کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
1020377 940868 2011 9 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
Anticipated duration of international joint ventures: A transaction cost perspective
موضوعات مرتبط
علوم انسانی و اجتماعی مدیریت، کسب و کار و حسابداری کسب و کار و مدیریت بین المللی
پیش نمایش صفحه اول مقاله
Anticipated duration of international joint ventures: A transaction cost perspective
چکیده انگلیسی

Many international joint ventures have a pre-determined duration in the formation contract. However, what influences the ex ante anticipated duration has not been well researched. In this study, we applied the autonomy versus cooperation adaptability of transaction costs economics to examine the pre-determined duration of joint ventures. We developed hypotheses based on the argument of asset specificity, small numbers problem, and environmental uncertainties. Based on a sample of 7049 international joint ventures in China (1979–1996), we find that the longer anticipated duration is associated with bigger asset investment, higher local government affiliation, and lower host country risk. This study provides new insights on the research regarding the longevity of joint ventures.

ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Journal of International Management - Volume 17, Issue 2, June 2011, Pages 175–183
نویسندگان
, , ,