TY - JOUR
T1 - Autonomy and effectiveness of equity international joint ventures (IJVs) in China
AU - Newburry, William
AU - Zeira, Yoram
AU - Yeheskel, Orly
N1 - Copyright:
Copyright 2004 Elsevier Science B.V., Amsterdam. All rights reserved.
PY - 2003/8
Y1 - 2003/8
N2 - Using a sample of 153 equity international joint ventures (IJVs) located in China, this paper examines when autonomy is correlated with IJV effectiveness. Correlations are strongest with respect to autonomy to implement (without power to formulate) strategic business plans. The ability to both formulate and implement strategic business plans is also associated with effectiveness, especially when evaluated by the IJV chief executive officers (CEOs). The autonomy-effectiveness relationship is stronger for IJVs that are older, larger, operating in heavy industry, or have parents with more similar goals. Strong autonomy-effectiveness correlations exist whether IJV CEOs or regional headquarters personnel evaluate their IJVs, although correlations are generally higher when IJV CEOs evaluate their IJVs.
AB - Using a sample of 153 equity international joint ventures (IJVs) located in China, this paper examines when autonomy is correlated with IJV effectiveness. Correlations are strongest with respect to autonomy to implement (without power to formulate) strategic business plans. The ability to both formulate and implement strategic business plans is also associated with effectiveness, especially when evaluated by the IJV chief executive officers (CEOs). The autonomy-effectiveness relationship is stronger for IJVs that are older, larger, operating in heavy industry, or have parents with more similar goals. Strong autonomy-effectiveness correlations exist whether IJV CEOs or regional headquarters personnel evaluate their IJVs, although correlations are generally higher when IJV CEOs evaluate their IJVs.
KW - Autonomy
KW - Effectiveness
KW - International Joint Venture
UR - http://www.scopus.com/inward/record.url?scp=0038647415&partnerID=8YFLogxK
U2 - 10.1016/S0969-5931(03)00036-2
DO - 10.1016/S0969-5931(03)00036-2
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AN - SCOPUS:0038647415
SN - 0969-5931
VL - 12
SP - 395
EP - 419
JO - International Business Review
JF - International Business Review
IS - 4
ER -