A dual parent perspective on control and performance in international joint ventures : lessons from a developing economy
Document Type
Journal article
Source Publication
Journal of International Business Studies
Publication Date
3-1-2001
Volume
32
Issue
1
First Page
41
Last Page
58
Abstract
This study compares the control performance relationship for foreign versus local parents in international joint ventures in China. Transaction cost analysis is found more applicable to foreign than to Chinese parents. Both overall and specific controls are associated with performance for foreign parents, while only specific control is for Chinese parents. Under goal incongruity, Chinese parent control is associated with foreign parent dissatisfaction with venture performance, but not vice-versa. Having a majority stake improves performance from a foreign parent perspective, but not from that of the Chinese parent.
DOI
10.1057/palgrave.jibs.8490937
Print ISSN
00472506
Publisher Statement
Copyright © 2001, Macmillan Publishers Ltd
Access to external full text or publisher's version may require subscription.
Full-text Version
Publisher’s Version
Language
English
Recommended Citation
Luo, Y., Shenkar, O., & Nyaw, M.-K. (2001). A dual parent perspective on control and performance in international joint ventures: Lessons from a developing economy. Journal of International Business Studies, 32(1), 41-58. doi: 10.1057/palgrave.jibs.8490937