 Ownership Investments and International Technology TransferYanni Yan Chapter 7 in Foreign Investment and Corporate Governance in China, 2005, pp 142-162 from Palgrave Macmillan Abstract: Abstract A partner firm with a majority of the equity shares in an international strategic alliance usually has more rights and powers to appoint its members to the board of directors and more rights to appoint senior managers within the joint venture. A firm with greater equity investment thus has superior resource leverage and this in turn increases control over corporate governance. Ownership determinants are identified as major factors in explaining the extent to which an investing firm has control over the style of an international strategic alliance’s corporate governance. Technology brought in by the foreign partner is commonly treated as a critical part of firm-specific resources, knowledge and capabilities and will be valued as equity for part of the investment. It plays a disproportionate role in specifying explicitly its power and control rights. From a research perspective, it becomes important to measure the effect that the various investment contributions make to the ownership, management and control of an international strategic alliance. Keywords: Corporate Governance; Technology Transfer; Foreign Firm; Strategic Alliance; Local Firm (search for similar items in EconPapers) There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-51485-0_7 Ordering information: This item can be ordered from Access Statistics for this chapter More chapters in Palgrave Macmillan Books from Palgrave Macmillan |
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