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Persistent link: https://www.econbiz.de/10000671570

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Ballon, Robert Jean (ed.) - 1967 - 1. print

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Rechtliche Rahmenbedingungen für Investitionen in der Volksrepublik China

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Whole versus shared ownership of foreign affiliates

Raff, Horst (contributor); Ryan, Michael (contributor); … - 2008

This paper studies why multinational firms often share ownership of a foreign affiliate with a local partner even in the absence of government restrictions on ownership. We show that shared ownership may arise, if (i) the partner owns assets that are potentially important for the investment...