International Joint Venture Termination: An Empirical Investigation

Publikation: Konferencebidrag uden forlag/tidsskriftPaperForskningpeer review

Resumé

Termination rates of international joint ventures (IJVs) are high, and two distinct outcomes are established 1) termination is intended or 2) termination is unintended. However, most studies do not specify the direct causes of IJV termination. The failure of extant research to recognize the difference between intended termination and unintended termination has left a significant gap in the literature. The purpose of this article is to contribute to a better understanding of IJV exit literature by differentiating empirically between intended and unintended IJV termination. The empirical data for the article stems from data from the project portfolio of a Danish Investment Fund for Developing Countries with a total of 773 investments. A number of hypotheses are established from the literature review and tested related to the empirical data. The result indicates that the most important factor in successful IJV termination is the length of the investment and to some extent the size of the investment. The psychic distance plays a negative role for investments in the African region while a general recession will lead to a lower success rate.
OriginalsprogEngelsk
Publikationsdato2017
Antal sider22
StatusUdgivet - 2017
Begivenhed14th Vaasa Conference on International Business - University of Vaasa, Vaasa, Finland
Varighed: 23. aug. 201725. aug. 2017
Konferencens nummer: 14th
http://www.uva.fi/en/sites/ibconference/

Konference

Konference14th Vaasa Conference on International Business
Nummer14th
LokationUniversity of Vaasa
LandFinland
ByVaasa
Periode23/08/201725/08/2017
Internetadresse

Fingeraftryk

Termination
International joint ventures
Empirical investigation
Empirical data
Literature review
Developing countries
Investment funds
Recession
Project portfolio
Exit
Psychic distance
Factors
Africa

Citer dette

Nielsen, U. B., Rasmussen, E. S., & Siersbæk, N. (2017). International Joint Venture Termination: An Empirical Investigation. Afhandling præsenteret på 14th Vaasa Conference on International Business, Vaasa, Finland.
Nielsen, Ulrik B. ; Rasmussen, Erik Stavnsager ; Siersbæk, Nikolaj. / International Joint Venture Termination: An Empirical Investigation. Afhandling præsenteret på 14th Vaasa Conference on International Business, Vaasa, Finland.22 s.
@conference{971287f3228e4498b2cf34a2c28badc4,
title = "International Joint Venture Termination: An Empirical Investigation",
abstract = "Termination rates of international joint ventures (IJVs) are high, and two distinct outcomes are established 1) termination is intended or 2) termination is unintended. However, most studies do not specify the direct causes of IJV termination. The failure of extant research to recognize the difference between intended termination and unintended termination has left a significant gap in the literature. The purpose of this article is to contribute to a better understanding of IJV exit literature by differentiating empirically between intended and unintended IJV termination. The empirical data for the article stems from data from the project portfolio of a Danish Investment Fund for Developing Countries with a total of 773 investments. A number of hypotheses are established from the literature review and tested related to the empirical data. The result indicates that the most important factor in successful IJV termination is the length of the investment and to some extent the size of the investment. The psychic distance plays a negative role for investments in the African region while a general recession will lead to a lower success rate.",
author = "Nielsen, {Ulrik B.} and Rasmussen, {Erik Stavnsager} and Nikolaj Siersb{\ae}k",
year = "2017",
language = "English",
note = "14th Vaasa Conference on International Business ; Conference date: 23-08-2017 Through 25-08-2017",
url = "http://www.uva.fi/en/sites/ibconference/",

}

Nielsen, UB, Rasmussen, ES & Siersbæk, N 2017, 'International Joint Venture Termination: An Empirical Investigation' Paper fremlagt ved 14th Vaasa Conference on International Business, Vaasa, Finland, 23/08/2017 - 25/08/2017, .

International Joint Venture Termination: An Empirical Investigation. / Nielsen, Ulrik B. ; Rasmussen, Erik Stavnsager; Siersbæk, Nikolaj.

2017. Afhandling præsenteret på 14th Vaasa Conference on International Business, Vaasa, Finland.

Publikation: Konferencebidrag uden forlag/tidsskriftPaperForskningpeer review

TY - CONF

T1 - International Joint Venture Termination: An Empirical Investigation

AU - Nielsen, Ulrik B.

AU - Rasmussen, Erik Stavnsager

AU - Siersbæk, Nikolaj

PY - 2017

Y1 - 2017

N2 - Termination rates of international joint ventures (IJVs) are high, and two distinct outcomes are established 1) termination is intended or 2) termination is unintended. However, most studies do not specify the direct causes of IJV termination. The failure of extant research to recognize the difference between intended termination and unintended termination has left a significant gap in the literature. The purpose of this article is to contribute to a better understanding of IJV exit literature by differentiating empirically between intended and unintended IJV termination. The empirical data for the article stems from data from the project portfolio of a Danish Investment Fund for Developing Countries with a total of 773 investments. A number of hypotheses are established from the literature review and tested related to the empirical data. The result indicates that the most important factor in successful IJV termination is the length of the investment and to some extent the size of the investment. The psychic distance plays a negative role for investments in the African region while a general recession will lead to a lower success rate.

AB - Termination rates of international joint ventures (IJVs) are high, and two distinct outcomes are established 1) termination is intended or 2) termination is unintended. However, most studies do not specify the direct causes of IJV termination. The failure of extant research to recognize the difference between intended termination and unintended termination has left a significant gap in the literature. The purpose of this article is to contribute to a better understanding of IJV exit literature by differentiating empirically between intended and unintended IJV termination. The empirical data for the article stems from data from the project portfolio of a Danish Investment Fund for Developing Countries with a total of 773 investments. A number of hypotheses are established from the literature review and tested related to the empirical data. The result indicates that the most important factor in successful IJV termination is the length of the investment and to some extent the size of the investment. The psychic distance plays a negative role for investments in the African region while a general recession will lead to a lower success rate.

M3 - Paper

ER -

Nielsen UB, Rasmussen ES, Siersbæk N. International Joint Venture Termination: An Empirical Investigation. 2017. Afhandling præsenteret på 14th Vaasa Conference on International Business, Vaasa, Finland.