Read the full-text of this article for free

Title: A Strong Inference Test of the Effects of Strategic Interdependence on the JV Control-Performance Relationship

Authors: Rebecca M. Guidice; John B. Cullen

Addresses: Author address listing can be found in the "About the Authors" section at the end of the article.

Abstract: Managing joint ventures (JV) both efficiently and effectively is a major challenge for many organizations. Drawing from agency and learning theories we conduct a strong inference test to examine two opposing factors, strategic interdependence and experience, believed to influence the JV control-performance relationship. Results suggest that not only do formal control and experience have an interactive effect on performance but also that informal control, experience, and strategic interdependence interactively influence performance (e.g., performance is greater for experienced parents that use more informal controls with interdependent ventures). Findings contribute to existing research by providing a clear yet more comprehensive perspective on JV governance and success.

Keywords: Joint ventures; strategic interdependence; control-performance relationship; formal control; agency theory.

DOI: 10.1504/JBM.2007.141154

Journal of Business and Management, 2007 Vol.13 No.2, pp.127 - 153

Published online: 05 Sep 2024 *