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Examining the Role and Antecedents to Partner Commitment in Influencing Joint Venture Success
Global Business Review Pub Date : 2022-04-26 , DOI: 10.1177/09721509221092202
Sonu Goyal 1 , Rita Dubey 2
Affiliation  

Joint ventures (JVs) are an important strategic option for corporates globally; however, their failure rate continues to be alarming as more than 50% of the JVs fail. Researchers have found partners’ commitment to a JV crucial for its success. However, not much is known about how commitment influences JV performance at each stage of JV life cycle and what drives commitment. This article uses case study methodology to evaluate the role of partners’ commitment during formation, initialization and management stages and identifies the factors that influence their level of commitment. The findings are based on primary interviews conducted with the top management executives including CEOs of two JVs formed by a leading company in the Indian retail sector.

中文翻译:

检查合作伙伴承诺在影响合资企业成功中的作用和前因

合资企业(JV)是全球企业的重要战略选择;然而,由于超过 50% 的合资企业失败,它们的失败率仍然令人担忧。研究人员发现,合作伙伴对合资企业的承诺对其成功至关重要。然而,对于承诺如何影响合资企业生命周期的每个阶段的合资企业绩效以及推动承诺的因素,我们知之甚少。本文使用案例研究方法来评估合作伙伴承诺在形成、初始化和管理阶段的作用,并确定影响其承诺水平的因素。调查结果基于对高层管理人员进行的初步访谈,其中包括印度零售业领先公司成立的两家合资企业的首席执行官。
更新日期:2022-04-26
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