Drawing on subsidiary evolution and dynamic capabilities research, I test how development and growth of subsidiaries recently acquired in transition economies are affected by multinational enterprise (MNE) and target capabilities. These subsidiaries often lack important resources; their...

A privatization wave has swept the world, starting in the U.K. in the early 1980s and then progressing to other developed and less-developed nations. This study examines how the country characteristics for the formerly state-owned enterprises relate to the nature of the privatization deal and...