Eckert, Stefan; Dittfeld, Marcus; Muche, Thomas; … - In: International Business Review 19 (2010) 6, pp. 562-574
We analyse the impact of multinationality on shareholder value in the case of German firms for the time span from 1990 to 2006. Based on a sample of 13,130 firm-year observations, we find that multinational companies perform worse in terms of shareholder value than domestic companies. This...