engleski

The problems associated with managing international joint ventures in Croatia

The problems associated with managing international joint ventures most of the authors regard as the biggest disadvantage of this business arrangement. The problems may appear already in the early stage of negotiations when entering into a joint venture is being considered and also in the later stages of signing a contract and operating the newly formed joint entity. This paper will analyze problems which are usually present in all three stages of equity joint ventures of Croatian companies with their foreign partners and causes of those problems. Special attention is turned to the structure of the management of the joint ventures of Croatian companies. The paper provides opinions of managers on advantages and disadvantages of each structure. Also, the most common sources of conflicts in the management of the joint ventures which often result in the failure and termination of the joint entities are examined. The goal of the paper is to detect the most common sources of problems related to managing the joint entities and the most common source of failure (termination) of joint ventures in Croatia.

joint ventures; companies; management; Croatia

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