haku: @journal_id 571 / yhteensä: 1184
viite: 642 / 1184
| Tekijä: | Nanda, A. Williamson, P. |
| Otsikko: | Unlocking Your Imprisoned Assets: The Joint Venture Solution |
| Lehti: | European Management Journal
1996 : VOL. 14:3, p. 229-242 |
| Asiasana: | JOINT BUSINESS VENTURES COMPETITION MANAGEMENT BUSINESS ENVIRONMENT PRODUCTION PLANNING |
| Kieli: | eng |
| Tiivistelmä: | In recent times, more intense competition has forced companies to concentrate their resources on a few, core businesses, and either to shut down or try to sell off their non-core businesses. The latter alternative has proved quite difficult, especially in the European environment. Result? - many companies have been left with 'imprisoned assets' which they no longer wish to focus on and either cannot sell or sell only at a disappointing price. Ashish Nanda and Peter Willianson first identify the characteristics of a company which is sitting on imprisoned assets, and then suggest a way of extracting value from them. The solution is to create a transitory joint venture with a partner leading eventually to a transfer of ownership, and the terms of separation can be negotiated as part of the initial deal. Discussed is how Corning, Philips, IBM and Dresser have used joint ventures. |
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