합작파트너의 경영통제권이 합작기업의 경영성과에 미치는 영향

초록

The research question is how to divide the management control between JV partners. JV partners hope to gain as much control as possible over the JV's management. 70 manufacturing joint ventures formed between local Korean firms and foreign firms from developed countries were examined to answer the research question. The choice of activities of control was found to be important to JV performance. The more control local Korean firms exercised over the activities representing their own firm-specific advantages, the better the JVs performed. However, the more control local Korean firms exercised over the activities representing foreign partners' firm-specific advantages, the worse the JVs performed. This suggests that Korean and foreign partners should choose the activities to control so that those chosen activities can be matched with their respective firm-specific advantages.

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