On Lemons and Indigestibility : Resource Assembly Through Joint Ventures  

Oleh:

Reuer, Jeffrey J. ; Koza, Mitchell P.

Jenis: Article from Journal - ilmiah internasional
Dalam koleksi: Strategic Management Journal vol. 21 no. 2 (2000), page 195-197.
Topik: joint venture; theory of collaboration; joint ventures and acquisitions; shareholder value

Ketersediaan

Perpustakaan Pusat (Semanggi) Nomor Panggil: SS30.5 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada

Lihat Detail Induk

Isi artikel

We revisit the relationship between two theoretical perspectives on joint ventures - the asymmetric information view and the indigestibility view. The former emphasizes the ex ante valuation challenges firms confront in combining resources, while the latter attends to ex post transaction costs arising from the extraction and integration of indivisible resources. We argue that these two views are complementary, rather than competing, in explaining the usefulness of joint ventures. We also suggest that the perspectives are overlapping in as much as resource indivisibility contributes to asymmetric information.

Opini Anda

Klik untuk menuliskan opini Anda tentang koleksi ini!

Kembali