IDEAS home Printed from https://ideas.repec.org/a/ids/ijhrcs/v1y2009i1p89-106.html
   My bibliography  Save this article

A struggling international partnership: TNK-BP joint venture

Author

Listed:
  • A. Cemal Ekin
  • Thomas R. King

Abstract

Joint ventures with equity participation by partners bring together parties with different capabilities to achieve a common goal. The expectation typically focuses on synergy that will benefit both parties. BP, the British oil company and the Russian conglomerate TNK formed a joint venture with similar hopes. BP offered its significant market power in the world and technological know-how; TNK brought to the table the vast oil reserves in the steppes of Siberia. In a few short years, the venture started manifesting instability primarily caused by the differences in economic motives and cultural orientations of the partners. This paper traces the chronology of events in the souring relationships between the partners as evidenced in recent times and assesses the instability of the venture.

Suggested Citation

  • A. Cemal Ekin & Thomas R. King, 2009. "A struggling international partnership: TNK-BP joint venture," International Journal of Human Rights and Constitutional Studies, Inderscience Enterprises Ltd, vol. 1(1), pages 89-106.
    • Handle: RePEc:ids:ijhrcs:v:1:y:2009:i:1:p:89-106
    as

    Download full text from publisher

    File URL: http://www.inderscience.com/link.php?id=23653
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ids:ijhrcs:v:1:y:2009:i:1:p:89-106. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sarah Parker (email available below). General contact details of provider: http://www.inderscience.com/browse/index.php?journalID=403 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.