THE FORMATION OF JAPANESE AND U.S. EQUITY JOINT VENTURES IN CHINA
研究了1979至1993年间日本和美国在华合资企业在合作伙伴选择、股权结构、资本投入、业务范围和地点等六个方面的显著差异，并从风险偏好、文化相似性和中国政治事件影响角度给出解释。
This study examines the characteristics of Japanese and U.S. equity joint ventures (EJVs) in China over a 15-year period. These EJVs were announced between 1979 and the end of 1993. Substantial differences are found with respect to six key characteristics. They are: selection of the Chinese partner, selection of the second foreign partner (when more than one foreign partner is involved), foreign equity ownership, foreign capital contribution, EJV business scope, and the EJV location. Tentative explanations for these differences are offered from the perspectives of risk orientation, cultural similarities, and the impact of political events in China. © 1997 by John Wiley & Sons, Ltd.