| Author: | Gomes-Casseres, B. |
| Title: | Joint venture instability : is it a problem? |
| Journal: | Columbia Journal of World Business
1987 : SUMMER, VOL. 22:2, p. 97-102 |
| Index terms: | JOINT BUSINESS VENTURES USA |
| Language: | eng |
| Abstract: | The evidence for joint venture instability is examined in a sample of over 5000 subsidiaries of 180 large US multinationals. Instability in ownership structures reflects sequential in foreign investment. In one cases, ownership changes after entry were corrections of mistakes made when subsidiaries were first established. In other cases, they represented adaptations to changes in environmental conditions. In these cases joint venture instability may be seen as a sign of success, not failure. |
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