Equity control and the survival of international joint ventures: A contingency approach

Article Abstract:

The moderating effects of asset specificity and uncertainty on the relationship between foreign parent equity control and international joint venture (IJV) survival in an empirical setting of Japanese IJVs is examined. Findings suggest that in the presence of high asset specificity, high levels of foreign equity control can lead to higher IJV survival rates.

United States, Analysis, Foreign investments, Influence

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When are international managers a cost effective solution?: The rationale of transaction cost economics applied to staffing decisions in MNCs

Article Abstract:

The viability of the transaction cost perspective is tested as an explanation for firm's reliance on expatriates to manage foreign subsidiaries. A series of hypotheses are formulated around the situations in which the total costs of recruiting expatriates are lower than those generated by local managers.

Financial management, Finance, Cost benefit analysis, Company financing

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Determinants and performance impact of asymmetric governance structures in international joint ventures: an empirical investigation

Article Abstract:

No difference is found in success of asymmetrically governed international joint ventures.

Science & research, World, Research, Corporate governance

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