Hou, Wanrong; Li, Sali; Priem, Richard L. - In: Journal of International Management 19 (2013) 2, pp. 138-151
We propose that CEO compensation and tenure moderate the relationship between multinational corporations' (MNCs) R&D intensities and their percentages of equity ownership in international joint ventures (IJVs). Transaction cost economics (TCE) suggests a positive relationship between MNC R&D...