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Analyse longitudinale de l’impact du risque-pays et des différences culturelles sur la survie des coentreprises internationales au brésil entre 1974 et 2005

Author

Listed:
  • Pierre-Xavier Meschi,

    (Université d’Aix-Marseille 2)

  • Edson Luiz Riccio

    (Universidade de São Paulo, Brésil)

Abstract

(VF)L’objectif de cet article est d’identifier l’impact de deux « variables spécifiques au pays », les différences culturelles nationales et le ris-que-pays, sur la survie des coentreprises internationales formées au Brésil. Les résultats montrent que la dynamique interculturelle accroît l’instabilité des coentreprises internationales alors que leur survie ne semble pas être reliée à l’incertitude économique et politique du Brésil. De plus, il apparaît que les différences culturelles nationales ont des effets variables selon le cycle de vie des coentreprises.(VA)This article aims at identifying the impact of two « country-specific variables », namely national distance and country risk, on the survival of international joint ventures in Brazil. The empirical results show that cross-cultural dynamics increases joint venture instability whereas joint venture survival does not seem to be affected by the economic and political uncertainty of Brazil. Further-more, the national distance between local and foreign partners has effects on survival that are variable according to the joint venture life cycle.

Suggested Citation

  • Pierre-Xavier Meschi, & Edson Luiz Riccio, 2006. "Analyse longitudinale de l’impact du risque-pays et des différences culturelles sur la survie des coentreprises internationales au brésil entre 1974 et 2005," Revue Finance Contrôle Stratégie, revues.org, vol. 9(4), pages 87-111, December.
    • Handle: RePEc:dij:revfcs:v:9:y:2006:i:q4:p:87-111
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    More about this item

    Keywords

    Coentreprise; joint venture; pays émergent; analyse de survie; risque-pays; distance culturelle; emerging country; survival analysis; country risk; cultural distance.;
    All these keywords.

    JEL classification:

    • L20 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - General
    • L24 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Contracting Out; Joint Ventures

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