This article posits that the effect of political hazards on the choice of market entry mode varies across multinational firms based on the extent to which they face expropriation hazards from their potential joint-venture partners in the host country (the level of contractual hazards). As...

This paper demonstrates that the effect of political hazards on the choice of market entry mode varies across multinational firms based on the extent to which they face expropriation hazards from their potential joint-venture partners in the host country (the level of contractual hazards). As...

Obwohl die Wirkung der Joint Venture auf volkswirtschaftlicher Ebene nur punktuell meßbare Situationen erreicht, konnte ihr transformatiosfördernder Effekt im Kleinen am russischen Beispiel nachgewiesen werden. Joint Ventures verhalten sich tatsächlich relativ robust gegenüber...