Good governance matters in joint ventures. Our analysis of 110 large cross-industry JVs against a set of over 100 testable standards of governance shows a clear correlation between high governance scores and medium-term financial and strategic performance. Designed to reflect the unique needs of joint venture governance, our JV Governance Index provides companies with an objective way to benchmark their joint ventures. It is also a powerful way to cultivate an open conversation among partners and identify practical improvements that do not involve re-negotiating complex partnership agreements.
Read the full article originally published in the Harvard Law School Forum on Corporate Governance.
© Copyright 2022. The views expressed herein are those of the author(s) and not necessarily the views of Ankura Consulting Group, LLC., its management, its subsidiaries, its affiliates, or its other professionals. Ankura is not a law firm and cannot provide legal advice.
