International Joint Ventures in China: Ownership, Control and Performance

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Corporate governance, namely the relationship between the ownership and control of firms, takes on new dimensions in the case of international joint ventures operating in the special context of China. This study presents an examination of this relationship, firstly through its conceptual refinement, and secondly through empirical research. It develops the concept of ownership as suited to joint ventures, in which account is taken of non-capital resourcing by foreign and Chinese partners.