Abstract:
This work examines 2486 cooperative arrangement announcements signed by firms that quote in the Spanish stock market during the period 1990-2002. To investigate, its more prominent characteristics are analyzed: sector of activity of the signatory companies; if the agreement is going to carry out in Spain or abroad; number of partners (and their nationality); governmental participation; value chain area in which the agreement is developed; their vertical, competitive or complementary character; alliance typology; legal implementation and if notification to the National Commission of the Stock Market exists. This way, an extensive vision of the reality of the alliances established by the most prominent companies of the Spanish panorama is offered.