haku: @freeterm WIRTSCHAFTSTHEORIE, / yhteensä: 2
viite: 1 / 2
« edellinen | seuraava »
| Tekijä: | Reuer, J. J. Miller, K. D. |
| Otsikko: | Agency costs and the performance implications of international joint venture internalization (Unternehmenskooperation) |
| Lehti: | Strategic Management Journal
1997 : JUN, VOL. 18:6, p. 425-438 |
| Asiasana: | |
| Vapaa asiasana: | MULTINATIONALE UNTERNEHMEN, WIRTSCHAFTSTHEORIE, UNTERNEHMENSSTRATEGIE |
| Kieli: | eng |
| Tiivistelmä: | Recent studies have examined the determinants of international joint venture (IJV) formations and stock market reactions to such investments. Less is known, however, about the evolution of IJV's and the attendant performance implications for parent firms. Standard agency theory variables are hypothesized to influence parent firm valuation effects. The results indicate that parent firm valuation effects are positively related to the parent firm equity owned by insiders and the interaction of debt financing and free cash-flow. |
« edellinen | seuraava »
SCIMA