Management control structures and performance implications in international construction joint ventures: critical survey and conceptual framework

被引:6
作者
Tetteh, Mershack Opoku [1 ]
Chan, Albert P. C. [1 ]
Ameyaw, Ernest Effah [2 ]
Darko, Amos [1 ]
Yevu, Sitsofe Kwame [1 ]
Boateng, Emmanuel B. [3 ]
机构
[1] Hong Kong Polytech Univ, Dept Bldg & Real Estate, Kowloon, Hong Kong, Peoples R China
[2] Northumbria Univ, Dept Architecture & Built Environm, Newcastle Upon Tyne, Tyne & Wear, England
[3] Univ Newcastle, Sch Hlth Sci, Newcastle, NSW, Australia
关键词
Construction management; International joint venture; International construction joint venture; Management control; Performance measures; PARENT CONTROL MECHANISMS; KNOWLEDGE ACQUISITION; SUCCESS; IMPACT; MODEL; TRUST; IJVS; DETERMINANTS; ANTECEDENTS; PERSPECTIVE;
D O I
10.1108/ECAM-07-2020-0579
中图分类号
T [工业技术];
学科分类号
08 ;
摘要
Purpose Management control is needed in international joint ventures (IJVs) for successful management and performance. While IJV management control and performance concept has been widely explored, in the construction sector, the core understanding of the design of the two concepts is still lacking. This has resulted in the neglect of important questions and directions for research and practice improvement. This study aims to conduct a critical survey of prior studies addressing the conceptualization of management control and performance in IJVs and to propose a framework for studying the performance implications of management control in international construction joint ventures (ICJVs). Design/methodology/approach Using Scopus database and search terms, a systematic desktop search was conducted to retrieve empirically related peer-reviewed papers for this study. Findings Drawing on the transaction cost, institutional and relational logic, the first inclusive hypothetical model for studying the relationship between different dimensions of management control mechanism and multiple performance criteria in ICJVs is presented. The model proposes a measurement method for both the management control and performance and explains how they can be established in ICJVs. Practical implications The proposed framework provides a methodology to understand the dynamics of management control and performance implications in ICJV. Specifically, uncovering the critical paths will assist ICJV frontliners to approach management control in a more holistic and systematic way to promote achievement of ICJV goals. Originality/value The study gives a firm ground to the construction industry, which is accurate and educational for related fields concentrating on several other forms of cooperative relationships.
引用
收藏
页码:755 / 781
页数:27
相关论文
共 101 条
[1]   Establishing Success Measurements of Joint Ventures in Mega Projects [J].
Almohsen, Abdulmohsen S. ;
Ruwanpura, Janaka Y. .
JOURNAL OF MANAGEMENT IN ENGINEERING, 2016, 32 (06)
[2]  
[Anonymous], 2002, INT BUS REV
[3]   Risk management model for international construction joint ventures [J].
Bing, L ;
Tiong, RLK .
JOURNAL OF CONSTRUCTION ENGINEERING AND MANAGEMENT-ASCE, 1999, 125 (05) :377-384
[4]   Trust in international joint venture relationships [J].
Boersma, MF ;
Buckley, PJ ;
Ghauri, PN .
JOURNAL OF BUSINESS RESEARCH, 2003, 56 (12) :1031-1042
[5]   Determinants of the use of various control mechanisms in US-Chinese joint ventures [J].
Chalos, P ;
O'Connor, NG .
ACCOUNTING ORGANIZATIONS AND SOCIETY, 2004, 29 (07) :591-608
[6]  
Chalos P., 1998, MANAGE FINANC, V24, P53
[7]  
CHAN APC, 2020, INT J CONSTR MANAG
[8]   Permanent versus Mobile Entry Decisions in International Construction Markets: Influence of Home Country- and Firm-Related Factors [J].
Chen, Chuan ;
Messner, John I. .
JOURNAL OF MANAGEMENT IN ENGINEERING, 2011, 27 (01) :2-12
[9]   Predicting the performance of international joint ventures: An investigation in China [J].
Child, J ;
Yan, Y .
JOURNAL OF MANAGEMENT STUDIES, 2003, 40 (02) :283-320
[10]   Split management control and international joint venture performance [J].
Choi, CB ;
Beamish, PW .
JOURNAL OF INTERNATIONAL BUSINESS STUDIES, 2004, 35 (03) :201-215