The impact of partner diversity within multiparty international joint ventures
Chengang Wang and
International Business Review, 2016, vol. 25, issue 4, 883-894
Despite the significant role that multiparty international joint ventures (MPIJVs) play within multinational enterprises, we know little about the significant challenges associated with the management of these ventures. Therefore, we combine the Resource-based View of the Firm and Transaction Cost Economics to investigate the effects of the key aspects of partner diversity (i.e., variety, balance, and disparity) on MPIJV dissolution. We test our hypotheses using a dataset of 248 MPIJVs in China. We find empirical support for a U-curve shaped effect of variety and a negative linear effect of balance on MPIJV dissolution.
Keywords: Multiparty international joint ventures; Diversity; Dissolution; Resource based view; Transaction cost economics (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:iburev:v:25:y:2016:i:4:p:883-894
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