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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, Vol.2 No.1, pp. 189-203
Keywords
Financial performancecross-cultural researchcommercial 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
https://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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