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 | |
| State | Published - Feb 2003 |
All Science Journal Classification (ASJC) codes
- Business and International Management
- Finance
- Marketing
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