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| Tekijä: | Makino, S. (et al.) |
| Otsikko: | Intended and unintended termination of international joint ventures |
| Lehti: | Strategic Management Journal
2007 : NOV, VOL. 28:11, p. 1113-1132 |
| Asiasana: | international joint business ventures contracts strategic planning conflict management |
| Vapaa asiasana: | partnerships |
| Kieli: | eng |
| Tiivistelmä: | It is proposed in this study that international joint ventures (IJVs) are terminated either when the initial purposes of the formation of the IJV have been achieved (intended termination, here as: ind-trm.), or when emerging unanticipated contingencies impede the continuation of IJV*s operation (unintended termination, here as: und-trm.). The study examines the factors affecting ind-trm. and und-trm. and the longevity of IJVs. Among others, it is shown that appr. 90 percent of all IJV terminations are und-trm. and 10 percent ind-trm., and that the frequency of ind-trm. and und-trm. varies noticeably depending on the initial purposes of formation. This suggests that the termination of IJVs is significantly contingent on their formation etc. |
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