Multi-party international joint ventures: Multiple post-formation change processes
- Authors
- Chung, Chris Changwha; Beamish, Paul W.
- Issue Date
- 10월-2012
- Publisher
- ELSEVIER SCIENCE INC
- Keywords
- International joint ventures; Multi-party complexity; Multiple structural changes; Performance and survival
- Citation
- JOURNAL OF WORLD BUSINESS, v.47, no.4, pp.648 - 663
- Indexed
- SSCI
SCOPUS
- Journal Title
- JOURNAL OF WORLD BUSINESS
- Volume
- 47
- Number
- 4
- Start Page
- 648
- End Page
- 663
- URI
- https://scholar.korea.ac.kr/handle/2021.sw.korea/107307
- DOI
- 10.1016/j.jwb.2011.08.001
- ISSN
- 1090-9516
- Abstract
- Research on multi-party IJVs has been limited to a static context. Little attention has been paid to analyzing dynamic post-formation change processes. This study investigates the evolving influences of multi-party IJV complexity on performance in a dynamic context where the multi-party IJV goes through multiple waves of structural change. Using a static context, some previous studies found support for a negative impact of multi-party complexity on performance, while others did not. Analyzing 2652 multi-party IJVs over a period of 17 years, we attempt to reconcile previous work by investigating whether there is a threshold beyond which the negative impact of multi-party complexity on performance becomes salient. (C) 2011 Elsevier Inc. All rights reserved.
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