Ojah, Kalu; Seitz, Neil E; Rawashdeh, Mufeed - In: The Financial Review 32 (1997) 3, pp. 477-99
In this study, announcements by U.S. firms of offshore joint venture manufacturing during the 1980s are used to provide more comprehensive evidence than past studies on the wealth effects of offshore joint ventures. Evidence shows that the target country's level of economic development and...