| Popis: |
The family-controlled firm and the state-owned enterprise are the most common ownership structures in Asia. Foreign firms seeking local joint venture partners in Asia will, of necessity, face the prospect of allying with family-controlled firms. Family control in firms creates special concerns that alliance partners should anticipate. Signs of family stability, well-laid succession plans and clearly demarcated professional decision-making represent attractive characteristics for foreign partners. This article will examine the implications of these and other features for alliance partners, using case studies from Indian business. It will also suggest useful sources from which potential partners can obtain information on family-controlled firms. |
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