Allocation of decision rights in joint ventures
Article first published online: 12 FEB 2009
Copyright © 2009 John Wiley & Sons, Ltd.
Managerial and Decision Economics
Volume 30, Issue 8, pages 491–501, December 2009
How to Cite
Windsperger, J. (2009), Allocation of decision rights in joint ventures. Manage. Decis. Econ., 30: 491–501. doi: 10.1002/mde.1464
- Issue published online: 22 OCT 2009
- Article first published online: 12 FEB 2009
Previous studies in organizational economics and international business research have not tested a property rights view on the allocation of decision rights (DR) in joint ventures (JVs). The paper offers a test of the property rights explanation by using data from Hungarian JVs. Our analysis derives the following hypothesis: The more important the JV partner's intangible knowledge assets for the generation of residual surplus, the more residual DR are assigned to him. Copyright © 2009 John Wiley & Sons, Ltd.