Traversing the Path to Insolvency: Lessons from an International Alliance in Management EducationThe International Executive
DescriptionIn 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.
Citation InformationJohn 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/