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Title Details

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Title   Contractual Joint Ventures in China Formation Evolution & Operation 

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Author   WANG Y  ISBN   9781604568165  Add to shopping cart   
Publisher   NOVA SCIENCE PUBLISHERS  Group   Commerce/Law View shopping cart
Binding   Hardback Category   Int Business  Terms and conditions
Edition   1 Type   Go back
Publication Year    
Subject   Business & management 
Stock Status   Not currently in stock - contact store for availability 
Order Status   Not currently on order 
Synopsis This pioneering book of CJVs (Contractual Joint Ventures) in China reveals the nature of CJVs as a type of non-equity based alliance arrangement, possessing both quasi-market and quasi-hierarchy features. It is one of the three major forms of FDI (Foreign Direct Investment) prescribed by Chinese government. There is now a substantial research on EJVs (Equity Joint Ventures) and WFOEs (Wholly Foreign Owned Enterprises). Based on the author's rich and extensive field research, the book shows that transaction cost considerations explained the choice of CJVs over quasi-market processing and (P&A) assembling contracts on the one hand and EVJs on the other. The author also shows why and how CJVs remained an efficient governance structure over time in a changing institutional environment.

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