An event study of the effects of partner and location cultural differences in joint ventures

Sangphet Hanvanich; Stewart R. Miller; Malika Richards; S. Tamar Cavusgil

doi:10.1016/S0969-5931(02)00085-9

An event study of the effects of partner and location cultural differences in joint ventures

Sangphet Hanvanich, Stewart R. Miller, Malika Richards, S. Tamar Cavusgil

Division of Engineering, Business & Computing (Berks)

Research output: Contribution to journal › Article › peer-review

32 Scopus citations

Abstract

This study focuses on one of the most important aspects of domestic joint venture and international joint venture (IJV) formation: culture difference. The study adapts the Makino and Beamish (1998) ownership-structure classification of IJVs and empirically examines the effects of JV partner and JV location cultural differences. Using an event-study methodology, our results reveal the impact of cultural difference on shareholder value creation. The article discusses the implications of using cultural difference measures in international research.

Original language	English (US)
Pages (from-to)	1-16
Number of pages	16
Journal	International Business Review
Volume	12
Issue number	1
DOIs	https://doi.org/10.1016/S0969-5931(02)00085-9
State	Published - Feb 2003

All Science Journal Classification (ASJC) codes

Business and International Management
Finance
Marketing

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10.1016/S0969-5931(02)00085-9

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An event study of the effects of partner and location cultural differences in joint ventures

Abstract

All Science Journal Classification (ASJC) codes

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