The termination of international joint ventures: Closure and acquisition by domestic and foreign partners

Volume: 24, Issue: 4, Pages: 677 - 689
Published: Aug 1, 2015
Abstract
We study different modes of terminating international joint ventures, namely closure and acquisition, and find that different forces govern the two termination modes. Decisions regarding asset specificity and the size of the venture affect the likelihood of closure, but not that of acquisition. In contrast, full acquisition by one of the partners is related to history of the venture before the joint venture was formed, to decisions made at the...
Paper Details
Title
The termination of international joint ventures: Closure and acquisition by domestic and foreign partners
Published Date
Aug 1, 2015
Volume
24
Issue
4
Pages
677 - 689
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