Large firms differ from smaller firms in many aspects. In this research note, we investigate the relationship between the size of firm and the characteristics of equity joint ventures (EJVs). Empirically, we found that very large firms are more likely to have a higher equity stake in their EJVs,...

This study examines the impact of four source country factors on the equity ownership in international joint ventures (IJVs). These factors are exchange rate, cost of borrowing, export capability, and management orientation. Based on a sample of 8,078 IJVs in China, this study shows that equity...