International equity joint ventures in Ghana and Cote d'Ivoire: The experience of British and French firms

Bartels, Frank L., Johnson, James P., and Ahmed, Zafar U. (2002) International equity joint ventures in Ghana and Cote d'Ivoire: The experience of British and French firms. Journal of African Business, 3 (3). pp. 5-30.

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Abstract

This paper examines international equity joint ventures (IJVs) in West Africa, presenting data from 45 British and French alliances with local partners in Ghana and Cote D'Ivoire. A comparison with prior studies finds remarkable consistency in the characteristics of IJVs between firms from DCs and LDCs in the following dimensions: motives, instability, asymmetry in equity distribution, frequency of government association, source of CEO, autonomy in management. Differences in IJVs between developed and less developed countries appear cursory rather than fundamental and focus on MNEs' dissatisfaction with IJV performance, the control relationship, and level of equity.

Item ID: 13554
Item Type: Article (Research - C1)
ISSN: 1522-8916
Keywords: joint ventures; strategic alliance; West Africa
Date Deposited: 16 Nov 2010 23:51
FoR Codes: 15 COMMERCE, MANAGEMENT, TOURISM AND SERVICES > 1502 Banking, Finance and Investment > 150299 Banking, Finance and Investment not elsewhere classified @ 100%
SEO Codes: 90 COMMERCIAL SERVICES AND TOURISM > 9001 Financial Services > 900199 Financial Services not elsewhere classified @ 100%
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