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Dissertation
The impact of relational and structural embeddedness on alliance termination outcomes
Doctor of Philosophy (Ph.D.), Drexel University
Mar 2014
DOI:
https://doi.org/10.17918/etd-7016
Abstract
The literature on strategic alliances has extensively studied factors that contribute to the formation of alliances, choice of alliance governance, and predictors of alliance termination. However, despite extant evidence of high instability of alliance relationships, the post-termination outcomes of alliance dissolutions are understudied. In this dissertation, I try to investigate the impact of alliance termination on partners' future alliance activity. I study alliance outcomes from a social embeddedness perspective and argue that alliance termination can negatively affect firms' abilities to form new relationships, and to maintain their existing relationships. Furthermore, I present two sets of competing hypotheses based on two major benefits of network cohesion: informational advantage and social control. On the one hand, based on the informational advantages of social network, network cohesion can compensate for the adverse effect of alliance termination. On the other hand, collective sanctions and punishments resulting from the social control mechanism may increase the negative outcomes of alliance terminations. Based on the analysis of data on joint venture activities of top global chemical companies from 1990 to 2005, I find support for 1) the negative effect of alliance termination on the partners' alliance activities, and 2) the positive impact of network cohesion on alliance outcomes.
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Details
- Title
- The impact of relational and structural embeddedness on alliance termination outcomes
- Creators
- Ehsan Fakharizadi - DU
- Contributors
- Azi Gera (Advisor) - Drexel University (1970-)Vadake K. Narayanan (Advisor) - Drexel University (1970-)
- Awarding Institution
- Drexel University
- Degree Awarded
- Doctor of Philosophy (Ph.D.)
- Publisher
- Drexel University; Philadelphia, Pennsylvania
- Number of pages
- vi, 118 pages
- Resource Type
- Dissertation
- Language
- English
- Academic Unit
- Bennett S. LeBow College of Business; General Business; Drexel University
- Other Identifier
- 7016; 991014632206004721