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Allocation of decision rights in joint ventures

✍ Scribed by J. Windsperger

Publisher
John Wiley and Sons
Year
2009
Tongue
English
Weight
138 KB
Volume
30
Category
Article
ISSN
0143-6570

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✦ Synopsis

Abstract

Previous studies in organizational economics and international business research have not tested a property rights view on the allocation of decision rights (DR) in joint ventures (JVs). The paper offers a test of the property rights explanation by using data from Hungarian JVs. Our analysis derives the following hypothesis: The more important the JV partner's intangible knowledge assets for the generation of residual surplus, the more residual DR are assigned to him. Copyright Β© 2009 John Wiley & Sons, Ltd.

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