Integrating the impact of resources and institutional factors, this study compares and contrasts the dynamic relationships between product diversification, business group affiliation and firm performance in two major economies in Asia. India and Japan have been chosen as they represent different...

As businesses span the globe, multinational and translational companies conduct their business operations in foreign settings, especially in developing countries and in countries in transition from Communist regimes. This poses new challenges to expatriate managers and to home-based staff in...

Business owners of privately held firms have multiple opportunities to decide how much taxable income to take out from their firm and how much to retain within the firm. However, undistributed profits within firms, i.e. retained earnings, are typically invisible in income data, distorting our...

This paper focuses on the automobile industry and examines the nature of global value chains in it with reference to the case of India. The aim is to explore the relation between lead firms, particularly MNCs, and the extent to they have contributed to the development of the Indian automobile...

India’s automotive sector has grown tremendously in the post-liberalization period. The growing domestic market, increased export opportunities and greater emphasis of vehicle manufacturers on high-quality, innovative solutions have created a context for component suppliers to ramp up their...

This paper has made an attempt to identify the role of lead firms in mapping the activities related to upgrading. Upgrading refers to the process through which firms may move up the value chain. The literature identifies different types of upgrading such as product, process, functional and...