Allocation of decision rights in joint ventures |
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| Authors: | J Windsperger |
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| Institution: | Department of Management, University of Vienna, Vienna, Austria |
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| Abstract: | Previous studies in organizational economics and international business research have not tested a property rights view on the allocation of decision rights (DR) in joint ventures (JVs). The paper offers a test of the property rights explanation by using data from Hungarian JVs. Our analysis derives the following hypothesis: The more important the JV partner's intangible knowledge assets for the generation of residual surplus, the more residual DR are assigned to him. Copyright © 2009 John Wiley & Sons, Ltd. |
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