English, Article, Journal or magazine article edition: Governance changes in strategic alliances: Antecedents of contractual renegotiations Reuer, Jeffrey J.; Ariño, Africa

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Bookmark: http://trove.nla.gov.au/version/170892
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Governance changes in strategic alliances: Antecedents of contractual renegotiations
Author
  • Reuer, Jeffrey J.
  • Ariño, Africa
Physical Description
  • preprint
Notes
  • This study provides an empirical investigation of the incidence and antecedents of contractual renegotiations in strategic alliances. We bring together initial conditions based on transaction cost theory and ex post contingencies highlighted by recent conceptual and qualitative research on the evolution of collaborative agreements. The results indicate that firms tend to change the governance of alliances when a misalignment exists between the chosen structure and features of the transaction. Further, we find that asset specificity affects alliance design as well as post-formation governance decisions. Contractual alterations are more likely in the presence of strategic change and when firms employ less extensive ex post deterrents in their alliances. We find no evidence that cross-border ventures are any more or less likely to experience contractual renegotiations than domestic alliances.
  • Strategic alliances; renegotiation
  • RePEc:ebg:iesewp:d-0415
Language
  • English
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