What We Still Need to Learn
This chapter concludes what we have learned and explores what we still need to learn in terms of the value enhancement of foreign investments and the types of corporate governance exercised in international strategic alliances in China. Investigations of the performance of international strategic alliances suggest that the linkage between a partner firm’s investment and its corporate governance is contingent upon the environmental factors that include heightened market competition, economic liberalization and local institutional support. This chapter shows a consistent picture of the factors which are important in shaping foreign investments, and their effect on the corporate governance and performance of an international strategic alliance.
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