Joint venture as a risk management tool: experience from construction sector
by Mangirdas Morkunas; Artiom Volkov; Elze Rudiene; Viktorija Skvarciany
International Journal of Economic Policy in Emerging Economies (IJEPEE), Vol. 12, No. 3, 2019

Abstract: This study aims at examining the possibility of using a joint venture as a risk management tool for companies engaged in the construction business. Based on completely different risk map of a stand-alone and joint venture companies and using the analytical hierarchy process model method for evaluating the importance of particular risk factors for both cases we found, that depending on a company's ability to deal with different types of business risks, joint venture can be used as a risk management tool in particular situations. The results deviation from classical risk management literature has been found, that can be attributed to new theory applicable to small open economies in Central and Eastern Europe.

Online publication date: Thu, 03-Oct-2019

The full text of this article is only available to individual subscribers or to users at subscribing institutions.

 
Existing subscribers:
Go to Inderscience Online Journals to access the Full Text of this article.

Pay per view:
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.

Complimentary Subscribers, Editors or Members of the Editorial Board of the International Journal of Economic Policy in Emerging Economies (IJEPEE):
Login with your Inderscience username and password:

Username:        Password:          Forgotten your password?

Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.

If you still need assistance, please email subs@inderscience.com