The effect of alliance network diversity on multinational enterprise performance
Article first published online: 4 MAR 2005
Copyright © 2005 John Wiley & Sons, Ltd.
Strategic Management Journal
Volume 26, Issue 4, pages 333–354, April 2005
How to Cite
Goerzen, A. and Beamish, P. W. (2005), The effect of alliance network diversity on multinational enterprise performance. Strat. Mgmt. J., 26: 333–354. doi: 10.1002/smj.447
- Issue published online: 4 MAR 2005
- Article first published online: 4 MAR 2005
- Manuscript Revised: 4 AUG 2004
- Manuscript Received: 19 APR 2002
- multinational enterprise;
- joint venture;
This paper examines the impact of alliance network diversity on multinational enterprise (MNE) economic performance. We consider competing hypotheses derived, alternatively, from transaction cost theory and network theory. Using a latent variable structural equation modeling approach on a sample of 580 large MNEs, we find that MNEs with more diverse alliance networks experience lower economic performance on average than those with less diverse alliance networks. Copyright © 2005 John Wiley & Sons, Ltd.