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Investigating partners' opportunistic behavior in joint ventures in China: The role of transaction costs and relational exchanges

机译:调查合作伙伴在中国合资企业中的机会主义行为:交易成本和关系交换的作用

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摘要

The complexity theory is adopted to better explain and understand the causal patterns of factors affecting partners' opportunistic behavior in joint ventures (JVs). To achieve the research aim, the study adopts two dominant and complementary perspectives of transaction cost economics and relational exchange theory to identify transaction cost-related factors and elements of relational exchanges as critical factors affecting partners' opportunistic behavior in JVs. To test research propositions, the fuzzy-set qualitative comparative analysis (fsQCA) is applied for configuration analyses on a sample of 268 JV partners from the Chinese manufacturing sector. Results demonstrate that seven configurations of transaction cost-related factors and elements of relational exchanges can explain partners' opportunistic behavior well. This study not only provides insights into how transaction cost-related factors and elements of relational exchanges combine to account for opportunism in JVs, but also contributes to managerial practice by providing evidence for the causal patterns of factors causing JV opportunism, so that effective measures against opportunism can be made to achieve a reliable alliance. (C) 2016 Elsevier Inc. All rights reserved.
机译:采用复杂性理论可以更好地解释和理解影响合资企业合伙人机会主义行为的因素的因果关系。为了达到研究目的,本研究采用交易成本经济学和关系交换理论的两个主要和互补的观点,确定与交易成本相关的因素和关系交换的要素是影响合资企业合伙人机会行为的关键因素。为了检验研究主张,将模糊集定性比较分析(fsQCA)用于来自中国制造业的268个合资伙伴的样本的配置分析。结果表明,交易成本相关因素和关系交流要素的七个配置可以很好地解释合作伙伴的机会主义行为。这项研究不仅提供关于与交易成本相关的因素和关系交换要素如何组合以解决合资企业机会主义的见解,而且还通过提供证据证明造成合资企业机会主义的因素的因果模式,从而有助于管理实践,从而针对可以进行机会主义以建立可靠的联盟。 (C)2016 Elsevier Inc.保留所有权利。

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