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首页> 外文期刊>Review of international business and strategy >Unravelling the role of guanxi in the formation and management of international joint ventures - a systematic review of the literature
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Unravelling the role of guanxi in the formation and management of international joint ventures - a systematic review of the literature

机译：解开关联在国际合资企业的形成与管理中的作用 - 对文献的系统审查

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Purpose - The formation of international joint ventures (IJVs) is one of the prevalent approaches for Western companies to conduct business in China. Yet, doing business in China is difficult for many firms, partially because of the institutional voids that are created by weak formal institutions. The paper aims to focus on the role of guanxi (an informal institution and a company capability that fills such institutional void) in the formation and management of IJVs. Design/methodology/approach - A systematic literature review on the role of guanxi in IJV formation and management is conducted based on papers published in top international business journals between 2005 and 2020 - in total, 47 papers are included in the review. Findings - The findings of the study are presented in four themes, namely, the role of guanxi as social capital in IJV formation, the role of trust in guanxi-based IJVs, the role of control mechanisms in balancing high reliance on trust in guanxi-based IJVs and the role of guanxi in managing inconsistencies in the regulatory environment. The analysis also reveals that guanxi has a positive effect on the development of IJVs if control between the parent firms is well balanced; otherwise, guanxi can trigger opportunism and leads to failures. Practical implications - The study unravels how guanxi leads to successful outcomes in IJV formation and management, which assist managers who operate IJVs with their decision-making. Originality/value - To the best of the authors' knowledge, no previous paper has critically analysed the literature on IJVs using a guanxi perspective at micro (personal), meso (business) and (macro) governmental levels. This approach allows for providing more nuanced view of the role of guanxi in the formation and management of IJVs and aligns more closely with managerial decision-making.
机译：目的 - 国际合资企业（IJV）的形成是西方公司在中国开展业务的普遍途径之一。然而，许多公司在中国做生意是困难的，部分原因是由于弱正式机构创造的制度空缺。本文旨在重点关注冠西（非正式机构和公司能力，填补此类机构无效）在IJV的形成和管理方面的作用。设计/方法/方法 - 基于2005年至2020年的顶级国际商业期刊上发表的论文，进行了对IJV形成和管理中的冠西在IJV形成和管理中的系统文献综述 - 总共包括47篇论文审查。调查结果 - 这项研究的调查结果在四个主题中呈现，即冠西作为IJV形成中的社会资本的作用，信托基于冠西的IJV的作用，控制机制在平衡高依赖于古征的信任方面的作用 - 基于IJV的IJV和关联在监管环境中管理不一致的作用。分析还揭示了如果母公司之间的控制平衡，冠西对IJV的发展有积极影响;否则，关西可以触发机会主义并导致失败。实际意义 - 该研究揭开了冠西如何导致IJV的形成和管理成功成果，这使管理人员有助于他们的决策。原创性/价值 - 据作者的知识，之前没有在Micro（个人），Meso（业务）和（宏）政府层面的冠西视角下对IJVS的文献统治着分析了文献。这种方法允许提供更细微的角度对冠西在IJV的形成和管理中的作用，并与管理决策更密切地对准。

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