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The study of alliance governance is a significant component needed for the analysis of economic organization and the execution and performance of alliances. This authoritative volume covers the most important research conducted on strategic alliances and their governance. The editors have selected seminal papers which consider a number of important issues, including when firms use alliances relative to other organizational forms (e.g., acquisitions), alternative types of alliances, and the most important governance arrangements for inter-firm collaborations. The collection also carefully examines the specific means by which firms design alliance contracts and other dimensions of alliance governance. This indispensable volume is particularly well suited for scholars and students in strategic management, international business, management, and economics.
Despite considerable advances in the domain of corporate governance research, to date alliance scholars as well as corporate governance scholars have not begun to systematically analyze important governance issues related to the size, structure, dynamics, processes, and implications of joint venture boards and alliance committees. Significant opportunities exist to draw from the expanding corporate governance literature and bring such questions into the research agenda. Governance of Hybrid Organizations is the first attempt to develop theory and understand boards of directors in joint ventures. In doing so, it is important to draw from corporate governance research in a deeper manner. This monograph focuses on the structural design of boards, its interplay with other governance instruments, and reviews governance solutions in other types of hybrid organizations.
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