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In recent years considerable attention has been devoted to differences across countries in the institutional environments in which corporations operate, and the consequences of these institutional differences for corporate performance. In this paper we test for the presence of differences in...
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We use the history of private limited liability companies (PLLCs) to challenge two pervasive assumptions in the literature: (1) Anglo-American legal institutions were better for economic development than continental Europe’s civil-law institutions; and (2) the corporation was the superior form...
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Previous studies addressing the influence of nationality diversity within the executive board on firm performance led to inconclusive results. In this study, nationality diversity and within board cultural distance are expected to affect MNE performance. Therefore, the following research...
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