Risk Reduction by International Diversification
It is possible for multinational firms to reduce the risk of their profits by engaging in foreign operations (F/T). Empirical rests show that the (F/T) variable is inversely related to risk after allowing for size, industry classification, and other factors. This implies that international diversification offers to a multinational firm significant risk reduction advantages that are not available to a nonmultinational.© 1976 JIBS. Journal of International Business Studies (1976) 7, 70–80
Year of publication: |
1976
|
---|---|
Authors: | Rugman, Alan M |
Published in: |
Journal of International Business Studies. - Palgrave Macmillan, ISSN 0047-2506. - Vol. 7.1976, 2, p. 75-80
|
Publisher: |
Palgrave Macmillan |
Saved in:
Online Resource
Saved in favorites
Similar items by person
-
Internal equity financing and the performance of multinational subsidiaries in emerging economies
Nguyen, Quyen T K, (2015)
-
The Influence of Hymer's Dissertation on the Theory of Foreign Direct Investment.
Dunning, John H, (1985)
-
Rugman, Alan M, (2007)
- More ...