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Does multinationality affect the initial public offering (IPO) performance of entrepreneurial firms? Theoretical arguments can be made for a positive effect of multinationality as well for a negative effect. We examine this question empirically by analyzing IPO data for 240 U.K. firms. We find...
Persistent link: https://www.econbiz.de/10013067394
We briefly review the evolution in the analysis of the boundaries of the firm in global strategy. We explain how initial studies that argued that firm boundaries were driven by the minimization of transaction costs were later complemented by analyses that proposed that firm boundaries were...
Persistent link: https://www.econbiz.de/10012906822
The taxation of the multinational enterprise (MNE) has been a continuing concern for policy-makers. We argue that the changing nature of the mobile MNE (e.g., its improved ability to fine-slice the value chain and disperse it geographically) makes it increasingly important to rethink current tax...
Persistent link: https://www.econbiz.de/10012920683
The growing interest in global value chains (GVCs) has been paired with a greater appreciation of the need for better measurement methods, as reflected by recent initiatives from academia and leading international organizations. This research note focuses on one method to measure GVCs that has...
Persistent link: https://www.econbiz.de/10013251948
Although the Kyoto Protocol intended to implement emissions trading globally, this has so far been impossible. As a result, particularly Multinational Corporations (MNCs) currently face a wide variety of emissions trading schemes that differ in scope and enforcement, thus creating divergent...
Persistent link: https://www.econbiz.de/10014048254
extrinsically driven and those that consider it to be intrinsically driven. While some studies in the management literature have … directly, but has focused largely on extrinsic pressures. This paper aims to link the management and IB literatures by … addressing intrinsic drivers, specifically management commitment to ethics, in conjunction with extrinsic (trade-related) drivers …
Persistent link: https://www.econbiz.de/10014046803
The early years are a particularly hazardous period for new ventures. This paper focuses on the survival of international new ventures (INVs), approaching the question from an empirical point of view. It is pointed out that the choice of an INV strategy is endogenous, in the sense the firms...
Persistent link: https://www.econbiz.de/10014123355
market countries. A revised version of this paper has appeared: Journal of International Management, vol.9(3), pp.335 …
Persistent link: https://www.econbiz.de/10014031040