Meta-analyses of International Joint Venture Performance Determinants |
| |
Authors: | Taco H Reus Daniel Rottig |
| |
Affiliation: | (1) Department of Business-Society Management, Rotterdam School of Management, Erasmus University, Rotterdam, The Netherlands;(2) Department of Management, Lutgert college of Business, Florida Gulf Coast University, Fort Myers, USA |
| |
Abstract: |
•
|
While research on international joint ventures (IJVs) has intensified over the last few decades, numerous reviewers have criticized
the field for lack of accumulation. We use meta-analytic techniques to quantitatively synthesize and evaluate agency theory
and the behavioral perspective in their ability to explain IJV performance variance. Overall, we find support for these theories
but moderator analyses unveil important effects of artifactual variables, and point to a unique character of IJVs in China.
|
•
|
Based on meta-analyses of 165 effect sizes from 61 independent samples and a total of 26,927 IJVs, the results offer overall
support for a hypothesized path model grounded in agency theory and the behavioral perspective. However, only 19 percent of
the variance in IJV performance is accounted for, indicating a need to explore other underexplored variables. We do not find
evidence that hierarchical control is associated with partner conflict. Closer examination shows that for IJVs in China such
control lowers partner conflict, while for IJVs in other countries it amplifies partner conflict. The effects of partner conflict
on IJV performance are less harmful for Chinese joint ventures than for joint ventures in other countries. Furthermore, while
objective measures of cultural distance show a weak positive effect on IJV performance, subjective measures show a negative
effect.
|
|
| |
Keywords: | |
本文献已被 SpringerLink 等数据库收录! |
|