The opening of the Mexican economy and globalization bring new opportunities for Mexican companies to expand their markets and get their products around the world. The internationalization process requires a sound strategy for the consolidation in foreign markets. The aim of this study is to...

Post-conflict economies often prove daunting for foreign investors. Many of these nations are reaching out to diasporans, emigrants, and their descen- dants living abroad, for much-needed foreign investment capital. Little is known about why diasporans invest in their countries of origin. Recent...

We investigate the rapid internationalization of many multinationals from emerging economies through acquisition in advanced economies. We conceptualize these acquisitions as an act and form of entrepreneurship, aimed to overcome the ‘liability of emergingness' incurred by these firms and to...

In this paper we examine foreign location choices of the top 100 US multinational corporations (MNCs) in 1980 and 2000. We first ask whether there has been a change in MNC foreign location choice in this two-decade period. Second, we explore the underlying reasons of location change by focusing...

With the existing trajectory path of the Philippines' advancement aspirations, there is challenge that lies in sustaining and dramatically elevating the growth in foreign direct investments (FDI), which are critical for the country's economic development. In light of the impending reforms that...

Knowledge is a source of competitive advantage which strengthens multinational corporations' (MNCs) market position, and thus, they set up overseas subsidiaries partly to access other firms' knowledge which resides in local markets. From the MNC viewpoint, due to the innate characteristics of...

The Indian government allowed 51% FDI in Multi Brand Retail. FDI in Single Brand Retail was already allowed, but with some condition, including 30% local procurement. This Chapter deals with various issues involved in FDI in Indian retail sector, what is FDI in retail? Changes in Indian retail...

This study addresses an apparent impasse in the research on organizations' responses to cultural distance. We posit that cross-country differences in egalitarianism - a cultural orientation manifested in intolerance for abuses of market and political power and support for protection of less...

The chapter describes investment and trading strategies rooted in behavioral finance that historically have generated superior profits. The failure of traditional finance models, such as those based on purely rational behavior, to explain how markets work has enabled behavioral finance to move...

The purpose of this paper is to analyse the effects of institutional distance on foreign-owned subsidiary development. In particular, a distinction between direct and indirect effects of formal and informal institutional distance is proposed and empirically tested. Based on a bespoke census...