Closing the governance gap in joint ventures

Joint ventures make meaningful contributions to corporate revenue and can enable new growth strategies, but they increase their shareholders' risk exposure, often in ways that are hard to manage. The authors see a clear statistical correlation between good governance and the medium-term financi...

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Bibliographic Details
Main Authors: Bamford, James D., Walker, Geoff (Author)
Format: eBook
Language:English
Published: [Massachusetts] MIT Sloan Management Review 2022
Edition:[First edition]
Subjects:
Online Access:
Collection: O'Reilly - Collection details see MPG.ReNa
Description
Summary:Joint ventures make meaningful contributions to corporate revenue and can enable new growth strategies, but they increase their shareholders' risk exposure, often in ways that are hard to manage. The authors see a clear statistical correlation between good governance and the medium-term financial and strategic performance of JVs. To build a foundation for good governance, JV owners must reach clarity and alignment on the JV's purpose and operating model
Item Description:"Reprint #64118.
Physical Description:11 pages illustrations