Equity Versus Non-Equity International Strategic Alliances

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Equity Versus Non-Equity International Strategic Alliances

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dc.contributor.author Globerman, Steven en_US
dc.contributor.author Nielsen, Bo B. en_US
dc.date.accessioned 2009-02-04T10:27:17Z
dc.date.available 2009-02-04T10:27:17Z
dc.date.issued 2007-05-11T00:00:00Z en_US
dc.identifier.isbn 8791815371 en_US
dc.identifier.uri http://hdl.handle.net/10398/7422
dc.description.abstract A substantial literature has evolved focusing on the ownership structure of international strategic alliances (ISAs). Most of the relevant studies are theoretical in nature and concentrate on the conceptual factors that influence the choice between equity and non-equity structures. A smaller number of studies provide some empirical evidence on the importance of some of the conceptual factors. The theoretical literature highlights the potential influence of relational capital and transaction costs as determinants of ISA structure; however, there is little empirical evidence on the relative importance of these potential determinants. Moreover, there is only limited and indirect evidence bearing upon the impact of host country governance attributes on ISA ownership structure. In this study, we provide statistical evidence on the importance of potential determinants of governance mode choice for a sample of ISAs involving Danish firms. Our study documents how the determinants of governance mode choice vary in importance depending upon the "quality" of the governance infrastructure of the host country. Key words: Relational Capital, Governance, International Strategic Alliance en_US
dc.format.extent 43 s. en_US
dc.language eng en_US
dc.relation.ispartofseries SMG Working paper;2006-019 en_US
dc.subject.other strategiske alliancer en_US
dc.title Equity Versus Non-Equity International Strategic Alliances en_US
dc.type wp en_US
dc.accessionstatus modt07maj11 mielmo en_US
dc.contributor.corporation Copenhagen Business School. CBS en_US
dc.contributor.department Center for Strategi og Globalisering en_US
dc.contributor.departmentshort SMG en_US
dc.contributor.departmentuk Center for Strategic Management and Globalization en_US
dc.contributor.departmentukshort SMG en_US
dc.description.notes Dec 2006 en_US
dc.idnumber 8791815371 en_US
dc.publisher.city København en_US
dc.publisher.year 2006 en_US
dc.title.subtitle The Role of Host Country Governance Management en_US


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