Do Multiple Parents Help or Hinder International Joint Venture Performance? The Mediating Roles of Contract Completeness and Partner Cooperation

HKUST Business School Research Paper Series No. 07-27

Strategic Management Journal, Forthcoming

Posted: 31 Aug 2007

See all articles by Yaping Gong

Yaping Gong

Hong Kong University of Science & Technology (HKUST)

Oded Shenkar

Ohio State University (OSU) - Human Resource Research

Yadong Luo

University of Miami - Department of Management

Mee-Kau Nyaw

Sun Yat-Sen University (SYSU) - Lingnan (University) College

Abstract

We develop a mediation model in which the number of partners in a joint venture affects venture performance through contract completeness and partner cooperation. In a sample of 224 international joint ventures, we find that the number of partners is negatively related to venture contract completeness and partner cooperation, both of which are positively related to joint venture performance. The number of partners is inversely related to joint venture performance and the relationship is mediated by contract completeness and partner cooperation. We discuss theoretical and managerial implications for joint venture research and practice.

Keywords: number of parents, partner cooperation, contract completeness, joint venture performance, transaction cost economics, mediation

Suggested Citation

Gong, Yaping and Shenkar, Oded and Luo, Yadong and Nyaw, Mee-Kau, Do Multiple Parents Help or Hinder International Joint Venture Performance? The Mediating Roles of Contract Completeness and Partner Cooperation. HKUST Business School Research Paper Series No. 07-27; Strategic Management Journal, Forthcoming. Available at SSRN: https://ssrn.com/abstract=1009382

Yaping Gong (Contact Author)

Hong Kong University of Science & Technology (HKUST) ( email )

Clearwater Bay
Kowloon, 999999
Hong Kong

Oded Shenkar

Ohio State University (OSU) - Human Resource Research ( email )

700 Fisher Hall
2100 Neil Avenue
Columbus, OH 43210-1144
United States

Yadong Luo

University of Miami - Department of Management ( email )

United States

Mee-Kau Nyaw

Sun Yat-Sen University (SYSU) - Lingnan (University) College ( email )

135 Xingang Xi Road
Tuen Mun
Guangzhou, Guangzhou 510275
China

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