AGENCY COSTS AND THE STRUCTURE AND PERFORMANCE OF INTERNATIONAL JOINTVENTURES

Authors
GERINGER JM WOODCOCK CP
Citation
Jm. Geringer et Cp. Woodcock, AGENCY COSTS AND THE STRUCTURE AND PERFORMANCE OF INTERNATIONAL JOINTVENTURES, Group decision and negotiation, 4(5), 1995, pp. 453-467
Citations number
51
Categorie Soggetti
Management,"Social, Sciences, Interdisciplinary
Journal title
Group decision and negotiation → ACNP
ISSN journal
09262644
Volume
4
Issue
5
Year of publication
1995
Pages
453 - 467
Database
ISI
SICI code
0926-2644(1995)4:5<453:ACATSA>2.0.ZU;2-U
Abstract
This article develops a principal-agent contractual model for the issu e of the structure and performance of international joint ventures. Fr om this model, hypotheses are generated relating the number of partner s in a joint venture and the cross-cultural divergence of the partners with joint venture performance. These hypotheses are empirically asse ssed using a population of over 3,500 developed-country joint ventures .