Multiparty cooperation and performance in international equity joint ventures

Yadong Luo and Seung H Park
Additional contact information
Yadong Luo: Department of Management, University of Miami, Coral Gables, USA
Seung H Park: CEIBS/Rutgers University, Shanghai, PRC

Journal of International Business Studies, 2004, vol. 35, issue 2, 142-160

Abstract: Previous studies have examined the relationship between cooperation and performance in international equity joint ventures (EJVs), mostly at the partner level. This study revisits the issue at multiple levels, and considers vertical and horizontal cooperation among the foreign partners, the local partner, and the venture management team. The study also examines how goal incongruence between partners and market uncertainty affect the tripartite relationships between cooperation and performance. The test results show a strong positive impact of cooperation between partners on performance as perceived both by the partners and by the venture management team. One partner's cooperation with the venture management team is perceived favorably by that party but not necessarily by the other party unless both partners share the same goal. Market uncertainty requires stronger cooperation at all levels to improve performance in EJVs. Journal of International Business Studies (2004) 35, 142–160. doi:10.1057/palgrave.jibs.8400072

Date: 2004
References: Add references at CitEc
Citations: View citations in EconPapers (46)

Downloads: (external link)
http://www.palgrave-journals.com/jibs/journal/v35/n2/pdf/8400072a.pdf Link to full text PDF (application/pdf)
http://www.palgrave-journals.com/jibs/journal/v35/n2/full/8400072a.html Link to full text HTML (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:jintbs:v:35:y:2004:i:2:p:142-160

Ordering information: This journal article can be ordered from
http://www.springer. ... nt/journal/41267/PS2

Access Statistics for this article

Journal of International Business Studies is currently edited by John Cantwell

More articles in Journal of International Business Studies from Palgrave Macmillan, Academy of International Business
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().