Academic Activities
[Research]Multi-party international joint ventures: Multiple post-formation change processes
2012.10.01 Views 950 경영학연구분석센터
| Journal of World Business Volume 47, Issue 4, October 2012, Pages 648–663 Chris Changwha Chung (a), Paul W. Beamish (b), (1), a Korea University Business School, Korea University, Seoul, Republic of Korea b Richard Ivey School of Business, University of Western Ontario, London, Ontario, Canada http://doi.org/10.1016/j.jwb.2011.08.001 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. Keywords International joint ventures; Multi-party complexity; Multiple structural changes; Performance and survival |