What role does distributive injustice play in joint venture (JV) termination? We define distributive injustice as a deviation from the contractual allocation of JV-related benefits caused by private benefits. Drawing on social exchange theory, we argue that perceptions of distributive injustice...

This paper presents the results of a study linking the performance of international joint ventures and alliances set up in the global aerospace industry to their strategic and organizational features. In a first stage, an empirically based taxonomy of the observed alliances is generated. Then,...

Recently, a wave of corporate acquisitions has swept across Europe, prompted by liberalisation and unification in the European Union. The authors ask the question: Has this made the traditional preference by European firms for alliances and co-operative strategies obsolete? Bearing in mind that,...

Though alliances and mergers and acquisitions (M&A) are both extensively used by companies seeking to achieve the benefits of greater size and scale, strategy research has rarely examined these two moves as alternative courses of action. Indeed, the size-performance relationship has long been a...