Difference between revisions of "Joint venture"

From CNM Wiki
Jump to: navigation, search
(Definitions)
Line 7: Line 7:
 
According to [[Fundamentals of Financial Management by Eugene F. Brigham and Joel F. Houston (15th edition)]],
 
According to [[Fundamentals of Financial Management by Eugene F. Brigham and Joel F. Houston (15th edition)]],
 
:[[Joint venture]]. A corporate alliance in which two or more independent companies combine their resources to achieve a specific, limited objective.
 
:[[Joint venture]]. A corporate alliance in which two or more independent companies combine their resources to achieve a specific, limited objective.
 +
According to [[Management by Robbins and Coulter (14th edition)]],
 +
:[[Joint venture]]. A specific type of [[strategic alliance]] in which the partners agree to form a separate, independent organization for some business purpose.
  
 
==Related concepts==
 
==Related concepts==
Line 14: Line 16:
 
*[[Introduction to Financial Management]].  
 
*[[Introduction to Financial Management]].  
  
[[Category: Financial Management]][[Category: Articles]]
+
[[Category:Management]][[Category: Financial Management]][[Category: Articles]]

Revision as of 15:27, 1 June 2020

Joint venture is an enterprise that involves the joining together of parts of companies to accomplish specific, limited objectives. Joint ventures are controlled by the combined management of the two (or more) parent companies.


Definitions

According to Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition),

Joint venture. Involves the joining together of parts of companies to accomplish specific, limited objectives. Joint ventures are controlled by the combined management of the two (or more) parent companies.

According to Fundamentals of Financial Management by Eugene F. Brigham and Joel F. Houston (15th edition),

Joint venture. A corporate alliance in which two or more independent companies combine their resources to achieve a specific, limited objective.

According to Management by Robbins and Coulter (14th edition),

Joint venture. A specific type of strategic alliance in which the partners agree to form a separate, independent organization for some business purpose.

Related concepts

Related lectures