In this study we investigate determinants of parent-firm growth rates. Building on Penrose’s theory of the growth of the firm, we argue that factors that influence the availability of managerial services at the upper ranks influence the rate at which a firm is able to establish new...

This study investigates how experience of top management teams (TMTs) influences the performance effect of added cultural distance in international expansion processes. Taking a dynamic perspective, we focus on internationalization processes and the cultural distance that is added in expansion...