A dual parent perspective on control and performance in international joint ventures: Lessons from a developing economy

成果类型:
Article
署名作者:
Luo, YD; Shenkar, O; Nyaw, MK
署名单位:
University of Miami; University System of Ohio; Ohio State University; Lingnan University
刊物名称:
JOURNAL OF INTERNATIONAL BUSINESS STUDIES
ISSN/ISSBN:
0047-2506
DOI:
10.1057/palgrave.jibs.8490937
发表日期:
2001
页码:
41-58
关键词:
摘要:
This study compares the control performance relationship for foreign versus local parents in international joint ventures in China. Transaction cost analysis is found more applicable to foreign than to Chinese parents. Both overall and specific controls are associated with performance for foreign parents, while only specific control is for Chinese parents. Under goal incongruity, Chinese parent control is associated with foreign parent dissatisfaction with venture performance, but not vice-versa. Having a majority stake improves performance from a foreign parent perspective, but not from that of the Chinese parent.
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