2014
DOI: 10.22452/ijps.vol4no1.3
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Managing Conflicts in Joint Venture Projects

Abstract: A joint venture (JV) involves two or more businesses pooling their resources and expertise to achieve a particular goal, where the risks and rewards are shared. JV has become popular because of their importance as a strategic alternative in global competition. The number of JV has increased over the past two decades due to intensified technology, competitive challenges and market globalisation but it is important to understand what causes some JV to fail and others to succeed. Conflict is the main reason that … Show more

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Cited by 4 publications
(3 citation statements)
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References 19 publications
(24 reference statements)
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“…Interviewers further elaborated that the use of a dispute resolution mechanism is very much appropriate for this. Besides, there must be a mutual agreement on that mechanism because, according to Karim and Danuri (2014), a lack of mutual understanding of conflict management mechanisms is also a major challenge for JV.…”
Section: Research Findings and Discussionmentioning
confidence: 99%
See 1 more Smart Citation
“…Interviewers further elaborated that the use of a dispute resolution mechanism is very much appropriate for this. Besides, there must be a mutual agreement on that mechanism because, according to Karim and Danuri (2014), a lack of mutual understanding of conflict management mechanisms is also a major challenge for JV.…”
Section: Research Findings and Discussionmentioning
confidence: 99%
“…Therefore, conflicts are inevitable in ICJVs, resulting from poor consideration of the above conditions (Rauzana, 2016). According to Karim et al (2014), conflicts are one of the main causes of the failure of ICJVs. Conflicts in the ICJV could result in delays in project completion, reputational damage to the project stakeholders and losses (Atkinson, 1999; Cakmak and Cakmak, 2014).…”
Section: Introductionmentioning
confidence: 99%
“…Abd-Karim et al (2014) mention discipline, unclear instructions from superiors, and differences in management styles are primary reasons for conflicts in a JV operation. Intrapersonal conflict is also common in a JV, which if not tacked by the managers may result in frustration, complaint, stress, opinion, sarcasm and noncooperation.…”
Section: Overview Of Facility Location Problem and Related Literaturementioning
confidence: 99%