This study aims to explore the various factors that influence the international
joint venture (IJV) parent firms to use a specific control mechanism in an
emerging market (EM). The study adopted a single case study design
involving an IJV between a Nigerian firm as the local partner and a Chinese
firm as the foreign partner. Data was collected through twenty semi structured interviews from both the parent firms and the IJV; and
complemented by observations of the IJV activities, relevant information from
newspapers; magazines; company brochures and newsletters; and website
of the parent firms, IJV and the government regulating body.
The study revealed that the design of formal and social control is influenced
by a range of factors identified in the literature. This includes resource
contribution and bargaining power, previous experience of the IJV managers,
knowledge transfer, trust-building, environmental uncertainty, and
institutional forces. In contrast to findings from existing studies, this study
also reveals that a combination of factors can influence the use of a
particular control mechanism. By examining the types of control exercised by
each partner and the antecedent of each control type, this study
complements prior research by incorporating insights from transaction cost
theory, resource dependency theory, social exchange theory, institutional theory and organisational lerning perspective to provide a more integrative
explanation of IJV control design. Specifically, it explains how one partner
develops certain types of formal and social control according to its individual
resource contribution and dependency and can adjust controls to achieve its
various objectives.
| Identifer | oai:union.ndltd.org:BRADFORD/oai:bradscholars.brad.ac.uk:10454/18776 |
| Date | January 2019 |
| Creators | Ekpo, Itoro U. |
| Contributors | Wang, Chengang, Owens, Martin D., Chu, Irene |
| Publisher | University of Bradford, Faculty of Management, Law and Social Science |
| Source Sets | Bradford Scholars |
| Language | English |
| Detected Language | English |
| Type | Thesis, doctoral, PhD |
| Rights | <a rel="license" href="http://creativecommons.org/licenses/by-nc-nd/3.0/"><img alt="Creative Commons License" style="border-width:0" src="http://i.creativecommons.org/l/by-nc-nd/3.0/88x31.png" /></a><br />The University of Bradford theses are licenced under a <a rel="license" href="http://creativecommons.org/licenses/by-nc-nd/3.0/">Creative Commons Licence</a>. |
Page generated in 0.0017 seconds