Corporate governance in international joint ventures

Aim and Introduction: Despite its high complexity, the strategy of forming international joint venture (as one of the main types of strategic alliances) is one of the strategies to be frequently used because of its numerous benefits. Corporate governance is also considered as one of the factors that...

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Main Authors: mohammad hadi sadegh, maryam parchami sarghein, mostafa ghandi baghbanzadeh
Format: Article
Language:fas
Published: Iran Strategic Management Society 2022-09-01
Series:مطالعات مدیریت راهبردی
Subjects:
Online Access:http://www.smsjournal.ir/article_157942_3dd79729a5f4f3bc90063eebc0a9153b.pdf
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author mohammad hadi sadegh
maryam parchami sarghein
mostafa ghandi baghbanzadeh
author_facet mohammad hadi sadegh
maryam parchami sarghein
mostafa ghandi baghbanzadeh
author_sort mohammad hadi sadegh
collection DOAJ
description Aim and Introduction: Despite its high complexity, the strategy of forming international joint venture (as one of the main types of strategic alliances) is one of the strategies to be frequently used because of its numerous benefits. Corporate governance is also considered as one of the factors that lead to the successful implementation of this strategy. In spite of the importance of this key success factor which is corporate governance, the lack of a research which has been determined corporate governance different types and recognized the factors which have effect on them is considerable. Therefore, this article intends to first recognize various types of corporate governance in international joint ventures and then distinguish how the determined factors playing role.Methodology: The present research is conducted based on the systematic literature review method. For this purpose, the related literature was systematically reviewed over a period of one year (from September 2018 to September 2019). In the first step, while determining and specifying the subject of study, the research questions were developed in accordance with the research design. In the next step, the research protocol was designed and an appropriate mental model was designed accordingly. Subsequently, inclusion and exclusion criteria were determined. Accordingly, the comprehensive and systematic search began within the literature and 400 studies were considered. After classification, screening, and measurement of their quality (methodological assessment based on Caldwell's proposed method), 60 studies were finally examined in depth (through a detailed review of their abstracts, introduction, methodology, and results) and the required data were collected. Then, in the last step, the obtained data were classified, codified (using open coding method through Excel software) synthesized and finally summarized.Findings: Finally, recognition of 4 corporate governance types which are soft, rigid, control based and corporative based, 8 factors (such as environmental factors, risks, shared resources, parent’s logic and etc.) which have effect on determined types presence and the visual illustration of mentioned results, are the main findings of this article.Discussion and Conclusion: According to the diversity of detected factors, it can be concluded that formation of corporate governance in international joint ventures is a complex process and multi-dimensional concept which cannot be undermined and treated like other types of organizations.
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spelling doaj.art-9cdbf2bf5ae34ea69830fba6d82099ef2023-02-27T20:07:14ZfasIran Strategic Management Societyمطالعات مدیریت راهبردی2228-68532676-67442022-09-011351496110.22034/smsj.2022.157942157942Corporate governance in international joint venturesmohammad hadi sadegh0maryam parchami sarghein1mostafa ghandi baghbanzadeh2Department of Management, Science & Technology, Amirkabir University of Technology, Tehran. IranPhD of Business Administration- Faculty of Management - University of Tehran.analystAim and Introduction: Despite its high complexity, the strategy of forming international joint venture (as one of the main types of strategic alliances) is one of the strategies to be frequently used because of its numerous benefits. Corporate governance is also considered as one of the factors that lead to the successful implementation of this strategy. In spite of the importance of this key success factor which is corporate governance, the lack of a research which has been determined corporate governance different types and recognized the factors which have effect on them is considerable. Therefore, this article intends to first recognize various types of corporate governance in international joint ventures and then distinguish how the determined factors playing role.Methodology: The present research is conducted based on the systematic literature review method. For this purpose, the related literature was systematically reviewed over a period of one year (from September 2018 to September 2019). In the first step, while determining and specifying the subject of study, the research questions were developed in accordance with the research design. In the next step, the research protocol was designed and an appropriate mental model was designed accordingly. Subsequently, inclusion and exclusion criteria were determined. Accordingly, the comprehensive and systematic search began within the literature and 400 studies were considered. After classification, screening, and measurement of their quality (methodological assessment based on Caldwell's proposed method), 60 studies were finally examined in depth (through a detailed review of their abstracts, introduction, methodology, and results) and the required data were collected. Then, in the last step, the obtained data were classified, codified (using open coding method through Excel software) synthesized and finally summarized.Findings: Finally, recognition of 4 corporate governance types which are soft, rigid, control based and corporative based, 8 factors (such as environmental factors, risks, shared resources, parent’s logic and etc.) which have effect on determined types presence and the visual illustration of mentioned results, are the main findings of this article.Discussion and Conclusion: According to the diversity of detected factors, it can be concluded that formation of corporate governance in international joint ventures is a complex process and multi-dimensional concept which cannot be undermined and treated like other types of organizations.http://www.smsjournal.ir/article_157942_3dd79729a5f4f3bc90063eebc0a9153b.pdf"international joint venture""corporate governance types""effective factors""systematic literature review"
spellingShingle mohammad hadi sadegh
maryam parchami sarghein
mostafa ghandi baghbanzadeh
Corporate governance in international joint ventures
مطالعات مدیریت راهبردی
"international joint venture"
"corporate governance types"
"effective factors"
"systematic literature review"
title Corporate governance in international joint ventures
title_full Corporate governance in international joint ventures
title_fullStr Corporate governance in international joint ventures
title_full_unstemmed Corporate governance in international joint ventures
title_short Corporate governance in international joint ventures
title_sort corporate governance in international joint ventures
topic "international joint venture"
"corporate governance types"
"effective factors"
"systematic literature review"
url http://www.smsjournal.ir/article_157942_3dd79729a5f4f3bc90063eebc0a9153b.pdf
work_keys_str_mv AT mohammadhadisadegh corporategovernanceininternationaljointventures
AT maryamparchamisarghein corporategovernanceininternationaljointventures
AT mostafaghandibaghbanzadeh corporategovernanceininternationaljointventures