Contractual joint ventures in China : formation, evolution and operation / / Yue Wang

• Autore: Wang Yue <1970->
• Pubblicazione: New York, : Nova Science Publishers, c2008
• Edizione: 1st ed.
• Descrizione fisica: 1 online resource (184 p.)
• Disciplina: 658/.046
• Soggetto topico: Investments, Foreign - China; Joint ventures - China
• Note generali: Bibliographic Level Mode of Issuance: Monograph
• Nota di bibliografia: Includes bibliographical references (p. [139]-154) and index.
• Nota di contenuto: Intro -- CONTRACTUAL JOINT VENTURESIN CHINA: FORMATION,EVOLUTION AND OPERATION -- CONTENTS -- PREFACE -- ABOUT THE AUTHOR -- 1. INTRODUCTION: CONTRACTUAL JOINT VENTURESIN CHINA AND GUANGDONG -- 1.1 THE ECONOMIC TAKEOFF OF CHINA AND GUANGDONG: THEROLE OF FDI -- 1.2. THREE MAJOR FORMS OF FDI INCHINA AND GUANGDONG -- 1.3. THE RISE OF CJVS: INSTITUTIONAL BACKGROUND -- 1.4. RESEARCH QUESTIONS -- 2. THEORETICAL FOUNDATIONS -- 2.1. THE THEORY OF THE FIRM: TRANSACTIONCOSTS AND AGENCY CONTRACTS -- 2.2. THE THEORY OF MNES -- 2.3. A DYNAMIC THEORY OF THE FIRM'S GROWTH -- 2.4. STRATEGIC MANAGEMENT OF THE FIRM -- 2.5. ORGANISATION DESIGN OF THE FIRM -- 3. FDI IN CHINA AND HONG KONG'SINVESTMENT IN GUANGDONG -- 3.1. FDI IN CHINA -- 1979-1985: The Initial Stage -- 1986-1990: The Slow Growth -- 1991-1993: The Boom -- 1994-1997: The Continuing Growth -- 1998-2000: The Crossroad -- 3.2. HONG KONG'S INVESTMENT IN GUANGDONG -- 4. CONCEPTUAL FRAMEWORK -- 4.1. THE SUBCONTRACTING CHOICE -- Transaction Cost Analysis of Subcontracting Choice -- Strategic Motivations of Subcontracting Choice -- 4.2. THE MANAGEMENT OF SUBCONTRACTING RELATIONSHIP -- The Protective Mechanisms of Subcontracting Relationship -- 4.3. RELATIONAL SUBCONTRACTING: THE CONTRACTUAL JOINTVENTURE AND ITS ALTERNATIVESIN A COMPARATIVE INSTITUTIONAL FRAMEWORK -- PandA Contracts: Quasi-Market Alternatives to CJVs -- EJVs and WFOEs: Hierarchical Alternatives to CJVs -- Hypotheses -- 5. METHODOLOGY AND SAMPLE FIRMS -- 5.1. DATA COLLECTION TECHNIQUES -- The Choice of a Structured Interview -- Participant Observation, Key Informants and Case Studies -- 5.2. SAMPLING METHOD AND STATISTICAL TOOLS -- Sampling Method -- Statistical Tools -- 5.3. SAMPLE FIRMS' CHARACTERISTICS -- 6. THE CONTRACTING CHOICE, TRANSACTIONSPECIFICFEATURES, AND OWNERSHIP ADVANTAGESOF CONTRACTUAL JOINT VENTURES. ; 6.1. THE CONTRACTING CHOICE OF CJVS -- 6.2. TRANSACTION SPECIFIC INVESTMENT FEATURES OF CJVS -- 6.3. OWNERSHIP ADVANTAGES OF CJVS: TRANSFER ANDSUSTAINABILITY -- 7. THE CHARACTERS OF CONTRACTUAL JOINTVENTURE PARTNERSHIPS -- 7.1. COMPLEMENTARY ASSETS OF CJV PARTNERS -- 7.2. LEARNING BETWEEN CJV PARTNERS -- Learning by local partners -- Learning by Hong Kong Partners -- 7.3. BARGAINING POWER, LEARNING RACE AND INTERDEPENDENCE -- Box 7.1. Case study of SH company: technology transfer through localisation -- Box 7.2. Case study of SH company: learning through localisation -- 8. THE MANAGERIAL BEHAVIOUR ANDPERFORMANCE OF CONTRACTUAL JOINT VENTURES -- 8.1. THE STRUCTURE OF MANAGEMENT CONTROL -- 8.2. TRUST AND CONTROL MECHANISMS -- 8.3. DISPUTES, DISPUTE RESOLUTION AND CJVS' PERFORMANCE -- Box 8.1. Case study of SC company: cooperation without intervention -- Box 8.2. Case study of SC company: creating a mutual respect and trust -- 9. CONCLUSIONS -- ACKNOWLEDGEMENTS -- BIBLIOGRAPHY -- APPENDIX: QUESTIONNAIRE -- PART 1. GENERAL INFORMATION -- PART 2. BUSINESS RELATIONSHIP BETWEEN FOREIGN ANDDOMESTIC PARTNERS -- INDEX -- Blank Page.
• Sommario/riassunto: The book fills a gap in the existing literature on foreign direct investment (FDI) in China. Contractual Joint Ventures (CJVs) is the least understood form of FDI prescribed by Chinese government. Compared to a substantial research on Equity Joint Ventures (EJVs) and Wholly Foreign Owned Enterprises (WFOEs), CJVs have been neglected and simply treated as a variation on EJVs. This pioneering study reveals the nature of CJVs as a type of non-equity based relational contracting arrangement, possessing features that lie between their market and hierarchy alternatives. Drawing upon contemporary theories in international business and based on the authorâe(tm)s rich survey data, the book offers important insight to the choice of CJVs over alternative contractual arrangements from both foreign and Chinese firmsâe(tm) perspectives. The book also shows why CJVs remained an efficient governance structure over time in a changing institutional environment and reveals how the dynamic elements of trust, learning and dispute resolution approaches shaped the management of CJV relational contracts. In a broader scope, the book contributes both to the theory and the practice of international business organization by providing a finely tuned analysis of an under-researched non-equity cooperative alliance in international business.
• Titolo autorizzato: Contractual joint ventures in China
• ISBN: 1-60876-274-2
• Formato: Materiale a stampa
• Livello bibliografico: Monografia
• Lingua di pubblicazione: Inglese
• Record Nr.: 9910974770403321
• Lo trovi qui: Univ. Federico II