Antecedents and Consequences of Personal Attachment in Cross-Cultural Cooperative Ventures
研究新兴市场(中国)282家跨文化合资企业中边界跨越者的个人依附如何形成及其对绩效的影响,发现个人依附受个体、组织和环境三层面因素驱动,并能提升过程绩效和财务回报。
This study examines how personal attachments between boundary spanners within cross-cultural international cooperative ventures (ICVs) are established and their association with venture performance. Results of analysis of 282 ICVs in an emerging market (People's Republic of China) show that the development of personal attachment depends on factors at three levels. At the individual level, attachment is an increasing function of overlap in tenure between boundary spanners. At the organizational level, attachment is heightened by goal congruity between the parent firms but is impeded by cultural distance. At the environmental level, market disturbance and regulatory deterrence lead to strong attachments. Such attachments stimulate an ICV's process performance and increase financial returns.