TITLE

FACTORS AFFECTING MALAYSIA-CHINA CONSTRUCTION JOINT VENTURE (MCCJV) PROJECTS

AUTHOR(S)
MO, XUAN; ABDELNASER, OMRAN; ABDUL HAMID, KADIR PAKIR
PUB. DATE
December 2012
SOURCE
Economics, Management & Financial Markets;Dec2012, Vol. 7 Issue 4, p666
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
With the economic globalization growing at a rapid pace over the past years, the international joint ventures (IJVs) have become popular increasingly in a large number of countries, as well as many industries. For the purposes of sharing risk, complementing or integrating resources, authority regulatory etc., the IJVs have been widely utilized as a competitive form by the multinational enterprises and other organization entering into global competition. Therefore IJV has long been drawing attention by so many scholars, a few of whom found that more than half of the past IJVs performed unsatisfactorily or poorly, even failed. Differentiating from the majority of previous literatures that focused on the IJVs between developed and developing nations, this study conducts the research on the integrated IJVs in Malaysia's construction industry created by two emerging countries, Malaysia and China. The main aim of this paper is to identify the factors that have negative effects on the performance of Malaysia-China construction joint venture (MCCJV) projects. Quantitative and qualitative approaches were deployed to carry out this study. As results, it is found that the MCCJV projects are badly influenced mainly by the incomplete JV contract, lack of effective dispute resolution method, inappropriate JV form, financial and human resources management, cultural distance etc. Additionally, the Chinese partners' status as strategic ally was downgraded, instead performing like their partners' sub-contractors.
ACCESSION #
86434064

 

Related Articles

  • FACTORS AFFECTING MALAYSIA-CHINA CONSTRUCTION JOINT VENTURE (MCCJV) PROJECTS. Mo Xuan; Omran, Abdelnaser; Pakir, Abdul Hamid Kadir // Journal of Academic Research in Economics;Nov2011, Vol. 3 Issue 3, p317 

    With the economic globalization growing at a rapid pace over the past years, the international joint ventures (IJVs) have become popular increasingly in a large number of countries, as well as many industries. For the purposes of sharing risk, complementing or integrating resources, authority...

  • Standardization and Localization of Human Resource Management in Sino-Foreign Joint Ventures. Shaohui Chen, Kate; Wilson, Marie // Asia Pacific Journal of Management;Sep2003, Vol. 20 Issue 3, p397 

    Focuses standardization and localization of human resource management in Sino-foreign joint ventures. Increase in international joint ventures with the rise in globalization of industries; Characteristics of human resource management in the internationalizing firm.

  • Aspecte privind impactul investitiilor straine directe asupra entitatilor auditate. GROSANU, Adrian; BERINDE, Sorin Romulus; RACHISAN, Paula Ramona // Audit Financiar;Jan2013, Vol. 11 Issue 97, p18 

    Aspec teIn this paper there was conducted a study on the impact that foreign direct investments of Cluj County have on the performance of the audited entities in 2008-2011 operating in conditions of continuity in October 2012, according to data published by the Trade Register Office of Cluj...

  • Human resource management practices in international joint ventures in mainland China: a justice analysis. Leung, Kwok; Kwong, Jessica Y.Y. // Human Resource Management Review;Spring2003, Vol. 13 Issue 1, p85 

    International joint ventures (IJVs) now abound in mainland China and have become a driving force of its economic development. However, because of differences in national culture and social institutional arrangements, Chinese and foreign partners often regard different human resource management...

  • International Joint Ventures and HRD. Nadler, Leonard; Nadler, Zeace // Training & Development Journal;Jun90, Vol. 44 Issue 6, p71 

    Discusses factors to be considered when planning human resources development (HRD) for international joint ventures. Definitions of HRD; Impact of a country's concept of time on HRD; Communication among HRD department of the companies.

  • Measuring the economic impact of research joint ventures supported by the EU Framework Programme. Barajas, Ascension; Huergo, Elena; Moreno, Lourdes // Journal of Technology Transfer;Dec2012, Vol. 37 Issue 6, p917 

    The objective of this paper is to analyse the effects of international R&D cooperation on firms' economic performance. Our approach, based on a complete data set with information about Spanish participants in research joint ventures supported by the EU Framework Programme during the period...

  • Impacts of globalization on declining dollar. Duvoli, John // Hudson Valley Business Journal;1/10/2005, Vol. 16 Issue 1, p18 

    The article reports that impacts of globalization continue to be felt on the American dollar and the overall economy. Data from the Marist Bureau of Economic Research, the region's key research agency, indicates uncertainties ahead in the New Year. The dollar declined for the third consecutive...

  • Common Mistakes of Joint Venture Experienced Firms. Lyles, Marjorie A. // Columbia Journal of World Business;Summer87, Vol. 22 Issue 2, p79 

    Four multinational firms with extensive experience in international joint ventures were surveyed to determine what mistakes they had made while joint venturing. They agree that mistakes often had little impact on the success or failure of the joint venture in meeting its objectives, but they do...

  • IMPACT OF EXTERNAL BUSINESS ENVIRONMENT FACTORS ON INTERNATIONALIZATION OF LITHUANIAN BORN GLOBAL COMPANIES. časas, Ramūnas; Dambrauskaitė, Vilma // Ekonomika / Economics;2011, Vol. 90 Issue 3, p120 

    The paper examines the external factors that influence the internationalization of the Born Global firms in Lithuania. The identification of such factors is based on M. Porter's National Diamond model. Theoretical analysis of the model enabled us to distinguish 23 factors as potentially...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics