Does Ownership and Culture Matter to Joint Venture Success?

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Does Ownership and Culture Matter to Joint Venture Success? Powered By Docstoc
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Description: Previous study shows that equity structure and cultural difference are important factors that influence the performance of joint ventures (JVs). Based on the JVs contract database and Import/Export ranking database we collected, our analysis shows that the performance of monopoly controlled JVs is better that others under the domestic market situation. However, cultural difference is not the hindering factor to performance; in fact, heterogeneity has provided JVs better outcomes. Based on grouped data samples, it is believed that a higher ratio of Chinese equity in JVs will create better export performance. However, the relation between foreign equity and import orientation is not significant. [PUBLICATION ABSTRACT]
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