This paper seeks to add to the literature on regional factors that drive development of new ventures. In particular, it investigates the effects of business climate, foreign population and unemployment on new venture creation. Using state level data from the time period 2003–2007, we find that...

Reinsurance premium receipts from overseas countries to firms domiciled in the United States increased 207% during the years 1987 to 1999. It is important to understand the characteristics of countries that exhibit a rapid increase in imports of U.S. reinsurance services. This study found that...

In recent years, there has been an emerging stream of studies that challenge the idea of the importance of globalization for companies. One study even calls the common assumptions of globalization a "myth" (Rugman, A., 2000). Needless to say, this particular perspective has generated a lot of...

While anecdotal and research evidence exists supporting the difficulties faced by foreign firms in host nation environments due to liability of foreignness, it is clear that many foreign firms have been successfully operating in the U.S. over the years. This study seeks to understand the...

This article investigates the relationship between product diversification and firm performance in the U.S. property-liability insurance industry using data over the 1994 through 2002 time period. Using various measures of product diversification and firm performance, we find that the extent of...

Reducing strategic risk has become an issue of paramount importance to corporations. One way to reduce such risk is through international operations. However, published research reports conflicting findings on the relationship between international operations and risk reduction. In addition, the...

Purpose – The purpose of this paper is to focus on international acquisitions that took place in the insurance sector by US-based firms in the years 1997-2003 and their impact on shareholder wealth. Design/methodology/approach – The study sample is based on 52 international acquisitions in...

This paper examines the effect of multinational operations on firm value using a sample of firms from the three triad regions of the world. Using the Transnational Index (reported by the United Nations), a newer measure of multinational operations, this study helps explain some of the...

No abstract received.