View article

Performance of international joint ventures (IJVs) has been an overarching theme of research over the past two decades. In the context of West Africa, however, IJV performance has received scant attention. This paper examines a number of aspects of performance of 57 IJVs in the West Africa context. Multivariate analysis shows that partner capabilities, capital adequacy, congruity of motives and goals are significant determinants of performance. Level of control was found to have a negative impact on performance. A further significant finding is that over a number of dimensions IJVs with a private sector host partner are perceived to perform better than IJVs with the host government as a partner.