International Joint Ventures and Shareholder Value Creation: Evidence from Manufacturing and Non-manufacturing Sectors

نویسندگان

چکیده

برای دانلود باید عضویت طلایی داشته باشید

برای دانلود متن کامل این مقاله و بیش از 32 میلیون مقاله دیگر ابتدا ثبت نام کنید

اگر عضو سایت هستید لطفا وارد حساب کاربری خود شوید

منابع مشابه

International Capital Movements and Relative Wages: Evidence from U.S. Manufacturing Industries

In this paper, we use a multi-sector specific factors model with international capital mobility to examine the effects of globalization on the skill premium in U.S. manufacturing industries. This model allows us to identify two channels through which globalization affects relative wages: effects of international capital flows transmitted through changes in interest rates, and effects of international...

متن کامل

Manufacturing Firm Size Distribution in Iran Evidence from Food & Beverages and Non-Metallic Mineral Products

Empirical studies have shown that the size distribution of firms can be described as a lognormal or Pareto distribution. However, these studies have focused on developed countries and little attention has been devoted to developing countries. Using the variable of number of employees as a measure of firm size, this paper investigates the shape of firm size distribution in the food & beverages i...

متن کامل

The costs of shared ownership: Evidence from international joint ventures

This paper analyzes the determinants of partial ownership of the foreign affiliates of U.S. multinational firms and, in particular, the marked decline in the use of joint ventures over the last 20 years. The evidence indicates that whole ownership is most common when firms coordinate integrated production activities across different locations, transfer technology, and benefit from worldwide tax...

متن کامل

Theoretical framework for research in growth performance of International Manufacturing Joint Ventures

International Manufacturing Joint Ventures (IMJV) are a challenge for managers when exploitingbundled resources for growth performances. From an intra firm perspective it is argued that because of lack of organizational memory in an IMJV, managers must construct an administrative framework which guides organizational members in replicating learning, on how to deploy machines and methods, and es...

متن کامل

International Joint Ventures and the Value of Growth Options

Real options theory predicts that international joint ventures (IJVs) confer valuable growth options to firms, yet there has been no direct evidence on whether firms actually capture growth option value from such investments or under what conditions. We bridge the gap between theory and evidence by empirically testing this prediction, and we also develop the theoretical arguments that an IJV’s ...

متن کامل

ذخیره در منابع من


  با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید

ژورنال

عنوان ژورنال: Vikalpa: The Journal for Decision Makers

سال: 2001

ISSN: 0256-0909,2395-3799

DOI: 10.1177/0256090920010403