This paper demonstrates that the effect of political hazards on the choice of market entry mode varies across multinational firms based on the extent to which they face expropriation hazards from their potential joint-venture partners in the host country (the level of contractual hazards). As...

We adopt a two-stage, contingency approach to analyze the relationship between timing of entry and subsidiary survival. We develop and test hypotheses concerning determinants of the timing of entry, and hypotheses about asset-based competitive advantage moderators of timing of entry's influence...