The external business environment is a major determinant of which sources firms select to obtain financial capital. We examine how the regulatory, political, and financial dimensions of the institutional environment influence the extent to which firms rely on informal sources of financial...

Summary Repeated partnerships in international strategic alliances (ISAs) should mitigate the effects of an under-established institutional framework, lower transaction costs, and create the conditions for the exploitation of firm-specific capabilities by multinational corporations (MNCs)....

Uma parte importante da investigação existente sobre empresas multinacionais procura explicar porque e como a transferência de conhecimento, ou de tecnologia, ocorre dentro das multinacionais. A maioria desta investigação trata as transferências num contexto que pressupõe a cooperação...

Transaction cost theory (TCT) is widely used in several management disciplines. Its value for explaining organizational phenomena and managers? decisions is well accepted and has been recognized with two Nobel laureates (Ronald Coase and Oliver Williamson). In this paper we examine the impact of...