This thesis argues that the country-specific instabilities of institutional change are of high relevance for multinational enterprises (MNEs) which operate in multiple national institutional environments. The International Business literature has long emphasized that underdeveloped institutional...

This dissertation seeks to add to our understanding how the internationalization process of Chinese firms relates to the internationalization process of Western firms. The focus of this project was on the assumed competitive advantage for Chinese firms in relatively high-risk host countries. In...

economic sanctions, trade policy, politics and economics of EU-27, multinational company (MNC), foreign subsidiary, political risk, exit, Russia, transition economy, innovation, productivity, growth, survival.