Ownership and control in international joint ventures: a case study between a Spanish multinational and a public Chinese company

The literature has highlighted the paper of the participation in the capital of the international joint venture as mechanism of control. Nevertheless, a partner cannot trust exclusively in the above mentioned participation to guarantee the success of his strategy. By means of the study of a case, th...

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Bibliographic Details
Published in:Universia business review 2012-01, Vol.33, p.122-143
Main Authors: Mohedano-Suanes, Antonia, Benavides-Espinosa, María Del Mar
Format: Article
Language:Spanish
Subjects:
Capital
Case studies
China
Joint ventures
Multinational enterprises
Ownership and control
Planning methods
Public enterprises
Spain
Western Europe
Online Access:Get full text
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Summary:The literature has highlighted the paper of the participation in the capital of the international joint venture as mechanism of control. Nevertheless, a partner cannot trust exclusively in the above mentioned participation to guarantee the success of his strategy. By means of the study of a case, the present work emphasizes that, even in possession of the majority of the capital, a partner must resort to other mechanisms of control, between which they have special importance the policies of personnel relative to the managerial positions of the IJV.
ISSN:1698-5117