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Cultural Distance in Joint Ventures by Stewy Nguyen is a document available to read on EtoBox.
This annotated bibliography summarizes a journal article that examines the relationship between cultural distance and foreign equity ownership in international joint ventures in China. The article finds that greater cultural distance tends to increase investment risks for foreign investors in joint ventures. However, foreign investors may reduce these risks by acquiring a larger ownership stake and more control rights. Therefore, increased cultural differences may motivate foreign investors to contribute mo
- Author
- Stewy Nguyen
- Language
- EN