Closing the governance gap in joint ventures /

Joint ventures make meaningful contributions to corporate revenue and can enable new growth strategies, but they increase their shareholders' risk exposure, often in ways that are hard to manage. The authors see a clear statistical correlation between good governance and the medium-term financi...

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Bibliographic Details
Main Authors: Bamford, James D., 1965- (Author), Walker, Geoff (Author)
Format: eBook
Language:English
Published: [Massachusetts] : MIT Sloan Management Review, 2022.
Edition:[First edition].
Subjects:
Online Access:Connect to the full text of this electronic book
Description
Summary:Joint ventures make meaningful contributions to corporate revenue and can enable new growth strategies, but they increase their shareholders' risk exposure, often in ways that are hard to manage. The authors see a clear statistical correlation between good governance and the medium-term financial and strategic performance of JVs. To build a foundation for good governance, JV owners must reach clarity and alignment on the JV's purpose and operating model.
Item Description:"Reprint #64118."
Physical Description:1 online resource (11 pages) : illustrations
Bibliography:Includes bibliographical references.