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- W1890777881 abstract "The last two decades have witnessed substantial scholarly interest in corporate boards, yet little research has been devoted to boards of international joint ventures (IJVs). We combine the corporate governance and alliance governance literatures in order to study this important ex post governance mechanism for IJVs. We identify a fundamental tension inherent in IJVs, which arises from the unique features of this organizational form and influences the level of involvement by their boards. International joint ventures are hybrid organizational forms that can require administrative control to facilitate monitoring and coordinated adaptation in the presence of exchange hazards. At the same time, the fact that IJVs operate in different host countries can make it efficient to delegate authority to local management for certain collaborations. In investigating the determinants of IJV board involvement, we therefore examine characteristics of IJVs that reflect this underlying tension. We conclude that board involvement reflects efficiency considerations in individual ventures, and the administrative control provided by boards is an important dimension of IJV governance." @default.
- W1890777881 created "2016-06-24" @default.
- W1890777881 creator A5008602905 @default.
- W1890777881 creator A5023185369 @default.
- W1890777881 creator A5040781591 @default.
- W1890777881 date "2013-09-11" @default.
- W1890777881 modified "2023-09-23" @default.
- W1890777881 title "Board involvement in international joint ventures" @default.
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- W1890777881 doi "https://doi.org/10.1002/smj.2173" @default.
- W1890777881 hasPublicationYear "2013" @default.
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