The DOI matches its Crossref record; 92 of the 92 references it cites were found in a registry or an index.
Are joint venture partners more opportunistic in a more volatile environment?
Abstract
This study examines how joint venture partners' opportunism is influenced by environmental volatility in a drastically changing emerging economy. Building on transaction cost and information‐processing theories, we develop the hypothesis that opportunism increases to cope with industry structural instability, information unverifiability, and law unenforceability, the three interrelated yet distinct characteristics that jointly describe environmental volatility in an emerging economy. Our analysis of 188 foreign joint ventures in an emerging market suggests that opportunism increases with information unverifiability and law unenforceability. These relationships are even stronger when joint ventures depend more on the host country environment, but weaker when joint ventures operate in faster‐growing industries. Finally, opportunism is found to play a mediating role in the relationship between environmental volatility and joint venture performance. Copyright © 2007 John Wiley & Sons, Ltd.
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Cited by
Lui, S. S., Wong, Y.-Y., & Liu, W. (2009) · Journal of Business Research · doi:10.1016/j.jbusres.2008.08.003 · Cited by 300
Trust across borders: buyer-supplier trust in global business-to-business E-commerce.
Hong Kong University of Science and Technology, Koh, T., Fichman, M., Carnegie Mellon University, Kraut, R., & Carnegie Mellon University (2012) · Journal of the Association for Information Systems · doi:10.17705/1jais.00316 · Cited by 73
Metadata
- Authors
- Luo, Y.
- Venue
- Strategic Management Journal
- Publisher
- Wiley
- Published
- 2006-11-29
- Volume
- 28
- Issue
- 1
- Pages
- 39-60
- ISSN
- 0143-2095 (ISSN-L)
- 1097-0266
- OpenAlex
- W2163311133
- Cited by
- 369
- References
- 92
- FWCI
- 25.66
- Type
- journal article
- Language
- en
- Open access
- closed
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