Impact of growth strategy on mode of governance in alliances

被引:6
作者
Ortiz-de-Urbina-Criado, Marta [1 ]
Montoro-Sanchez, Angeles [2 ]
Mora-Valentin, Eva-Maria [1 ]
机构
[1] Univ Rey Juan Carlos, Fac Ciencias Jurid & Sociales, Dept Econ Empresa ADO, Madrid 28032, Spain
[2] Univ Complutense Madrid, Fac Ciencias Econ & Empresari, Dept Org Empresas, Madrid 28223, Spain
关键词
Alliance; Diversification; Expansion; Governance mode; Internationalisation; Joint venture; EQUITY JOINT VENTURES; RESOURCE-BASED VIEW; INTERNATIONAL ENTRY MODE; TRANSACTION-COST; TECHNOLOGY ALLIANCES; JAPANESE INVESTORS; DIVERSIFIED FIRMS; CHOICE; PERFORMANCE; MARKET;
D O I
10.1016/j.ibusrev.2014.01.002
中图分类号
F [经济];
学科分类号
02 ;
摘要
The aim of this study is to analyse the way in which growth strategies influence the choice of governance mode in corporate alliances. Specifically, the study looks at how expansion, diversification and internationalisation strategies determine choice of joint ventures rather than other types of alliances. To that end, we analysed a sample of 918 alliances among companies from the European Union-15 between 2000 and 2004. The results suggest that companies prefer to set up joint ventures when their strategies are based on expansion and related diversification, whereas they prefer other types of alliances when they follow a strategy of unrelated diversification. Furthermore, in international alliances, it appears that the impact of growth strategy on alliance governance mode is similar for the entire range of companies employed in the sample. (C) 2014 Elsevier Ltd. All rights reserved.
引用
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页码:838 / 848
页数:11
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