Overcoming institutional voids via arbitration

Extending the literature on institutional voids, we introduce theory from law that highlights the ability of firms to choose the laws and enforcement mechanisms that govern their international joint ventures (IJVs). Specifically, firms may overcome institutional voids by borrowing institutions via b...

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Bibliographic Details
Main Authors: Pinkham, B., Peng, Mike
Format: Journal Article
Published: Palgrave Macmillan 2017
Online Access:http://hdl.handle.net/20.500.11937/53670
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author Pinkham, B.
Peng, Mike
author_facet Pinkham, B.
Peng, Mike
author_sort Pinkham, B.
building Curtin Institutional Repository
collection Online Access
description Extending the literature on institutional voids, we introduce theory from law that highlights the ability of firms to choose the laws and enforcement mechanisms that govern their international joint ventures (IJVs). Specifically, firms may overcome institutional voids by borrowing institutions via binding international commercial arbitration (BICA) rather than relying on host-market institutions. Leveraging an institution-based view, we develop a theoretical framework to articulate the conditions under which IJV partners may choose BICA as opposed to domestic courts to overcome institutional voids in host markets.
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spelling curtin-20.500.11937-536702017-10-10T06:32:24Z Overcoming institutional voids via arbitration Pinkham, B. Peng, Mike Extending the literature on institutional voids, we introduce theory from law that highlights the ability of firms to choose the laws and enforcement mechanisms that govern their international joint ventures (IJVs). Specifically, firms may overcome institutional voids by borrowing institutions via binding international commercial arbitration (BICA) rather than relying on host-market institutions. Leveraging an institution-based view, we develop a theoretical framework to articulate the conditions under which IJV partners may choose BICA as opposed to domestic courts to overcome institutional voids in host markets. 2017 Journal Article http://hdl.handle.net/20.500.11937/53670 10.1057/s41267-016-0026-z Palgrave Macmillan restricted
spellingShingle Pinkham, B.
Peng, Mike
Overcoming institutional voids via arbitration
title Overcoming institutional voids via arbitration
title_full Overcoming institutional voids via arbitration
title_fullStr Overcoming institutional voids via arbitration
title_full_unstemmed Overcoming institutional voids via arbitration
title_short Overcoming institutional voids via arbitration
title_sort overcoming institutional voids via arbitration
url http://hdl.handle.net/20.500.11937/53670