search query: @indexterm Strategic management / total: 1889
reference: 47 / 1889
Author: | Hoetker, G. Mellewigt, T. |
Title: | Choice and performance of governance mechanisms: Matching alliance governance to asset type |
Journal: | Strategic Management Journal
2009 : OCT, VOL: 30:10, p. 1025-1044 |
Index terms: | strategic management alliances telecommunications industry Germany |
Freeterms: | governance |
Language: | eng |
Abstract: | In strategic alliances, formal and relational governance (here as: gov.) mechanisms (hereafter as: f-and-r-gov-msms.) are used in order to coordinate resources and alleviate the risk of opportunistic behaviour. Based on data of the gov. choices and subsequent performance (as: perf.) of alliances in the German telecommunications industry, the optimal configuration of f-and-r-gov-msms. is found to be dependent on the assets involved in an alliance, with formal mechanisms best suited to property-based assets and relational gov. best suited to knowledge-based assets. Moreover, the perf. of the alliance can be harmed by a mismatch btw. asset type and gov. mechanisms. |
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