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Multi-party international joint ventures: Multiple post-formation change processes

Chris Changwha Chung and Paul W. Beamish

Journal of World Business, 2012, vol. 47, issue 4, 648-663

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 (search for similar items in EconPapers)
Date: 2012
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Citations: View citations in EconPapers (13)

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DOI: 10.1016/j.jwb.2011.08.001

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