Two competing theories of firm performance have been proposed in the business strategy literature, the industry structure view and the resource-based view of the firm. Empirical studies have estimated the relative contribution of industry structure, corporate, and business unit effects to...

In this paper, we highlight the pervasive influence of information technologies on multinational enterprise (MNE) operations, strategies and structures. The democratization of information technologies has diminished geographic distance and compressed response times for MNEs. In turn, this has...

This article identifies and articulates the major challenges facing CEOs of large multinational firms. Analysis of recent surveys and interviews highlights eight challenges: 1. Developing growth avenues, 2. Raising productivity, 3. Competing for talent, 4. Managing diverse risks, 5. Tightening...