DC Field | Value | Language |
---|---|---|
dc.contributor.author | Chang, SeaJin | ko |
dc.contributor.author | Chung, Jaiho | ko |
dc.contributor.author | Moon, Jon Jungbien | ko |
dc.date.accessioned | 2014-11-25T10:20:44Z | - |
dc.date.available | 2014-11-25T10:20:44Z | - |
dc.date.created | 2013-02-26 | - |
dc.date.created | 2013-02-26 | - |
dc.date.created | 2013-02-26 | - |
dc.date.issued | 2013-03 | - |
dc.identifier.citation | STRATEGIC MANAGEMENT JOURNAL, v.34, no.3, pp.317 - 337 | - |
dc.identifier.issn | 0143-2095 | - |
dc.identifier.uri | http://hdl.handle.net/10203/191215 | - |
dc.description.abstract | This study explores when wholly owned subsidiaries outperform joint ventures with local partners. In order to avoid the endogeneity problem inherent in foreign subsidiaries' operating mode decisions that might confound performance measurement, we employ the propensity score matching method, along with the difference-in-differences approach, and compare the performances of joint ventures turned wholly owned subsidiaries vis-à-vis continuing joint ventures. Based on foreign subsidiaries' financial data in China for 1998–2006, we find strong evidence that converted wholly owned subsidiaries outperform continuing joint ventures in industries characterized by high levels of intangible assets such as technology or brand, after controlling for factors that may affect the conversion decision. This finding is consistent with the prediction of transaction cost theory. | - |
dc.language | English | - |
dc.publisher | WILEY-BLACKWELL | - |
dc.title | When do wholly owned subsidiaries perform better than joint ventures? | - |
dc.type | Article | - |
dc.identifier.wosid | 000313905200004 | - |
dc.identifier.scopusid | 2-s2.0-84872800248 | - |
dc.type.rims | ART | - |
dc.citation.volume | 34 | - |
dc.citation.issue | 3 | - |
dc.citation.beginningpage | 317 | - |
dc.citation.endingpage | 337 | - |
dc.citation.publicationname | STRATEGIC MANAGEMENT JOURNAL | - |
dc.identifier.doi | 10.1002/smj.2016 | - |
dc.contributor.localauthor | Chang, SeaJin | - |
dc.contributor.nonIdAuthor | Chung, Jaiho | - |
dc.contributor.nonIdAuthor | Moon, Jon Jungbien | - |
dc.type.journalArticle | Article | - |
dc.subject.keywordAuthor | joint venture termination | - |
dc.subject.keywordAuthor | entry mode choice | - |
dc.subject.keywordAuthor | wholly owned subsidiaries | - |
dc.subject.keywordAuthor | subsidiary performance | - |
dc.subject.keywordAuthor | transaction cost theory | - |
dc.subject.keywordPlus | ENTRY MODE | - |
dc.subject.keywordPlus | UNITED-STATES | - |
dc.subject.keywordPlus | STRATEGIC ALLIANCES | - |
dc.subject.keywordPlus | DIRECT-INVESTMENT | - |
dc.subject.keywordPlus | FIRM PERFORMANCE | - |
dc.subject.keywordPlus | PROPENSITY SCORE | - |
dc.subject.keywordPlus | FOREIGN | - |
dc.subject.keywordPlus | PRODUCTIVITY | - |
dc.subject.keywordPlus | CHINA | - |
dc.subject.keywordPlus | TRANSACTION | - |
Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.