How owner-provided marketing services play a critical role in defining the scope and economics of the venture
Most JVs can and should lean on their owner companies for a variety of support – but the benefits may come with costs, risks, and potential conflicts. Here’s our advice on managing these complex commercial relationships.
Good governance matters to the performance of joint ventures. Our Joint Venture Governance Index is a rigorous, independent, data-driven way to measure governance strength.
To this day, our Standards of JV Portfolio Governance Excellence remain the only tool for companies to independent- ly calibrate themselves against peers on the journey to excellence.
THE NEXT FRONTIER: Elevating ESG Performance in Non-Controlled Joint Ventures in the Natural Resources Sector
TODAY, as environmental, social, and governance (ESG) issues take increased prominence and companies invest heavily to reduce their environmental footprints, natural resource companies have made only tentative steps to actively manage and shed light on the ESG performance of their non-controlled joint ventures.
This article argues it is time to bring greater rigor, independence, and comparative data to measuring the state of governance in joint ventures. The Joint Venture Governance Index is an objective and powerful way to do this.
The purpose of this note is to briefly describe common gaps in how JV Directors are selected for most JV Boards, and to share what best practice looks like for JV Boards to play a proactive role in shaping their future composition.
The purpose of this note is to describe how companies go astray with the Shareholder Representative role, and to outline workable models when companies want to designate a Shareholder Representative.
The purpose of this note is to summarize our benchmarking of 45 natural resource sector JV agreements with regard to definitions of the annual operating plan and budget process, and to put forward a set of practical process improvement suggestions that can be adopted without opening the legal agreements up for re-negotiation.