Effects of control and trust on performance in Japanese-Chinese joint ventures

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Abstract

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There has been a scarcity in systemic and empirical research on Japanese-Chinese joint ventures despite their peculiar importance to general theory-building ofinternational joint venture (IJV) management. In reexamining the duel hierarchyproblem inherent in IJVs, control and trust have been highlighted as the mainapproaches. Based on a sample of Japanese-Chinese joint ventures, this papersimultaneously examines the effects of control and trust on IJV performance. Themajor findings are that while control and trust are supplementary significant factorsfor IJV performance,trust appears more important and fundamental.Without a highlevel of trust, it is hardly possible to achieve satisfactory IJV performance.

Journal

  • Keio business review

    Keio business review 40(2002) 25-44,

    Society of Business and Commerce, Keio University

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