Business combinations are a topic in different scientific disciplines. Primarily they are considered by scholars in economics, strategic management, organization theory, capital market theory and law, but also in psychology and sociology (see e.g., Jansen, 1998, 28). There is a great terminological variety and definitions are often not used in a consistent manner. This is especially true for the literature on joint ventures and alliances (Eisele, 1995, 9). In order to meaningfully compare results of empirical research it is necessary to derive a clear delimitation and classification of these terms and a clear definition of the generic term business combination.
KeywordsTransaction Cost Economic Asset Specificity Resource Dependence Theory Reduce Information Asymmetry Transaction Cost Theory
Unable to display preview. Download preview PDF.