Both, quantitative methods and case analyses have been extensively used in the literature on International Business in order to study a wide range of internationalization decisions by firms. On the contrary, the Qualitative Comparative Analysis (QCA) and, in particular, the fuzzy set QCA...

Firms with low levels of internationalization may feel the need to speed up their international development in order to be able to compete with multinational enterprises (MNEs) of bigger size and wider scope. Global alliances are a means to achieve such an accelerated process, not only because...

En este trabajo se lleva a cabo un estudio de la reacción del mercado de capitales ante los procesos de inversión directa en el exterior materializados a través de empresas conjuntas y dos tipos diferentes de adquisiciones: totales y parciales. En concreto se analiza la influencia que la...

This work analyses the economic and financial situation of public sector companies dependent on the state and points out their principal characteristics. To do so, a range of indicators are calculated over the period 1996-2001 and multivariate analysis techniques are applied in order to...

When investing abroad firms must choose betweengoing alone or with a partner – the so-calledownership structure decision. Additionally,firms can enter a new country by acquisitionsor by greenfield investments – the foreignestablishment mode decision. These twodecisions have traditionally...

This paper aims at analyzing the effect of external uncertainty on the entry mode choice when investing abroad. We consider the effect of uncertainty coming from the formal host country's environment (political risk) and from the informal one (cultural distance). The potential existence of an...

We analyze the determinants of the choice between green field joint ventures, full acquisitions, and partial acquisitions in the international expansion of a firm through foreign direct investments. Our results show that this choice is conditioned by transaction-cost factors (particularly the...

Most empirical research on the choice between joint ventures and wholly owned subsidiaries analyzes the role of cultural distance in an isolated way. This study explores the potential influence of some factors related to the diversity among countries that are traditionally associated with...