valuation effect of international joint ventures does experience matter pierre xavier meschi professor université de la méditerranée aix marseille ii and euromed school management domaine luminy bp 921 13288 france abstract this article investigates the relationship between accumulation different types managerial geographical by companies involved in shareholder value creation from an event study methodology cumulated abnormal returns cars used as a proxy are estimated for sample 67 french partners that announced formation china during period ranging january 1994 to december 2002 results show has be distinguished according type or analyzed entering into create more they accumulate alliance setting up managing sino whereas there is no evidence these less asian keywords venture local 1
