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Asymmetric wealth gains in joint ventures: Theory and evidence

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  • Shyam Kumar, M.V.

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  • Shyam Kumar, M.V., 2007. "Asymmetric wealth gains in joint ventures: Theory and evidence," Finance Research Letters, Elsevier, vol. 4(1), pages 19-27, March.
  • Handle: RePEc:eee:finlet:v:4:y:2007:i:1:p:19-27
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    References listed on IDEAS

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    1. Tarun Khanna, 1998. "The Scope of Alliances," Organization Science, INFORMS, vol. 9(3), pages 340-355, June.
    2. McConnell, John J & Nantell, Timothy J, 1985. "Corporate Combinations and Common Stock Returns: The Case of Joint Ventures," Journal of Finance, American Finance Association, vol. 40(2), pages 519-536, June.
    3. Timothy Erickson & Toni M. Whited, 2006. "On the Accuracy of Different Measures of q," Financial Management, Financial Management Association International, vol. 35(3), pages 5-33, September.
    4. Balakrishnan, Srinivasan & Koza, Mitchell P., 1993. "Information asymmetry, adverse selection and joint-ventures : Theory and evidence," Journal of Economic Behavior & Organization, Elsevier, vol. 20(1), pages 99-117, January.
    5. Johnson, Shane A. & Houston, Mark B., 2000. "A Rexamination of the Motives and Gains in Joint Ventures," Journal of Financial and Quantitative Analysis, Cambridge University Press, vol. 35(1), pages 67-85, March.
    6. Jean‐Francois Hennart, 1988. "A transaction costs theory of equity joint ventures," Strategic Management Journal, Wiley Blackwell, vol. 9(4), pages 361-374, July.
    7. Bruce Kogut, 1991. "Joint Ventures and the Option to Expand and Acquire," Management Science, INFORMS, vol. 37(1), pages 19-33, January.
    8. Hemant Merchant & Dan Schendel, 2000. "How do international joint ventures create shareholder value?," Strategic Management Journal, Wiley Blackwell, vol. 21(7), pages 723-737, July.
    9. Bharat N. Anand & Tarun Khanna, 2000. "Do firms learn to create value? The case of alliances," Strategic Management Journal, Wiley Blackwell, vol. 21(3), pages 295-315, March.
    10. Su, Han Chan & Kensinger, John W. & Keown, Arthur J. & Martin, John D., 1997. "Do strategic alliances create value?," Journal of Financial Economics, Elsevier, vol. 46(2), pages 199-221, November.
    11. J. Randall Woolridge & Charles C. Snow, 1990. "Stock market reaction to strategic investment decisions," Strategic Management Journal, Wiley Blackwell, vol. 11(5), pages 353-363, September.
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    Cited by:

    1. Bowden, Roger J. & Posch, Peter N. & Ullmann, Daniel, 2018. "Income distribution in troubled times: Disadvantage and dispersion dynamics in Europe 2005–2013," Finance Research Letters, Elsevier, vol. 25(C), pages 36-40.
    2. Cuypers, I.R.P., 2009. "Essays on equity joint ventures, uncertainty and experience," Other publications TiSEM 8dc79e86-c625-467f-a450-8, Tilburg University, School of Economics and Management.
    3. Parmjit Kaur & Randeep Kaur, 2019. "Effects of Strategic Investment Decisions on Value of Firm: Evidence from India," Paradigm, , vol. 23(1), pages 1-19, June.
    4. Ushijima, Tatsuo, 2010. "Understanding partial mergers in Japan," Journal of Banking & Finance, Elsevier, vol. 34(12), pages 2941-2953, December.
    5. Zhang, Xiaoxiang & Wen, Jie, 2016. "The impacts of economic importance difference of a joint venture (JV) held by partners and partners' size difference on the extraction of rivalrous and non-rivalrous private benefits in a JV," International Review of Financial Analysis, Elsevier, vol. 48(C), pages 46-54.

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