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Multi-party international joint ventures: Multiple post-formation change processes

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  • Chung, Chris Changwha
  • Beamish, Paul W.

Abstract

Research on multi-party IJVs has been limited to a static context. Little attention has been paid to analyzing dynamic post-formation change processes. This study investigates the evolving influences of multi-party IJV complexity on performance in a dynamic context where the multi-party IJV goes through multiple waves of structural change. Using a static context, some previous studies found support for a negative impact of multi-party complexity on performance, while others did not. Analyzing 2652 multi-party IJVs over a period of 17 years, we attempt to reconcile previous work by investigating whether there is a threshold beyond which the negative impact of multi-party complexity on performance becomes salient.

Suggested Citation

  • Chung, Chris Changwha & Beamish, Paul W., 2012. "Multi-party international joint ventures: Multiple post-formation change processes," Journal of World Business, Elsevier, vol. 47(4), pages 648-663.
    • Handle: RePEc:eee:worbus:v:47:y:2012:i:4:p:648-663
    DOI: 10.1016/j.jwb.2011.08.001
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