In this document (scroll down to the Unidirectional section):
it says that a unidirectional one-to-many association with a join table is much preferred to just using a foreign key column in the owned entity. My question is, why is it much preferred?
Consider the situation where the owned entity type can also be owned by another parent entity type. Do you put foreign key references in the owned table to both parent tables? What if you have three parent types? It just doesn't scale to large designs.
A join-table decouples the join, so that the owned table has no knowledge of the parent table(s), allowing the design to scale elegantly.