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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.
SCIMA record nr: 272301
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