How Real are Real Options? The Case of International Joint Ventures

2017 ◽  
pp. 59-81
Author(s):  
Jeffrey Reuer
Keyword(s):  
Real Options ◽  
Joint Ventures ◽  
International Joint Ventures ◽  
International Joint

Real Options in International Joint Ventures

2005 ◽  
Vol 31 (3) ◽  
pp. 403-423 ◽  
Author(s):  
Jeffrey J. Reuer ◽  
Tony W. Tong
Keyword(s):  
Real Options ◽  
Transaction Cost ◽  
Joint Ventures ◽  
International Joint Ventures ◽  
Real Options Theory ◽  
Call Options ◽  
International Joint ◽  
Options Theory

This article empirically investigates the determinants of firms’ use of explicit call options to acquire equity in their international joint ventures (IJVs). Such options are an important contractual element of IJVs because they allow a firm to secure a claim on future expansion opportunities and to safeguard itself against various exchange hazards. The authors therefore draw on real options and transaction cost arguments, respectively, to develop hypotheses on the circumstances under which firms use such options. The article underscores the importance of studying the design of alliances in finer grained terms and helps refine the application of real options theory in the alliance context.

Ecological efficiency of international joint ventures// ECONOMICS, POLITICS, LAW: TRENDS AND PROSPECTS: сб.науч.тр./ OEAPS Inc.; редкол.: Флора Бертран (отв.ред.) [и др.]. - Берлин, Германия : OEAPS Inc., December 2018. - С. 5-7.

2019 ◽  
Author(s):  
Anna Igorevna Dudnik
Keyword(s):  
Joint Ventures ◽  
International Joint Ventures ◽  
Energy Industry ◽  
Ecological Efficiency ◽  
International Joint

The article describes the concept of ecological efficiency in terms of international joint ventures. It discoveries the main features, specific terms and notions, it also gives the examples from energy industry. The article suggests the measures which company can take for increasing ecological efficiency of its projects.

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