It is not possible for foreign investors to control a joint venture if the host country's law prevents foreign investors from having more than 49 percent ownership.

Question

Quizplus · Accepted Answer

Foreign investors can still control a joint venture through various mechanisms such as contractual agreements, control over technology, management agreements, or by having key positions in the management team, even if they do not hold the majority of ownership.

It Is Not Possible for Foreign Investors to Control a Joint