The governance of joint ventures matters. Today, many companies hold interests in numerous joint ventures – businesses or assets that offer great promise and introduce significant risks due to their shared ownership and decision-making structure.
The advantages JVs offer can come with challenges that make joint venture agreements more difficult to negotiate.
More than 5,000 joint ventures, and many more contractual alliances, have been launched worldwide in the past five years.
To make it through the downturn and return to growth, companies will need to rewire operations, reallocate resources, and in some cases reinvent business models. Joint ventures and partnerships can help many firms with those efforts.
The boards of public companies are watched carefully to see how they’re doing on gender parity and other measures of diversity.
Alliances play a major role in almost every industry—from airlines to oil exploration, from pharmaceuticals to semiconductors.
The Strategic Imperatives of Getting a JV Off the Ground
JV transactions have complexities not found in traditional M&A – yet they’re often executed without the help of investment bankers. That can create pitfalls in the deal process.
Handling the sensitive matter of providing meaningful feedback to individual Board Directors.