Joint venture

A joint venture (JV) is a business agreement in which the parties agree to develop, for a finite time, a new entity and new assets by contributing equity. They exercise control over the enterprise and consequently share revenues, expenses and assets. There are other types of companies such as JV limited by guarantee, joint ventures limited by guarantee with partners holding shares.

Companies typically pursue joint ventures for one of four reasons: to gain faster entry into a new market; to acquire expertise; to increase production scale, efficiencies, or coverage; or to expand business development by gaining access to distributor networks.

In European law, the term 'joint venture' (or joint undertaking) is an elusive legal concept, better defined under the rules of company law. In France, the term 'joint venture' is variously translated 'association d'entreprises', 'entreprise conjointe', 'coentreprise' or 'entreprise commune'. In Germany, 'joint venture' is better represented as a 'combination of companies' (Konzern).

Joint Venture (disambiguation)

Joint Venture may refer to:

Joint Venture (album)

Joint Venture is a compilation album released by the Kottonmouth Kings on November 15, 2005. It contains new Kottonmouth Kings songs, remixes, and songs by Kingspade, One Session, and Daddy X. The album peaked at #193 on the Billboard 200 and #13 on the Top Independent Albums charts during the week of December 3, 2005.

Track listing

Bonus DVD

References