A hostage theory of joint ventures: why do Japanese investors choose partial over full acquisitions to enter the United States?

202 citations recorded by the source corpus.

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

Spatial geography and control in foreign acquisitions (2012, background): “However, these levels are inherently arbitrary (Chen & Hennart, 2004).”
Determinants of the share of equity sought in cross-border acquisitions (2009, background): “as managers of the formerly independent local firm are no longer subject to stock market discipline, nor do they benefit from any direct ownership interest they may have had in the original firm (Chi, 1994). In addition, Chen and Hennart (2004) note that since acquisition contracts cannot be fully s”
Institutional and transaction cost influences on MNEs' ownership strategies of their affiliates: Evidence from an emerging market (2007, methodology): “Empirical evidence shows that there is a positive relationship between asset specificity and the propensity to have a controlling ownership in foreign subsidiaries (Belderbos, 2002; Chen & Hennart, 2004).”