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Management-performance relationships in UK joint ventures

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  • Glaister, Keith W.
  • Buckley, Peter J.

Abstract

This paper investigates the management-performance relationship for a sample of UK international joint ventures with partners from developed market economies. Management control is identified in terms of mechanism, extent and focus. Joint venture performance is evaluated by two subjective measures and two objective measures. The findings of the study are, first, that subjective measures of performance are not more significantly associated with the dimensions of management control than are objective measures of performance. Second, where partners dominate or have responsibility for management control they view performance more favourably than partners that do not have dominant management control. Finally, somewhat counter-intuitively the study finds that the nature of management control does not vary with the duration of joint ventures.

Suggested Citation

  • Glaister, Keith W. & Buckley, Peter J., 1998. "Management-performance relationships in UK joint ventures," International Business Review, Elsevier, vol. 7(3), pages 235-257, June.
    • Handle: RePEc:eee:iburev:v:7:y:1998:i:3:p:235-257
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    Cited by:

    1. Wanida Wadeecharoen & Athiwat Kanjanavanikul & Sombat Teekasap, 2014. "The Consequence Of Partner Relationship Quality To Predict The Successful Performance Of Small And Medium Enterprises (Smes) International Joint Ventures (Ijvs) In Thailand Industrial Sectors," IBT Journal of Business Studies (JBS), Ilma University, Faculty of Management Science, vol. 10(1), pages 10-11.
    2. Ming-Chang Huang & Ya-Ping Chiu, 2014. "The antecedents and outcome of control in IJVs: A control gap framework," Asia Pacific Journal of Management, Springer, vol. 31(1), pages 245-269, March.
    3. Ancarani, Alessandro & Di Mauro, Carmela & Fratocchi, Luciano & Orzes, Guido & Sartor, Marco, 2015. "Prior to reshoring: A duration analysis of foreign manufacturing ventures," International Journal of Production Economics, Elsevier, vol. 169(C), pages 141-155.
    4. Byung Park, 2010. "What matters to managerial knowledge acquisition in international joint ventures? High knowledge acquirers versus low knowledge acquirers," Asia Pacific Journal of Management, Springer, vol. 27(1), pages 55-79, March.
    5. Nguyen, Huu Le & Larimo, Jorma & Wang, Yi, 2019. "Control, innovation and international joint venture performance: The moderating role of internal and external environments," International Business Review, Elsevier, vol. 28(6), pages 1-1.
    6. Wanida Wadeecharoen & Athiwat Kanjanavanikul & Sombat Teekasap, 2014. "The Consequence Of Partner Relationship Quality To Predict The Successful Performance Of Small And Medium Enterprises (Smes) International Joint Ventures (Ijvs) In Thailand Industrial Sectors," IBT Journal of Business Studies (JBS), Ilma University, Faculty of Management Science, vol. 10(1), pages 1-22.
    7. Pangarkar, Nitin, 2008. "Internationalization and performance of small- and medium-sized enterprises," Journal of World Business, Elsevier, vol. 43(4), pages 475-485, October.

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