원문정보
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초록
영어
An investigation on the shareholder value effects of 233 joint venture announcements of Dutch public companies was made in the period 1987 till 1998. The research shows that, on average, establishing joint ventures has a positive effect on the market value of Dutch companies. The results indicate that joint ventures are preferred when a company is under pressure. It also shows that the factors of strategic intention, the environment in which the strategy is unfolded and the extent to which the company has control over the implementation strongly explains the extent to which a joint venture can create value.
목차
Abstract
I. Introduction
II. Data and Methodology and Results
1. Data
2. Methodology
III. Results
1. Results of the Event study
2. Impact of the joint venture strategy on CAR
3. Joint venture strategy
4. Control variables
5. Autonomous relationships
6. Estimated functions and testing results
IV. Summary and Conclusions
1. Strategy Content
2. Strategy Context
3. Strategy Conrol
References
List of Table
I. Introduction
II. Data and Methodology and Results
1. Data
2. Methodology
III. Results
1. Results of the Event study
2. Impact of the joint venture strategy on CAR
3. Joint venture strategy
4. Control variables
5. Autonomous relationships
6. Estimated functions and testing results
IV. Summary and Conclusions
1. Strategy Content
2. Strategy Context
3. Strategy Conrol
References
List of Table
저자정보
참고문헌
자료제공 : 네이버학술정보