SHERP

How the Nature of Ownership and Cultural Variables in International Joint Ventures Affect the Shaping of Business Strategies and Financial Performance

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Authors
Yoon, SuckChul
Issue Date
1996
Publisher
College of Business Administration (경영대학)
Citation
Seoul Journal of Business Vol2(1): 189~203(1996)
Keywords
Financial performance; cross-cultural research; commercial banks in Korea
Abstract
The study analyzed a Korean case in which two commercial banks started
their operation with different composition of ownership.
The study has shown that the different nature of the ownership generated
different assumptions and values in the two banks, and these assumptions
and values in turn played vital roles in the shaping of different strategies
adopted in the two banks. The study has also shown that these different
strategies were responsible for the different levels of organizational commitment
of employees resulting in significant gaps in financial performance be -
tween the two banks.
The findings of the study should be used to caution researchers in organization
science against conducting exclusively behavioral-or perhaps even exclusively
strategic-empirical studies that focus on a narrow set of possible
explanatory variables. Thus, the study argued that progress in the field of
cross-cultural research could perhaps best be facilitated through more integrative
research approaches that cross traditional methodological and disciplinary
boundaries.
ISSN
1226-9816
Language
English
URI
http://hdl.handle.net/10371/1769
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College of Business Administration/Business School (경영대학/대학원)Dept. of Business Administration (경영학과)Seoul Journal of BusinessSeoul Journal of Business Volume 02, Number 1 (1996)
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