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Author:Mjoen, H.
Tallman, S.
Title:Control and performance in international joint ventures
Journal:Organization Science
1997 : MAY-JUN, VOL. 8:3, p. 257-274
Index terms:INTERNATIONAL
JOINT BUSINESS VENTURES
COMPANY CONTROL
COMPANY PERFORMANCE
Language:eng
Abstract:This paper examines the meaning of control in international joint ventures (IJV) and the relationships of potential means of control in the organizations to the performance satisfaction of the foreign partner. A conceptual model provides a traditional ownership-focused internalization perspective on those issues and an integrated approach combining a broader transaction cost interpretation of control with a resource input-based bargaining power model. Data form a survey of managers in Norwegian multinational firms having at least one IJV was used to test the model and compare the theoretical relationships. The results reject the traditional internalization approach to IJV governance that relies on ownership share to delineate degree of control.
SCIMA record nr: 161472
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