Control of international joint ventures

Description
Prior research has found that many international joint ventures (IJVs) fail. Some authors have suggested that control
problems are one of the primary causes of IJV failures. However, little IJV-related research has focused on control
issues. This paper reports the results of a largely exploratory study of the control practices employed by partners
involved in three arguably successful IJVs. The study found some control-system similarities among the three IJVs, but
it also found signi®cant di€erences related to the use of dispute-settling mechanisms, control focus (broad vs. narrow),
and control tightness.

doc_756344292.pdf
 

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