The Joint Venture Process in International Business - India & Pakistan : India and Pakistan

Preface xv Background and Procedure of the Study 1(19) Joint Ventures 5(3) A Definition 8(1) Setting Up a Model 9(3) Procedure of the Study 12(1) Generating the Sample 13(1) Value of the British Stake 14(3) Some Assumptions 17(2) A Brief Outline of the Presentation 19(1) The Joint Venture Decision 20(23) Attitudes toward Foreign Investment---India and Pakistan 20(2) A Trend in Attitudes toward Foreign Investment 22(2) Reasons for Investing in India and Pakistan 24(2) The Joint Venture Decision 26(4) Variations over Time 30(3) Size of Project 33(1) Selection of Associates 34(2) Bilateral Monopoly 36(7) The Selection of Associates 43(26) Separability of the Selection of Associates 45(2) Selection of Specific Associates 47(2) Local Managerial Resources 49(4) Prior Knowledge of Associates 53(2) Availability of Alternative Associates 55(3) The ``Driving Force'' and the Final Decision Maker 58(3) Importance and Effectiveness of Associates 61(3) Selection of Associates and Profitability 64(2) Summary 66(3) Size and Profitability of the Foreign Parent 69(23) Size in Terms of Assets and Sales 69(1) Size and Gearing of Joint Ventures 70(4) Size, Control, and Reasons for Going into a Joint Venture 74(4) Parent Size and Selection of Associates 78(3) Parent Size and Profitability of Joint Ventures 81(2) Parent Size and Methods of Evaluating Joint Ventures 83(3) Profitability of Foreign Parent Companies 86(4) Some Conclusions 90(2) The Nature of the Business 92(27) Attitudes toward Control 95(7) Responsibility for Decision 102(3) Attitudes toward Potential Associates 105(8) Selection of Associates 113(3) Summary 116(3) Nature of Business---Structure and Evaluation of Joint Ventures 119(16) Structural Characteristics of Joint Ventures 119(7) Evaluation of Associates and Joint Ventures 126(3) Importance Attributed to Associates 129(3) Readiness to Invest in Other Joint Ventures 132(1) Summary 133(2) Attitudes toward Control 135(20) Ranking of Associates 137(3) Structural Characteristics of Joint Ventures 140(5) Profitability of Joint Ventures 145(3) Importance of Associates 148(3) Readiness to Invest in Other Joint Ventures 151(2) Summary 153(2) Framework of a Model of the Joint Venture Process 155(18) Conclusions and Implications 173(36) Implications for Investors and Managers 173(5) Implications Peculiar to India or Pakistan 178(2) Conclusions 180(4) Appendixes A.1 Research and Analytical Methods 184(5) A.2 Questionnaire Form Used in the Study 189(10) B.1 Calculation of the British Stake in the Joint Ventures of This Sample 199(1) B.2 Foreign Investment in India 200(1) B.3 Calculation of Foreign Private Direct Investment in Pakistan 201(1) C.1 Calculation of Attitudes Scores between Potential Associates 202(2) C.2 Calculation of Structural Dependence Scores for Joint Ventures 204(1) C.3 Calculation of Associate Effectiveness Score 205(1) D. List of Industries in Which the Indian Government Would Consider the Investment of Foreign Private Capital in Joint Ventures 206(1) E. Suggestions for Further Research 207(2) Bibliography 209(8) Index 217