Drawing upon key arguments of prevailing theoretical perspectives in international business, this study aims to explain the ownership and market entry strategies of emerging country multinational enterprises (MNE) in a transition country. To this end, the Turkish MNEs’ ownership (joint venture...

The objective of this paper is to investigate the main tendencies and factors affecting financing companies and the capital structure of Hungarian companies. We found that bank credit is the most important amongst external financing funds of Hungarian companies. The bank intermediary system has...

We use data on the sources of debt finance of U.S. majority-owned foreign affiliates in 53 countries over the period 1983 to 2001 to examine the role of financial market development, and exposure to host country-specific risk on the financing choices of these affiliates. We find that total...

This paper uses firm-level data to examine the performance of India's nonfinancial corporate sector since 1989 and evaluate its financial vulnerabilities. While promising trends in liquidity, profitability, and leverage of the sector emerged in the early 1990s, they experienced a reversal after...

The purpose of this article is to review the results of research papers conducted in the area of foreign ownership impact on company’s performance and to highlight the specifics of this linkage in the environment of transition economies. Several authors have documented greater efficiency of...

It is a well known fact that India needs massive investments in manufacturing, infrastructure development and in its productive capacities. It also needs to aggressively promote exports of goods and services in such a highly competitive global market place. These were the very aims for which the...

The paper focuses on the emergence of Russia's multinational companies. It aims to analyse their motives to internationalise as well as the approaches to internationalisation. While relevance of the theoretical perspectives is highlighted, the intention of the paper is to contribute to the...

The paper focuses on the emergence of Russia's multinational companies. It aims to analyse their motives to internationalise as well as the approaches to internationalisation. While relevance of the theoretical perspectives is highlighted, the intention of the paper is to contribute to the...

Promotion of private investment is a necessity for capital formation in African countries. Foreign private investment in particular, is considered to be a source of the scarce capital resources, valuable technological know-how and corporate norms and practices. However, given the political...