Abstract
Contractual joint ventures (CJVs) are a major form of non-equity strategic alliance in China, employed mainly by Hong Kong firms in the south China province of Guangdong. Due to their ambiguous legal status and the lack of conceptualisation and of their contractual nature, there has been little empirical research on CJVs. By theorising CJVs as a relational subcontracting arrangement and drawing on data from structured interviews with managers from both sides, this paper reveals the managerial decisions pertaining to the formation and evolution of the CJV non-equity alliances in Guangdong.
Original language | English |
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Pages (from-to) | 131-150 |
Number of pages | 20 |
Journal | Asia Pacific Journal of Management |
Volume | 24 |
Issue number | 2 |
DOIs | |
Publication status | Published - Jun 2007 |
Externally published | Yes |