-78
    • (1991) J. Int. Bus. Stud. , vol.22 , pp. 63-78
    • Blodgett, L.L.1
  • 7
    • 0007031467 scopus 로고
    • The strategy of multinational enterprise: Organization and finance
    • New York: Elsevier
    • Brooke M.Z. Remmer L. The strategy of multinational enterprise: organization and finance 1970 Elsevier New York
    • (1970)
    • Brooke, M.Z.1    Remmer, L.2
  • 8
    • 0030500366 scopus 로고    scopus 로고
    • Collaborative ventures and value of learning: Integrating the transaction cost and strategic option perspectives on the choice of market entry modes
    • Chi T. McGuire D. Collaborative ventures and value of learning: integrating the transaction cost and strategic option perspectives on the choice of market entry modes J. Int. Bus. Stud. 27 1996 285-307
    • (1996) J. Int. Bus. Stud. , vol.27 , pp. 285-307
    • Chi, T.1    McGuire, D.2
  • 9
    • 0003930032 scopus 로고    scopus 로고
    • Strategies of cooperation: Managing alliances, networks, and joint ventures
    • Oxford (UK): Oxford Univ. Press
    • Child J. Faulkner D. Strategies of cooperation: managing alliances, networks, and joint ventures 1998 Oxford Univ. Press Oxford (UK)
    • (1998)
    • Child, J.1    Faulkner, D.2
  • 10
    • 0000047479 scopus 로고    scopus 로고
    • Culture and control: The tale of east-west joint venture
    • Cyr D.J. Culture and control: the tale of east-west joint venture Manag. Int. Rev. 1997 127-144 [special issue]
    • (1997) Manag. Int. Rev. , Issue.SPEC. ISSUE , pp. 127-144
    • Cyr, D.J.1
  • 11
    • 84968161670 scopus 로고
    • Creating and managing joint ventures in China
    • Davidson W.H. Creating and managing joint ventures in China Calif. Manage. Rev. 29 1987 77-94
    • (1987) Calif. Manage. Rev. , vol.29 , pp. 77-94
    • Davidson, W.H.1
  • 12
    • 0030376864 scopus 로고    scopus 로고
    • The evolution of cooperation in strategic alliances: Initial conditions or learning processes?
    • [summer special issue]
    • Doz Y. The evolution of cooperation in strategic alliances: initial conditions or learning processes? Strateg. Manage. J. 1996 55-84 [summer special issue]
    • (1996) Strateg. Manage. J. , pp. 55-84
    • Doz, Y.1
  • 13
    • 85132311172 scopus 로고
    • Patterns of control in U.S., U.K. and European multinational corporations
    • Egelhoff W.G. Patterns of control in U.S., U.K. and European multinational corporations J. Int. Bus. Stud. 15 1984 73-83
    • (1984) J. Int. Bus. Stud. , vol.15 , pp. 73-83
    • Egelhoff, W.G.1
  • 14
    • 0030500071 scopus 로고    scopus 로고
    • Nationality and subsidiary ownership patterns in multinational corporations
    • Erramilli M.K. Nationality and subsidiary ownership patterns in multinational corporations J. Int. Bus. Stud. 27 1996 225-248
    • (1996) J. Int. Bus. Stud. , vol.27 , pp. 225-248
    • Erramilli, M.K.1
  • 15
    • 85023907954 scopus 로고
    • Bargaining power of multinationals and host governments
    • Fagre N. Wells L.T. Bargaining power of multinationals and host governments J. Int. Bus. Stud. 3 1982 9-23
    • (1982) J. Int. Bus. Stud. , vol.3 , pp. 9-23
    • Fagre, N.1    Wells, L.T.2
  • 16
    • 84986029436 scopus 로고
    • Control and performance of international joint ventures
    • Geringer J.M. Hebert L. Control and performance of international joint ventures J. Int. Bus. Stud. 20 1989 235-254
    • (1989) J. Int. Bus. Stud. , vol.20 , pp. 235-254
    • Geringer, J.M.1    Hebert, L.2
  • 17
    • 84984734402 scopus 로고
    • Measuring performance of international joint ventures
    • Geringer J.M. Hebert L. Measuring performance of international joint ventures J. Int. Bus. Stud. 22 1991 249-263
    • (1991) J. Int. Bus. Stud. , vol.22 , pp. 249-263
    • Geringer, J.M.1    Hebert, L.2
  • 18
    • 84984732514 scopus 로고
    • Firm ownership preferences and host government restrictions: An integrated approach
    • Gomes-Casseres B. Firm ownership preferences and host government restrictions: an integrated approach J. Int. Bus. Stud. 21 1990 1-22
    • (1990) J. Int. Bus. Stud. , vol.21 , pp. 1-22
    • Gomes-Casseres, B.1
  • 19
    • 0004296209 scopus 로고    scopus 로고
    • Upper Saddle River (NJ): Prentice-Hall
    • Green W.H. Econometric analysis 1997 Prentice-Hall Upper Saddle River (NJ)
    • (1997) Econometric Analysis
    • Green, W.H.1
  • 20
    • 84989023439 scopus 로고
    • Understanding the rationale of strategic technology partnering: Interorganizational modes of cooperation and sectoral differences
    • Hagedoorn J. Understanding the rationale of strategic technology partnering: interorganizational modes of cooperation and sectoral differences Strateg. Manage. J. 14 1993 371-385
    • (1993) Strateg. Manage. J. , vol.14 , pp. 371-385
    • Hagedoorn, J.1
  • 21
    • 84986161693 scopus 로고
    • Competition for competence and inter-partner learning within international strategic alliances
    • Hamel G. Competition for competence and inter-partner learning within international strategic alliances Strateg. Manage. J. 12 1991 83-103
    • (1991) Strateg. Manage. J. , vol.12 , pp. 83-103
    • Hamel, G.1
  • 22
    • 0000125534 scopus 로고
    • Sample selection bias as a specification error
    • Heckman J. Sample selection bias as a specification error Econometrica 47 1979 153-161
    • (1979) Econometrica , vol.47 , pp. 153-161
    • Heckman, J.1
  • 23
    • 0001864559 scopus 로고
    • The transaction costs theory of the multinational enterprise
    • C. N. Pitelis, & R. Sugden (Eds.), New York: Routledge
    • Hennart J. The transaction costs theory of the multinational enterprise. In: Pitelis C.N. Sugden R. (Eds.), The nature of the transnational firm 1991 81-116 Routledge New York
    • (1991) The Nature of the Transnational Firm , pp. 81-116
    • Hennart, J.1
  • 24
    • 0031502583 scopus 로고    scopus 로고
    • Knowledge, bargaining power, and the instability of international joint ventures
    • Inkpen A.C. Beamish P.W. Knowledge, bargaining power, and the instability of international joint ventures Acad. Manage. Rev. 22 1997 177-202
    • (1997) Acad. Manage. Rev. , vol.22 , pp. 177-202
    • Inkpen, A.C.1    Beamish, P.W.2
  • 25
    • 0040384260 scopus 로고    scopus 로고
    • A survey on foreign manufacturing enterprises in China
    • Taipei: Chung-Hua Institution for Economic Research
    • Kao C. Chi C.K. A survey on foreign manufacturing enterprises in China vol. 3 1996 Chung-Hua Institution for Economic Research Taipei
    • (1996) , vol.3
    • Kao, C.1    Chi, C.K.2
  • 26
    • 0003892047 scopus 로고
    • Strategies for joint venture success
    • New York: Praeger
    • Killing P. Strategies for joint venture success 1983 Praeger New York
    • (1983)
    • Killing, P.1
  • 27
    • 0002587437 scopus 로고
    • Joint ventures and the option to expand and acquire
    • Kogut B. Joint ventures and the option to expand and acquire Manage. Sci. 37 1991 19-33
    • (1991) Manage. Sci. , vol.37 , pp. 19-33
    • Kogut, B.1
  • 28
    • 84986761880 scopus 로고
    • The effect of national culture on choice of entry mode
    • Kogut B. Singh H. The effect of national culture on choice of entry mode J. Int. Bus. Stud. 19 1988 411-432
    • (1988) J. Int. Bus. Stud. , vol.19 , pp. 411-432
    • Kogut, B.1    Singh, H.2
  • 29
    • 85132287483 scopus 로고
    • Bargaining power, ownership, and profitability of transnational corporations in developing countries
    • Lecraw D.J. Bargaining power, ownership, and profitability of transnational corporations in developing countries J. Int. Bus. Stud. 15 1984 27-43
    • (1984) J. Int. Bus. Stud. , vol.15 , pp. 27-43
    • Lecraw, D.J.1
  • 30
    • 0037785020 scopus 로고    scopus 로고
    • Bargaining power and the trade-off between the ownership and control of international joint ventures in China
    • Lee J.R. Chen W.R. Kao C. Bargaining power and the trade-off between the ownership and control of international joint ventures in China J. Int. Manag. 4 4 1998 353-386
    • (1998) J. Int. Manag. , vol.4 , Issue.4 , pp. 353-386
    • Lee, J.R.1    Chen, W.R.2    Kao, C.3
  • 31
    • 0000299444 scopus 로고
    • Business strategy, market structure, and performance of international joint ventures: The case of joint ventures in China
    • Luo Y. Business strategy, market structure, and performance of international joint ventures: the case of joint ventures in China Manag. Int. Rev. 35 1995 241-264
    • (1995) Manag. Int. Rev. , vol.35 , pp. 241-264
    • Luo, Y.1
  • 32
    • 0035581860 scopus 로고    scopus 로고
    • A dual parent perspective on control and performance in international joint ventures: Lessons from a developing economy
    • Luo Y. Shenjar O. Nyaw M. A dual parent perspective on control and performance in international joint ventures: lessons from a developing economy J. Int. Bus. Stud. 32 2001 41-58
    • (2001) J. Int. Bus. Stud. , vol.32 , pp. 41-58
    • Luo, Y.1    Shenjar, O.2    Nyaw, M.3
  • 33
    • 0030355085 scopus 로고    scopus 로고
    • Local knowledge transfer and performance: Implications for alliance formation in Asia
    • Makino S. Delios A. Local knowledge transfer and performance: implications for alliance formation in Asia J. Int. Bus. Stud. 27 1996 905-927 [special issue]
    • (1996) J. Int. Bus. Stud. , vol.27 , Issue.SPEC. ISSUE , pp. 905-927
    • Makino, S.1    Delios, A.2
  • 34
    • 0031530932 scopus 로고    scopus 로고
    • Control and performance in international joint ventures
    • Mjoen H. Tallman S. Control and performance in international joint ventures Organ. Sci. 8 1997 257-274
    • (1997) Organ. Sci. , vol.8 , pp. 257-274
    • Mjoen, H.1    Tallman, S.2
  • 35
    • 84986847208 scopus 로고
    • On the determinants of foreign ownership shares: Evidence from U.S. firm's joint ventures in Japan
    • Nakamura M. Yeung B. On the determinants of foreign ownership shares: evidence from U.S. firm's joint ventures in Japan MDE. Manage. Decis. Econ. 15 1994 95-106
    • (1994) MDE. Manage. Decis. Econ. , vol.15 , pp. 95-106
    • Nakamura, M.1    Yeung, B.2
  • 36
    • 0030540793 scopus 로고    scopus 로고
    • Performance issues in U.S.-China joint ventures
    • Osland E.O. Cavusgil S.T. Performance issues in U.S.-China joint ventures Calif. Manage. Rev. 38 1996 106-129
    • (1996) Calif. Manage. Rev. , vol.38 , pp. 106-129
    • Osland, E.O.1    Cavusgil, S.T.2
  • 37
    • 0030553161 scopus 로고    scopus 로고
    • Influences on foreign equity ownership level in joint ventures in China
    • Pan Y. Influences on foreign equity ownership level in joint ventures in China J. Int. Bus. Stud. 27 1996 1-26
    • (1996) J. Int. Bus. Stud. , vol.27 , pp. 1-26
    • Pan, Y.1
  • 38
    • 0003447274 scopus 로고
    • The external control of organizations
    • New York: Harper & Row
    • Pfeffer J. Salancick G.R. The external control of organizations 1978 Harper & Row New York
    • (1978)
    • Pfeffer, J.1    Salancick, G.R.2
  • 39
    • 85139677129 scopus 로고
    • Transfer pricing problems in developing countries
    • A. M. Rugman, & L. Eden (Eds.), New York: St. Martin's Press
    • Plasschaert S.R.F. Transfer pricing problems in developing countries. In: Rugman A.M. Eden L. (Eds.), Multinationals and transfer pricing 1985 247-266 St. Martin's Press New York
    • (1985) Multinationals and Transfer Pricing , pp. 247-266
    • Plasschaert, S.R.F.1
  • 40
    • 85131712884 scopus 로고
    • Government intervention in less developed countries: The experience of multinational companies
    • [Spring-Summer]
    • Poynter T.A. Government intervention in less developed countries: the experience of multinational companies J. Int. Bus. Stud. 1982 9-25 [Spring-Summer]
    • (1982) J. Int. Bus. Stud. , pp. 9-25
    • Poynter, T.A.1
  • 41
    • 0001924699 scopus 로고
    • Managing government intervention: A strategy for defending the subsidiary
    • [Winter]
    • Poynter T.A. Managing government intervention: a strategy for defending the subsidiary Columbia J. World Bus. 1986 55-65 [Winter]
    • (1986) Columbia J. World Bus. , pp. 55-65
    • Poynter, T.A.1
  • 42
    • 0032042431 scopus 로고    scopus 로고
    • The dynamics and effectiveness of international joint ventures
    • Reuer J. The dynamics and effectiveness of international joint ventures Eur. Manag. J. 16 1998 160-168
    • (1998) Eur. Manag. J. , vol.16 , pp. 160-168
    • Reuer, J.1
  • 43
    • 1542362278 scopus 로고
    • Developmental processes of cooperative interorganizational relationships
    • Ring P.S. Van de Ven A. Developmental processes of cooperative interorganizational relationships Acad. Manage. J. 19 1994 90-118
    • (1994) Acad. Manage. J. , vol.19 , pp. 90-118
    • Ring, P.S.1    Van de Ven, A.2
  • 44
    • 0002293120 scopus 로고
    • How to control a joint venture even as a minority partner
    • Schaan J.L. How to control a joint venture even as a minority partner J. Gen. Manage. 14 1 1988 4-16
    • (1988) J. Gen. Manage. , vol.14 , Issue.1 , pp. 4-16
    • Schaan, J.L.1
  • 45
    • 0001257798 scopus 로고
    • Environmental risks and joint venture sharing arrangements
    • Shan W. Environmental risks and joint venture sharing arrangements J. Int. Bus. Stud. 22 4 1991 555-578
    • (1991) J. Int. Bus. Stud. , vol.22 , Issue.4 , pp. 555-578
    • Shan, W.1
  • 46
    • 0032045325 scopus 로고    scopus 로고
    • Accounting for endogeneity when assessing strategy performance: Does entry mode choice affect FDI survival and growth?
    • Shaver J.M. Accounting for endogeneity when assessing strategy performance: does entry mode choice affect FDI survival and growth? Manage. Sci. 44 4 1998 571-585
    • (1998) Manage. Sci. , vol.44 , Issue.4 , pp. 571-585
    • Shaver, J.M.1
  • 47
    • 0009536078 scopus 로고    scopus 로고
    • Knowledge transfer in international joint ventures in transitional economies: The China experience
    • Si S.X. Bruton G.D. Knowledge transfer in international joint ventures in transitional economies: the China experience Acad. Manage. Exec. 13 1 1999 83-90
    • (1999) Acad. Manage. Exec. , vol.13 , Issue.1 , pp. 83-90
    • Si, S.X.1    Bruton, G.D.2
  • 48
    • 0001411850 scopus 로고
    • Towards an organizational theory of the transfer pricing process
    • Spicer B.H. Towards an organizational theory of the transfer pricing process Account. Organ. Soc. 13 3 1988 303-322
    • (1988) Account. Organ. Soc. , vol.13 , Issue.3 , pp. 303-322
    • Spicer, B.H.1
  • 50
    • 20444397456 scopus 로고    scopus 로고
    • Can guanxi be a source of sustained competitive advantage for doing business in China
    • Tsang E. Can guanxi be a source of sustained competitive advantage for doing business in China Acad. Manage. Exec. 12 2 1998 64-73
    • (1998) Acad. Manage. Exec. , vol.12 , Issue.2 , pp. 64-73
    • Tsang, E.1
  • 51
    • 21844490392 scopus 로고
    • Enhancing the obsolescing bargain theory: A longitudinal study of foreign ownership of U.S. and European multinationals
    • Vachani S. Enhancing the obsolescing bargain theory: a longitudinal study of foreign ownership of U.S. and European multinationals J. Int. Bus. Stud. 26 1995 159-180
    • (1995) J. Int. Bus. Stud. , vol.26 , pp. 159-180
    • Vachani, S.1
  • 52
    • 0031089627 scopus 로고    scopus 로고
    • Entering China: An unconventional approach
    • [March-April]
    • Vanhonacker W. Entering China: an unconventional approach Harvard Bus. Rev. 1997 130-140 [March-April]
    • (1997) Harvard Bus. Rev. , pp. 130-140
    • Vanhonacker, W.1
  • 53
    • 0032282773 scopus 로고    scopus 로고
    • Structure stability and reconfiguration of international joint ventures
    • Yan A. Structure stability and reconfiguration of international joint ventures J. Int. Bus. Stud. 29 4 1998 773-795
    • (1998) J. Int. Bus. Stud. , vol.29 , Issue.4 , pp. 773-795
    • Yan, A.1
  • 54
    • 0012133586 scopus 로고
    • Bargaining power, management control, and performance in United States-Chinese joint ventures: A comparative case study
    • Yan A. Gray B. Bargaining power, management control, and performance in United States-Chinese joint ventures: a comparative case study Acad. Manage. J. 37 6 1994 1478-1517
    • (1994) Acad. Manage. J. , vol.37 , Issue.6 , pp. 1478-1517
    • Yan, A.1    Gray, B.2
  • 55
    • 0040628184 scopus 로고    scopus 로고
    • International joint venture instability: A critique of previous research, a reconceptualization, and directions for future research
    • Yan A. Zeng M. International joint venture instability: a critique of previous research, a reconceptualization, and directions for future research J. Int. Bus. Stud. 30 2 1999 397-414
    • (1999) J. Int. Bus. Stud. , vol.30 , Issue.2 , pp. 397-414
    • Yan, A.1    Zeng, M.2
  • 56
    • 0003708575 scopus 로고
    • International market entry and development
    • Englewood Cliffs (NJ): Prentice-Hall
    • Young S. Hamill J. Wheeler C. Davies J.R. International market entry and development 1989 Prentice-Hall Englewood Cliffs (NJ)
    • (1989)
    • Young, S.1    Hamill, J.2    Wheeler, C.3    Davies, J.R.4


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.