Four years after the debacle, the term 'Enron' has earned its place in the everyday vocabulary of business ethics. Hardly anyone understands the business intricacies of what really happened with the sophisticated energy conglomerate. Even fewer are those able to envision, beyond the business...

This book introduces readers to a powerful method for cross-cultural due diligence in mergers and organizational collaborations. It employs the context of joint ventures between local communities and companies in the domain of hospitality in emerging tourism destinations. The book first analyzes...

Managers in international joint ventures work with resources contributed by investors from multiple nationalities. Fan Wu shows through a series of experimental studies among students and managers from China, South Korea, Germany, and the USA that cultural affinity between the manager and one of...

Joint Venture als Spannungsfeld unternehmerischer Zusammenarbeit -- Internationalisierung, ihre Motive und Formen -- Erfolgsfaktorenforschung deutsch-russischer Gemeinschaftsunternehmen -- Deutsch-russische Wirtschaftsbeziehungen.

Introduction to This Study: This Study’s Coverage and Distinctive Features -- Chapter 12: Horizontal Mergers and Acquisitions -- Chapter 13: Conglomerate Mergers and Acquisitions -- Chapter 14: Vertical Mergers and the Pricing Techniques, Contract-of-Sale Provisions, and Sales-Policies That...

Assessing the Need For a Chinese Partner -- JVs vs. WFOEs -- China’s JV Implementation Laws -- Equity and Co-operative JVs -- Legal and Financial Due Diligence -- Memorandums of Understanding -- Key Points in JV Negotiations -- Encouraged Industry Applications -- Development Zones and Tax...

A frequent choice for market entry to China is the international joint venture (IJV) with a Chinese partner. This is regarded as an adequate market entry if complex technological knowledge is to be transferred to the new location. However, IJVs also represent an easy way for local partners to...

Asymmetrische Informationen, Moral-Hazard und Adverse Selektion führen oft zum Scheitern bzw. zur Ineffizienz von Unternehmensakquisitionen. Mit Joint-Ventures und Earnouts (Akquisitionen mit vertraglich fixierten bedingten Kaufpreiszahlungen) existieren zwei zu gewöhnlichen Akquisitionen...

Aufbau des Buches -- Aufbau des Buches -- Das Konzept der vertikalen Integration -- Charakterisierung der vertikalen Integration -- Strategische Motive der vertikalen Integration -- Treiber der vertikalen Integration -- Trends der vertikalen Integration in exemplarischen Wertschöpfungsketten --...