Not logged in.
Quick Search - Contribution
Contribution Details
| Type | Bachelor's Thesis |
| Scope | Discipline-based scholarship |
| Title | An empirical analysis on the value creation of strategic alliances and joint ventures in different industries |
| Organization Unit | |
| Authors |
|
| Supervisors |
|
| Language |
|
| Institution | University of Zurich |
| Faculty | Faculty of Business, Economics and Informatics |
| Number of Pages | 52 |
| Date | 2020 |
| Abstract Text | This study examines the long-term performance of firms participating in strategic alliances or joint ventures for the event period of 2011 to 2016. Four specific industries are analyzed, namely the pharmaceutical, the aircraft, the machinery and the retail industry. The empirical results find that three out of four industry-specific cross-sectional buy-and-hold returns (BHARs) are statistically significant, with the BHAR for the pharmaceutical industry being the only positive one. This implies that heterogeneity in strategic alliances and joint ventures between industries is prominent and in addition, that pharmaceutical firms utmost benefit from such business combinations. |
| Export |
BibTeX
|