Turowski, Dieter - In: Journal of Applied Corporate Finance 17 (2005) 2, pp. 82-86
The peak year for joint venture formation was 1995, which saw almost 5,700 new ventures. Since then, however, JV activity has gone into a sharp decline, with 2004 setting a new 10-year low of just over 700 new deals, and many executives have completely dismissed joint ventures as a vehicle for...