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A joint venture (JV) is a business arrangement in which two or more parties agree to combine their resources in order to achieve a common goal. In the context of corporate governance, a JV is a contractual agreement between two or more companies to form a new entity, with each party contributing capital, resources, and expertise. The parties involved in a JV typically share the profits and losses of the venture, as well as the risks associated with it.
The JV market is an important part of the corporate governance landscape, as it allows companies to pool resources and expertise in order to pursue new opportunities. It also allows companies to access new markets and technologies, as well as to reduce costs and increase efficiency.
Some of the companies in the JV market include Apple, Microsoft, Amazon, IBM, and Samsung. Show Less Read more
