Corporate Governance of International Joint Ventures
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Title: Corporate Governance of International Joint Ventures

Essay Details:

Subject: Business
Author: Donna D
Date: December 5, 2014
Level: University
Grade: A
Length: 12 / 3537

Essay text:

Thereby it is appropriated to examine the relationship between the parental firms, and how they can elaborate the operation of the Board of Directors and the Joint Venture managers. This refers to an organization of activities, which had to be done in a single company, and now has to assimilate of two distinct companies. Specifically, by designing contracts and control mechanisms of BOD and parent firms, IJV is less likely to encounter with agency and hold up problem. Key Words Agency problems, hold-up problem, formal control, behavior control, Board of Directors, parent firm, IJV managers, complete contract...

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