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Author: | Burton, B. |
Title: | Corporate collaborative activity: exploratory evidence on the determinants of vehicle choice |
Journal: | European Journal of Finance
2010 : APR-JUN, VOL. 16:3-4, p. 201-225 |
Index terms: | joint business ventures alliances contracts agency theory transaction costs United Kingdom |
Freeterms: | corporate collaborative vehicle choice |
Language: | eng |
Abstract: | Based on a sample of 441 announcements made by UK firms and analyzes the factors that affect the selection of a contract, alliance or joint venture for collaborative activity.this paper considers that agency- or transaction cost economics-based explanations of vehicle choice, the decision does appear to have a strategic element. The results demonstrating that while the three forms of inter-firm arrangement are often viewed as points on a continuum, the key decision relates to whether or not to establish a joint venture. |
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