Results 181 to 190 of about 1,595 (235)

Foreign equity caps for international joint ventures [PDF]

open access: possibleEconomics Bulletin, 2004
We analyze foreign equity caps for international joint ventures. We develop a partial equilibrium model in which foreign equity caps are determined endogenously and find an interesting property, named a welfare indifference property i.e., maximization of domestic welfare and that of world welfare are indifferent for the host government.
Yasunobu Tomoda, Hiroshi Kurata
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A transaction costs theory of equity joint ventures

Strategic Management Journal, 1988
Abstract This paper presents a transaction costs theory of equity joint ventures. It distinguishes between ‘scale’ and ‘link’ JVs. Scale JVs arise when parents seek to internalize a failing market, but indivisibilities due to scale or scope economies make full ownership of the relevant assets inefficient.
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The Rationale for International Equity Joint Ventures

European Management Journal, 2004
This study examines the rationale for the formation of international equity joint ventures (IJVs) from the perspectives of the transactions cost and resource based theories. The study adopts a multi-method personal interview and self-administered questionnaire approach to examine the rationale for the decision to form an IJV in the parent firms.
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Equity Investment Alliances and Joint Ventures

2013
The next step along the strategic alliance progression is when a globalizer invests in a venture overseas or, in other words, takes an equity position. Equity can take the form of acquiring a minority shareholding in an ongoing operation or the establishment of a new enterprise with two or more partners in the form of a joint venture. This chapter will
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Joint ventures or non‐equity alliances? Evidence from Italian firms

Management Decision, 2013
PurposeThe purpose of this paper is to investigate the factors affecting the choice between joint ventures and non‐equity alliances, when firms enter foreign markets.Design/methodology/approachUsing a database of Italian firms compiled by the authors with 879 observations, the paper tests the possible effects of firm specific characteristics, host ...
Majocchi, Antonio   +2 more
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Equity joint ventures in the Chinese construction industry

International Journal of Project Management, 1988
Abstract In order to penetrate the Chinese construction market, some Hong Kong or overseas contractors form joint venture companies with Chinese construction organization's. This paper describes in detail the formation and operation of such ventures. Laws and regulations that must be complied with are outlined.
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Parent company dissimilarity and equity international joint venture effectiveness

Journal of International Management, 2001
Abstract Based upon existing literature and research findings, the relationships between functional and dysfunctional parent company dissimilarity and equity international joint venture (EIJV) effectiveness are examined. Managers of potential EIJVs face a dilemma.
Orly Yeheskel   +3 more
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International Joint Venture Equity Ownership Change:Frequency and Directional Reversals

Academy of Management Proceedings, 2012
Changes in equity ownership between international joint venture (IJV) partners over an IJV life-course represent important relational dynamics. We examine each occurrence of equity ownership change for two salient temporal properties: frequency (how often ownership change occurs) and directional reversal (when a partner buys and then sells, or vice ...
Akie Iriyama   +2 more
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Contractual incompleteness and the optimality of equity joint ventures

Journal of Economic Behavior & Organization, 1998
Firms engaged in the pooling of complementary skills often choose the Equity Joint Venture (EJV) over alternative profit-sharing arrangements. This paper addresses the issue of how equity shares are different from profit shares. It is shown that, in settings of contractual incompleteness, marketable equity ownership, when compared to non-transferable ...
Tao, Z, Dasgupta, S
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Decision‐making Autonomy in UK International Equity Joint Ventures

British Journal of Management, 2003
AbstractThis paper investigates approaches to decision making in international joint ventures (IJVs) from the perspectives of the transactions cost and resource‐based theories of the firm. In particular, the concept of autonomy in decision‐making in a sample of UK‐European equity joint ventures is examined.
Keith W. Glaister   +2 more
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