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Article
Traversing the Path to Insolvency: Lessons from an International Alliance in Management Education
The International Executive
  • John D. Aram
  • Ira Weiss
  • Ruth Clarke, Nova Southeastern University
Document Type
Article
Date
1-1-1995
Disciplines
Peer Reviewed
0
Description

In 1988 the Madrid Business School (MBS) was created through a cooperative agreement between a small entrepreneurial firm in Madrid, Spain, and a large public institution of higher education in the United States. By mid-1994 MBS was financially insolvent and had closed. Discussion of this case focuses on two questions: first, could the American partner have taken any actions to increase the likelihood of MBS as a viable institution? Second, what constitutes a strategic approach to international cooperative agreements? Both issues offer lessons for entering into and participating in international cooperative agreements in higher education.

DOI
10.1002/tie.5060380207
Citation Information
John D. Aram, Ira Weiss and Ruth Clarke. "Traversing the Path to Insolvency: Lessons from an International Alliance in Management Education" The International Executive Vol. 38 Iss. 2 (1995) p. 273 - 286
Available at: http://works.bepress.com/ruth-clarke/52/