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A meta-analysis of the exchange hazards–interfirm governance relationship: An informal institutions perspective

Author

Listed:
  • Zhi Cao

    (University of Wisconsin-Madison)

  • Yuan Li

    (Tongji University)

  • Jayanth Jayaram

    (University of South Carolina)

  • Yi Liu

    (Shanghai Jiao Tong University)

  • Fabrice Lumineau

    (Purdue University)

Abstract

The existing literature is ambiguous on how exchange hazards influence interfirm governance. Drawing on institutional theory, this study revisits this relationship by examining the moderating effects of national culture. By meta-analyzing 167 articles involving 38,183 interfirm relationships in 35 countries, we found support for the moderating effects of three facets of national culture: collectivism, power distance, and uncertainty avoidance. We discuss the implications of the findings for theory and practice.

Suggested Citation

  • Zhi Cao & Yuan Li & Jayanth Jayaram & Yi Liu & Fabrice Lumineau, 2018. "A meta-analysis of the exchange hazards–interfirm governance relationship: An informal institutions perspective," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 49(3), pages 303-323, April.
    • Handle: RePEc:pal:jintbs:v:49:y:2018:i:3:d:10.1057_s41267-017-0144-2
    DOI: 10.1057/s41267-017-0144-2
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