Agency costs and the structure and performance of international joint ventures

被引:13
作者
Geringer, JM [1 ]
Woodcock, CP [1 ]
机构
[1] UNIV OTTAWA,FAC ADM,OTTAWA,ON K1N 6N5,CANADA
关键词
joint ventures; strategic alliances; agency theory; international business;
D O I
10.1007/BF01384791
中图分类号
C93 [管理学];
学科分类号
12 ; 1201 ; 1202 ; 120202 ;
摘要
This article develops a principal-agent contractual model for the issue of the structure and performance of international joint ventures. From this model, hypotheses are generated relating the number of partners in a joint venture and the cross-cultural divergence of the partners with joint venture performance. These hypotheses are empirically assessed using a population of over 3,500 developed-country joint ventures.
引用
收藏
页码:453 / 467
页数:15
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