| Author: | Reuer, J.J. |
| Title: | Parent firm performance across international joint venture life-cycle stages |
| Journal: | Journal of International Business Studies
2000 : FIRST QUARTER, VOL. 31:1, p. 1-20 |
| Index terms: | Joint business ventures Life cycles Performance appraisal Shareholders |
| Language: | eng |
| Abstract: | This paper presents an analysis of the shareholder wealth effects of international joint venture (IJV) formation and five types of IJV termination. The empirical findings challenge common assumptions in the IJV literature, contrast prior evidence on the performance implications of market entry and exit through acquisitions and divestitures, and demonstrate the value of integrating IJV life-cycle stages in future research. |
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