Growing globalization has created a business environment that encourages companies to internationalize through international acquisitions. The growth in the number and value of international acquisitions in the previous period has increased the number of studies that analyze this phenomenon from...

Using a novel Hungarian dataset on firms and their Chief Executive Officers (CEOs), we estimate the impact of hiring expatriate CEOs. By examining foreign acquisitions where the new owner replaces the incumbent CEO with an expatriate or a local CEO, we address the selection into both acquisition...

The article covers problems foreign investors face during self-employment or hiring expatriates in the countries of comparison (Germany, Bulgaria and Ukraine). Special emphasis is made on Ukraine, transition economy struggling for reforms and foreign capital. The article dwells on the necessity...

This paper questions the notion that expatriates should adjust to their host country, by showing that adjustment and its consequences are affected by cosmopolitanism and expected assignment duration. A study of 260 expatriates in the U.S. reveals that cosmopolitans expecting shorter (longer)...

Objective – In the fast changing globalizing and liberalizing world, the concern is not only on the location-specific advantages of a host country but also on how multinational enterprises manage to survive ex-post entry in a different environment. The cultural distance between the home and...

Leaders are critical to a country's success. They can influence domestic policy via specific measures that they enforce, and they can also influence international public opinion towards their country. Foreign Direct Investments are also essential for a country's economic growth. Our hypothesis...