Ownership Increase in International Joint Ventures: The Within- and Across-Country Flexibility Perspective
Abstract
We employ the real options perspective to examine how multinational corporations (MNCs) increase ownership levels in their international joint ventures (IJVs) to exploit (or utilize) both within- and across-country flexibility. This paper utilize a rich dataset of South Korean firms’ foreign affiliates to test hypotheses derived from the real options theory. It examines the roles of growth options that require small equity stakes under...
Paper Details
Title
Ownership Increase in International Joint Ventures: The Within- and Across-Country Flexibility Perspective
Published Date
Sep 15, 2016
Volume
57
Issue
1
Pages
93 - 120
Citation AnalysisPro
You’ll need to upgrade your plan to Pro
Looking to understand the true influence of a researcher’s work across journals & affiliations?
- Scinapse’s Top 10 Citation Journals & Affiliations graph reveals the quality and authenticity of citations received by a paper.
- Discover whether citations have been inflated due to self-citations, or if citations include institutional bias.
Notes
History