How much does ownership really matter? Equity and trust relations in joint venture relationships

Anoop Madhok
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Anoop Madhok: [1] Schulich School of Business, York University, Toronto, Canada [2] †Visiting Professor, Department of Public Administration and Organization Science, Vrije University, Amsterdam, Netherlands.

Journal of International Business Studies, 2006, vol. 37, issue 1, 4-11

Abstract: In this paper, I reaffirm the role of trust in interfirm relations and make an appeal for more cross-disciplinary work to further our insights into the functioning of important phenomena of interest such as international joint ventures. I also pose a couple of fundamental questions: (1) Is ownership over-rated? That is, should we and our scholarship be so consumed with issues of ownership? (2) Is trust under-rated? In what way might we and our scholarship change if we assumed trust rather than opportunism? In what way might it change firms' attitudes and behavior towards their partnership relations?Journal of International Business Studies (2006) 37, 4–11. doi:10.1057/palgrave.jibs.8400182

Date: 2006
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