Management contracts can enable the global partner to control many aspects of a joint venture even when holding only a minority position.

Question

Quizplus · Accepted Answer

Management contracts can include provisions that give the global partner significant control over the joint venture's management, operations, and decision-making processes, regardless of their minority ownership stake. Therefore, management contracts can enable a global partner to exert considerable influence over a joint venture.

Management Contracts Can Enable the Global Partner to Control Many