3期

最新文章

• Control-cooperation interfaces in global strategic alliances: a situational typology and strategic responses AI翻译
  作者：Luo, Yadong; Shenkar, Oded; Gurnani, Haresh
  作者单位：University of Miami; University System of Ohio; Ohio State University
  摘要：This article applies the dialectical logic of loose coupling to interpartner exchanges in order to analyze the dynamics of global strategic alliances. We develop a typology of control and cooperation that defines alliance states or situations according to their level of cooperation under private and collective control. In the private control-cooperation interplay, contending, honeymoon, and coopetition situations arise, depending on the levels of private control and cooperation. In the collect...
• The evolution and internalization of international joint ventures in a transitioning economy AI翻译
  作者：Steensma, H. Kevin; Barden, Jeffrey Q.; Dhanaraj, Charles; Lyles, Marjorie; Tihanyi, Laszlo
  作者单位：University of Washington; University of Washington Seattle; Grenoble Ecole Management; Indiana University System; IU Kelley School of Business; Indiana University Indianapolis; Texas A&M University System; Texas A&M University College Station
  摘要：Although international joint ventures (IJVs) may mature over time and develop competitive viability, they maintain some risk of instability owing to their shared ownership. Such instability can ultimately lead to their internalization by one of the partners. In this study, we consider factors that influence (1) whether IJVs evolve toward becoming a wholly owned subsidiary, and (2) which parent (foreign or local) gains ownership of the venture. We use a sample of Hungarian joint ventures, and f...
• The performance implications of relationship banking during macroeconomic expansion and contraction: a study of Japanese banks' social relationships and overseas expansion AI翻译
  作者：Wan, William P.; Yiu, Daphne W.; Hoskisson, Robert E.; Kim, Heechun
  作者单位：Texas Tech University System; Texas Tech University; Chinese University of Hong Kong; Arizona State University; Arizona State University-Tempe
  摘要：We propose a social perspective emphasizing the opportunities and constraints of bank-firm relationships to understand the determinants of relationship banks' performance, using Japanese banks to test our theory. Using social exchange and role theories, we found banks that have strong social relationships performed differently during Japan's macroeconomic expansion and contraction cycles. However, our results indicate that social exchange and role relationships are context-specific: banks bene...
• Relational ties or customized contracts? An examination of alternative governance choices in China AI翻译
  作者：Zhou, Kevin Zheng; Poppo, Laura; Yang, Zhilin
  作者单位：University of Hong Kong; University of Kansas; City University of Hong Kong
  摘要：As business transactions become more complex in China - an increasingly market-driven economy - are managers more likely to employ relational ties or contracts? Consistent with the view that personal institutions govern transactions in China, our analysis of 361 buyer-supplier exchanges indicates that managers rely more on relational ties as asset specificity and uncertainty increase. We also find some support that impersonal institutions govern market transactions: as uncertainty increases, m...
• The motives for international acquisitions: capability procurements, strategic considerations, and the role of ownership structures AI翻译
  作者：Chen, Shih-Fen S.
  作者单位：Western University (University of Western Ontario); University Western Ontario Hospital
  摘要：Multinationals can start up greenfield entities or acquire existing firms to enter foreign nations. Regardless of the choice of greenfield investment vs acquisition, they can control full equity (i.e., wholly owned subsidiaries) or share ownership with local partners (i.e., joint ventures). Depending on the stake taken in the targets, therefore, international acquisitions can be classified into two major categories - full or partial - although this distinction is missing in most previous studi...
• Does psychic distance moderate the market size - entry sequence relationship? AI翻译
  作者：Ellis, Paul D.
  作者单位：Hong Kong Polytechnic University
  摘要：An analysis of 924 foreign market entries made by a sample of Chinese exporters reveals that psychic distance moderates the relationship between foreign market size and entry sequence. In doing so, this study challenges the extant hypothesis that the establishment of foreign operations conforms to a simple pattern of increasing psychic distance to markets. The findings also reveal that psychic distance is asymmetrical in nature, and that assessments made by sellers and their buyers are inheren...