The increased number of perspectives on joint ventures (JVs) raises important issues for theory development on interfirm collaboration. In this paper, we bring together two key theoretical perspectives on joint ventures-the asymmetric information perspective and the indigestibility view. On a theore
Performance of international joint ventures: evidence for West Africa
โ Scribed by Agyenim Boateng; Keith W. Glaister
- Publisher
- Elsevier Science
- Year
- 2002
- Tongue
- English
- Weight
- 101 KB
- Volume
- 11
- Category
- Article
- ISSN
- 0969-5931
No coin nor oath required. For personal study only.
โฆ Synopsis
Performance of international joint ventures (IJVs) has been an overarching theme of research over the past two decades. In the context of West Africa, however, IJV performance has received scant attention. This paper examines a number of aspects of performance of 57 IJVs in the West Africa context. Multivariate analysis shows that partner capabilities, capital adequacy, congruity of motives and goals are significant determinants of performance. Level of control was found to have a negative impact on performance. A further significant finding is that over a number of dimensions IJVs with a private sector host partner are perceived to perform better than IJVs with the host government as a partner.
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