Internationally expanding companies would like to see how they compare with rivals in terms of the effect of internationalization on financial performance (for their sector and their firm). Virtually all such studies have focused on advanced nations. This study, on internationalization of firms...

We investigated the impact of institutional distance on the international diversity-performance relationship. We first discussed the international diversity-performance relationship for large multinational firms and later showed the moderation effect of regulative and normative institutional...

An important step in the internationalization process of emerging economy firms is the shift from exports to foreign direct investment (FDI). We integrate the resource- and institution-based views to suggest that firms that can use unique institutional advantages are more likely to make this...