Abstract
Case study 1 illustrates how to apply our proposed real options framework to value and choose the right strategy to exit strategic alliances. More specifically, the case study presented here on the joint-venture agreement signed between General Motors and Fiat in 2000 and abruptly terminated in 2005 discusses and reveals the value-added use of option clauses in the design of strategic inter-firm collaborations.
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
References
Cox J, Ross SA, Rubinstein M (1979) Option pricing: a simplified approach. J Financ Econ 7:229–263
Trigeorgis L (1996) Real options. Managerial flexibility and strategy in resource allocation. MIT Press, Boston
Author information
Authors and Affiliations
Corresponding author
Rights and permissions
Copyright information
© 2013 The Author(s)
About this chapter
Cite this chapter
Baldi, F. (2013). Assessing Strategic Alliances in Bad Times: The Case of General Motors—Fiat. In: Options in Alliances. SpringerBriefs in Business. Springer, Milano. https://doi.org/10.1007/978-88-470-2850-0_7
Download citation
DOI: https://doi.org/10.1007/978-88-470-2850-0_7
Published:
Publisher Name: Springer, Milano
Print ISBN: 978-88-470-2849-4
Online ISBN: 978-88-470-2850-0
eBook Packages: Business and EconomicsBusiness and Management (R0)