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Types of Strategic
Restructuring
Joint Venture Corporation
A joint venture corporation is an integration that includes the
creation of a new organization to further a specific administrative or
programmatic end of two or more organizations. Partner organizations share
governance of the new organization. For example, a child welfare organization
in the Midwest initiated a joint venture whose mission is to develop and
service client tracking software for human service organizations. The five
partners all sit on the joint venture corporation's board, and together
have been able to provide the community with a much-needed resource.
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