Title
Do multiple parents help or hinder international joint venture performance? The mediating roles of contract completeness and partner cooperation
Document Type
Journal article
Source Publication
Strategic Management Journal
Publication Date
10-1-2007
Volume
28
Issue
10
First Page
1021
Last Page
1034
Keywords
Contract completeness, Joint venture performance, Mediation, Number of parents, Partner cooperation, Transaction cost economics
Abstract
We develop a mediation model in which the number of partners in a joint venture affects venture performance through contract completeness and partner cooperation. In a sample of 224 international joint ventures, we find that the number of partners is negatively related to venture contract completeness and partner cooperation, both of which are positively related to joint venture performance. The number of partners is inversely related to joint venture performance and the relationship is mediated by contract completeness and partner cooperation. We discuss theoretical and managerial implications for joint venture research and practice.
DOI
10.1002/smj.626
Print ISSN
01432095
E-ISSN
10970266
Publisher Statement
Copyright © 2007 John Wiley & Sons, Ltd
Access to external full text or publisher's version may require subscription.
Full-text Version
Publisher’s Version
Language
English
Recommended Citation
Gong, Y., Shenkar, O., Luo, Y., & Nyaw, M.-K. (2007). Do multiple parents help or hinder international joint venture performance? The mediating roles of contract completeness and partner cooperation. Strategic Management Journal, 28(10), 1021-1034. doi: 10.1002/smj.626
