Strategic alliance

Corporate alliance is a cooperative deal that stops short of a merger; also called a strategic alliance.

Definitions

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

Corporate Alliance. A cooperative deal that stops short of a merger; also called a strategic alliance.

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

Corporate Alliances (strategic alliances). Cooperative deals that stop short of a merger.

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

Strategic Alliance. A partnership between an organization and foreign company partner(s) in which both share resources and knowledge in developing new products or building production facilities.

Related concepts

• Financial Management. A combination of enterprise efforts undertaken in order to procure and utilize monetary resources of the enterprise.

Related lectures

• Introduction to Financial Management.