TY - JOUR AB - Purpose– The purpose of this paper is to develop a social exchange perspective of planned short‐term dyadic strategic alliances.Design/methodology/approach– The article adopts a conceptual approach drawing on social exchange theory to elicit innovative conclusions about short‐term dyadic strategic alliances.Findings– Finds that planned short‐term dyadic strategic alliances are difficult to manage, limit social control mechanisms, limit reciprocal activity and interrupt the development of trust.Practical implications– The article can help managers and analysts working in investment banking to understand the underlying causes of alliance instability and/or failure in their industry.Originality/value– The article offers practical insights into the functioning and management of short‐term dyadic alliances which will be of interest to both researchers and practising managers. VL - 44 IS - 5 SN - 0025-1747 DO - 10.1108/00251740610668879 UR - https://doi.org/10.1108/00251740610668879 AU - Bignoux Stephane PY - 2006 Y1 - 2006/01/01 TI - Short‐term strategic alliances: a social exchange perspective T2 - Management Decision PB - Emerald Group Publishing Limited SP - 615 EP - 627 Y2 - 2024/04/20 ER -