Do Family-Owned Businesses Have a Strategic Advantage in International Joint Ventures?
研究认为，当国际合资企业的双方均为家族企业时，由于共享价值观和目标，它们能更有效地跨越文化障碍，从而提高合资成功的可能性。
In an increasingly turbulent global economic environment, companies are searching for winning ways of doing business internationally. One frequently discussed type of business is the joint venture. In this article, we argue that the likelihood of success for an international joint venture increases when both partners are family-owned businesses. These firms have shared values and goals that enable them to bridge cultural barriers more effectively than publicly held corporations.