The Relative Performance of Joint Ventures and Wholly-Owned Subsidiaries and the Reasons why they exit
Hauptbeschreibung Using data on more than 200 foreign entries made by Dutch MNEs between 1995 and 2003, this study examines the relative performance of jointly-owned and wholly-owned affiliates and sheds light on the underlying reasons why these two types of affiliates exit. By employing performance measures such as average longevity and exit rate, and by differentiating between exits throu
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