International Joint Ventures and Political Risk

• Main Authors: Janakiramanan, Sundaram, Asjeet S., Lamba
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2004
• Subjects: International joint ventures; Political risk; Shareholder wealth; Event study; Finance and Financial Management; Portfolio and Security Analysis
• Online Access: https://ink.library.smu.edu.sg/lkcsb_research/2350; https://ink.library.smu.edu.sg/context/lkcsb_research/article/3349/viewcontent/auto_convert.pdf
• Institution: Singapore Management University

In recent years, a number of researchers have examined the existence and source of shareholder wealth effects around announcements of international joint ventures. The results of these studies are mixed with no clear answers as to when and why investors attach value to firms using joint ventures to...