While International Joint Ventures (IJVs) are a well acknowledged and frequently implemented organizational mode, especially with regard to international market entry strategies, they are also prone to conflicts of interests, inefficiencies, and unintended termination. Accordingly, past research...

Both, discussion and legislation in the field of corporate governance have been dominated by new institutional economics, especially agency theory. Due to its restrictive assumptions agency theory systematically disregards some important aspects that influence cooperative interaction between...

The advantageousness of corporate portfolio management (CPM) and particularly of CPM tools has been disputed among scholars for decades. A few studies that systematically analysed the relationship between applying CPM tools and firm performance are suggestive of proving a rather negative effect....