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    政大機構典藏 > 商學院 > 企業管理學系 > 期刊論文 >  Item 140.119/78182
    Please use this identifier to cite or link to this item: http://nccur.lib.nccu.edu.tw/handle/140.119/78182

    Title: Reexamining the relationship between control mechanisms and international joint venture performance: The mediating roles of perceived value gap and information asymmetry
    Authors: Huang, Ming-Chang;Hsiung, Hsin-Hua;Lu, Ting-Chun
    Contributors: 企管系
    Keywords: Control mechanism;Information asymmetry;International joint ventures;International joint ventures performance;Perceived value gap
    Date: 2015-03
    Issue Date: 2015-09-02 15:59:30 (UTC+8)
    Abstract: According to transaction cost theory, the risk of opportunism is a major obstacle to cooperative relationships, such that multinational corporations need to exert control over their international joint ventures (IJVs). However, inconsistent findings indicate that the control-performance linkage is complex and poorly understood. This study develops a mediating framework and suggests that perceived value gap and information asymmetry have a direct effect on IJV performance. Perceived value gap and information asymmetry can also mediate the relationship between control mechanisms (e.g., centralization, formalization, and socialization) and IJV performance. A sample of 152 Taiwanese IJVs in China showed that the direct effects of formalization and socialization on IJV performance satisfaction were significant. The empirical results showed that information asymmetry and perceived value gap mediated the formalization-performance and socialization-performance relationships. However, neither the direct effect of centralization nor the indirect effect through information asymmetry mediation on IJV performance was significant.
    Relation: Asia Pacific Management Review, 20(1), 32-43
    Data Type: article
    DOI 連結: http://dx.doi.org/10.1016/j.apmrv.2014.12.004
    DOI: 10.1016/j.apmrv.2014.12.004
    Appears in Collections:[企業管理學系] 期刊論文

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