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- Publisher Website: 10.1016/j.jbusres.2017.03.009
- Scopus: eid_2-s2.0-85019044635
- WOS: WOS:000401882200011
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Article: Government role, governance mechanisms, and foreign partner opportunism in IJVs
Title | Government role, governance mechanisms, and foreign partner opportunism in IJVs |
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Authors | |
Keywords | Contract specificity Foreign partner opportunism IJV Institutions Shared vision |
Issue Date | 2017 |
Publisher | Elsevier Inc. The Journal's web site is located at http://www.elsevier.com/locate/jbusres |
Citation | Journal of Business Research, 2017, v. 76, p. 98-107 How to Cite? |
Abstract | Although institutional environments are important determinants of transaction costs in IJV management and performance, prior studies have paid limited attention to their impacts on partner opportunism. Building on institution theory, this study examines how the characteristics of the host country government affect IJV foreign partner opportunism. The authors posit that host government resource dependence and policy uncertainty increase foreign partner opportunism, and their impacts are constrained by formal (i.e., contract specificity) and informal (i.e., shared vision) governance mechanisms, respectively. The empirical results from a primary survey of IJVs show that contract specificity is effective in curtailing the effect of resource dependence on foreign partner opportunism. In contrast, shared vision weakens the effect of policy uncertainty on foreign partner opportunism. These findings provide important research and managerial implications on how to manage foreign partner opportunism in IJVs. |
Persistent Identifier | http://hdl.handle.net/10722/241679 |
ISSN | 2023 Impact Factor: 10.5 2023 SCImago Journal Rankings: 3.128 |
ISI Accession Number ID |
DC Field | Value | Language |
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dc.contributor.author | Wang, L | - |
dc.contributor.author | Sheng, S | - |
dc.contributor.author | Wu, S | - |
dc.contributor.author | Zhou, KZ | - |
dc.date.accessioned | 2017-06-20T01:47:03Z | - |
dc.date.available | 2017-06-20T01:47:03Z | - |
dc.date.issued | 2017 | - |
dc.identifier.citation | Journal of Business Research, 2017, v. 76, p. 98-107 | - |
dc.identifier.issn | 0148-2963 | - |
dc.identifier.uri | http://hdl.handle.net/10722/241679 | - |
dc.description.abstract | Although institutional environments are important determinants of transaction costs in IJV management and performance, prior studies have paid limited attention to their impacts on partner opportunism. Building on institution theory, this study examines how the characteristics of the host country government affect IJV foreign partner opportunism. The authors posit that host government resource dependence and policy uncertainty increase foreign partner opportunism, and their impacts are constrained by formal (i.e., contract specificity) and informal (i.e., shared vision) governance mechanisms, respectively. The empirical results from a primary survey of IJVs show that contract specificity is effective in curtailing the effect of resource dependence on foreign partner opportunism. In contrast, shared vision weakens the effect of policy uncertainty on foreign partner opportunism. These findings provide important research and managerial implications on how to manage foreign partner opportunism in IJVs. | - |
dc.language | eng | - |
dc.publisher | Elsevier Inc. The Journal's web site is located at http://www.elsevier.com/locate/jbusres | - |
dc.relation.ispartof | Journal of Business Research | - |
dc.rights | Posting accepted manuscript (postprint): © <year>. This manuscript version is made available under the CC-BY-NC-ND 4.0 license http://creativecommons.org/licenses/by-nc-nd/4.0/ | - |
dc.subject | Contract specificity | - |
dc.subject | Foreign partner opportunism | - |
dc.subject | IJV | - |
dc.subject | Institutions | - |
dc.subject | Shared vision | - |
dc.title | Government role, governance mechanisms, and foreign partner opportunism in IJVs | - |
dc.type | Article | - |
dc.identifier.email | Wang, L: wanglw@hku.hk | - |
dc.identifier.email | Zhou, KZ: kevinz@hkucc.hku.hk | - |
dc.identifier.authority | Zhou, KZ=rp01127 | - |
dc.identifier.doi | 10.1016/j.jbusres.2017.03.009 | - |
dc.identifier.scopus | eid_2-s2.0-85019044635 | - |
dc.identifier.hkuros | 272482 | - |
dc.identifier.volume | 76 | - |
dc.identifier.spage | 98 | - |
dc.identifier.epage | 107 | - |
dc.identifier.isi | WOS:000401882200011 | - |
dc.publisher.place | United States | - |
dc.identifier.issnl | 0148-2963 | - |