Germany benefits more than any other country from open world markets and their internationalintegration. As a consequence, worldwide trade and cross-boarder investments arethe most important conditions for domestic growth, employment and wealth and Germanfirms are unabatedly going...

As German firms increasingly expand to foreign nations, managers have to be aware ofthe performance implications of internationalization processes. We find that internationalizationdoes not have an ongoing positive performance effect and needs to be managedcarefully, especially after a certain...