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Article: Alliance of foreign firms in equity joint ventures in China

TitleAlliance of foreign firms in equity joint ventures in China
Authors
Issue Date1998
PublisherPergamon. The Journal's web site is located at http://www.elsevier.com/locate/ibusrev
Citation
International Business Review, 1998, v. 7 n. 4, p. 329-350 How to Cite?
AbstractThe existing literature on international joint ventures focuses mainly on joint ventures between one foreign firm and one local firm. This study explores the phenomenon of alliances of multiple foreign firms in equity joint ventures (EJV) in China. Drawing upon the existing literature, this study proposes a set of conditions under which it is desirable for a foreign firm to seek partnership with another foreign firm. Five hypotheses are tested regarding the impact of alliance of foreign firms on the structure of EJVs. The data set consists of 5058 EJV formations in China between 1979 and 1993. The findings show that the presence of multiple foreign partners was associated with a higher level of foreign equity ownership, the risk conditions in China, presence of multiple Chinese partners, EJV industry sectors and locations.
Persistent Identifierhttp://hdl.handle.net/10722/223698
ISSN
2015 Impact Factor: 1.669
2015 SCImago Journal Rankings: 1.100

 

DC FieldValueLanguage
dc.contributor.authorPan, Y-
dc.contributor.authorLi, X-
dc.date.accessioned2016-03-07T08:05:11Z-
dc.date.available2016-03-07T08:05:11Z-
dc.date.issued1998-
dc.identifier.citationInternational Business Review, 1998, v. 7 n. 4, p. 329-350-
dc.identifier.issn0969-5931-
dc.identifier.urihttp://hdl.handle.net/10722/223698-
dc.description.abstractThe existing literature on international joint ventures focuses mainly on joint ventures between one foreign firm and one local firm. This study explores the phenomenon of alliances of multiple foreign firms in equity joint ventures (EJV) in China. Drawing upon the existing literature, this study proposes a set of conditions under which it is desirable for a foreign firm to seek partnership with another foreign firm. Five hypotheses are tested regarding the impact of alliance of foreign firms on the structure of EJVs. The data set consists of 5058 EJV formations in China between 1979 and 1993. The findings show that the presence of multiple foreign partners was associated with a higher level of foreign equity ownership, the risk conditions in China, presence of multiple Chinese partners, EJV industry sectors and locations.-
dc.languageeng-
dc.publisherPergamon. The Journal's web site is located at http://www.elsevier.com/locate/ibusrev-
dc.relation.ispartofInternational Business Review-
dc.rights© <year>. This manuscript version is made available under the CC-BY-NC-ND 4.0 license http://creativecommons.org/licenses/by-nc-nd/4.0/-
dc.titleAlliance of foreign firms in equity joint ventures in China-
dc.typeArticle-
dc.identifier.emailPan, Y: ypan@oregon.uoregon.edu-
dc.identifier.doi10.1016/S0969-5931(98)00021-3-
dc.identifier.hkuros44001-
dc.identifier.volume7-
dc.identifier.issue4-
dc.identifier.spage329-
dc.identifier.epage350-
dc.publisher.placeUnited Kingdom-

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