Joint Ventures Formation of Very Large Multinational Firms

Yigang Pan and Xiaolian Li
Additional contact information
Yigang Pan: York University and University of Hong Kong
Xiaolian Li: University of Hong Kong

Journal of International Business Studies, 2000, vol. 31, issue 1, 179-189

Abstract: Large firms differ from smaller firms in many aspects. In this research note, we investigate the relationship between the size of firm and the characteristics of equity joint ventures (EJVs). Empirically, we found that very large firms are more likely to have a higher equity stake in their EJVs, seek alignment with other foreign firms, engage in global industries, and invest in large-scale EJVs than smaller firms. They are also less affected by the risk conditions of the host country. Empirical testing is based on a sample of 1,298 foreign EJVs in the People's Republic of China between 1981 and 1998. Interesting differences also exist among firms that are based in the U.S., Japan, and Europe.© 2000 JIBS. Journal of International Business Studies (2000) 31, 179–189

Date: 2000
References: Add references at CitEc
Citations: View citations in EconPapers (14)

Downloads: (external link)
http://www.palgrave-journals.com/jibs/journal/v31/n1/pdf/8490896a.pdf Link to full text PDF (application/pdf)
http://www.palgrave-journals.com/jibs/journal/v31/n1/full/8490896a.html Link to full text HTML (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:jintbs:v:31:y:2000:i:1:p:179-189

Ordering information: This journal article can be ordered from
http://www.springer. ... nt/journal/41267/PS2

Access Statistics for this article

Journal of International Business Studies is currently edited by John Cantwell

More articles in Journal of International Business Studies from Palgrave Macmillan, Academy of International Business
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().