Competition, formal governance and trust in alliances: An experimental study

被引:3
|
作者
Solinas, Giulia [1 ]
Meloso, Debrah [2 ]
Banal-Estanol, Albert [3 ,4 ]
Seldeslachts, Jo [5 ,6 ]
Kretschmer, Tobias [1 ,7 ,8 ]
机构
[1] Ludwig Maximilians Univ Munchen, ISTO, Munich, Germany
[2] TBS Business Sch, Dept Finance & Econ, Toulouse, France
[3] Univ Pompeu Fabra, Dept Econ & Business, Barcelona, Spain
[4] City Univ London, Dept Econ, London, England
[5] Katholieke Univ Leuven, DIW Berlin, Leuven, Belgium
[6] Univ Amsterdam, Amsterdam, Netherlands
[7] Ludwig Maximilians Univ Munchen, Org Res Grp, Munich, Germany
[8] Ctr Econ Policy Res CEPR, London, England
关键词
Strategic alliances; Lab experiment; Alliance dynamics; Forgiveness; Stability; STRATEGIC ALLIANCES; INTERORGANIZATIONAL RELATIONSHIPS; RELATIONAL GOVERNANCE; MULTIPARTY ALLIANCES; EMPIRICAL-ANALYSIS; COOPERATION; CONTRACTS; COORDINATION; FORGIVENESS; COLLABORATION;
D O I
10.1016/j.lrp.2022.102240
中图分类号
F [经济];
学科分类号
02 ;
摘要
We study the role of alliance governance in the behavior of partners in alliances with different degrees of competition. Using data from a lab experiment on 1,009 alliances and 31,662 partners' choices, we explore whether and how alliances succeed in different competitive scenarios, contingent on the use of formal governance mechanisms (termination clauses) and the number of partners in the alliance. We find that trust, an informal governance mechanism, emerges as a complement to formal governance in order to establish success in our experimental alliances, especially when competition is high. In particular, we document the significance of "trustbuilding" in initial stages and "trust repair" in later stages of our experimental alliances.
引用
收藏
页数:18
相关论文
共 50 条
  • [31] Strategic alliances in a veto game: An experimental study
    Kim, Chulyoung
    Kim, Sang-Hyun
    Lee, Jinhyuk
    Lee, Joosung
    EUROPEAN JOURNAL OF POLITICAL ECONOMY, 2022, 75
  • [32] How to manage strategic alliances in OEM-based industrial clusters: Network embeddedness and formal governance mechanisms
    Lin, Hsin-Mei
    Huang, Heng-Chiang
    Lin, Chih-Pin
    Hsu, Wen-Chung
    INDUSTRIAL MARKETING MANAGEMENT, 2012, 41 (03) : 449 - 459
  • [33] Trust and governance
    DiMaggio, P
    CONTEMPORARY SOCIOLOGY-A JOURNAL OF REVIEWS, 1999, 28 (06) : 731 - 732
  • [34] Trust & governance
    Golembiewski, RT
    INTERNATIONAL JOURNAL OF CONFLICT MANAGEMENT, 2001, 12 (02) : 180 - 182
  • [35] Trust and antitrust in Asian business alliances
    Faulkner, D
    CORPORATE GOVERNANCE-AN INTERNATIONAL REVIEW, 2004, 12 (03) : 404 - 405
  • [36] Sharing Out in Alliances: Trust and Ethics
    Antonio Argandoña
    Journal of Business Ethics, 1999, 21 : 217 - 228
  • [37] The evolution of trust in information technology alliances
    Ybarra, Candace E.
    Turk, Thomas A.
    Journal of High Technology Management Research, 2009, 20 (01): : 62 - 74
  • [38] Sharing out in alliances:: Trust and ethics
    Argandoña, A
    JOURNAL OF BUSINESS ETHICS, 1999, 21 (2-3) : 217 - 228
  • [39] Theoretical Evolvement on Alliances Governance Structure
    Huang Yujie
    Zhang Guomei
    Zhang Yijuan
    PROCEEDINGS OF THE 5TH INTERNATIONAL SYMPOSIUM FOR CORPORATE GOVERNANCE, BOOKS 1 AND 2, 2009, : 37 - 44
  • [40] Trust in Alliances-truth or is it a Myth?
    She, Ling-Ye
    Doloi, Hemanta
    Mills, Anthony
    PROCEEDINGS OF 2012 INTERNATIONAL CONFERENCE ON CONSTRUCTION & REAL ESTATE MANAGEMENT, VOLS 1 AND 2, 2012, : 251 - 257