An increasingly large share of cross-border acquisitions are undertaken by private equity-firms (PE-firms) and not by traditional multinational enterprises (MNEs). We propose a model of crossborder acquisitions in which MNEs and PE-firms compete over domestic assets. MNEs' advantage lies in...

The aim of this study is to inspect differences in internationalisation level of firms from a transitional economy based on their innovation outcomes, open innovation and organisational learning practices. Results indicate that firms with lower internationalisation level owe their innovation...

An increasingly large share of cross-border acquisitions are undertaken by private equity-firms (PE-firms) and not by traditional multinational enterprises (MNEs). We propose a model of cross-border acquisitions in which MNEs and PE-firms compete over domestic assets and which incorporates...

This study explores the boundary response of domestic firms faced with increased openness to new foreign multinational M&A in an intermediate-input market in a host country. We develop a theoretical framework to study the impact of new foreign multinational M&A on the wholesale price of...

This paper analyses the impact of variations of product demand on the amount of internal slack in multi-plant firms in a model in which facilities can produce output at a privately known cost up to a previously determined capacity level. It is shown that the amount of slack in the firm is...

Multi-plant firms pit their facilities against each other for production assignments. The present paper studies the consequences of that practice in a model where production is limited by capacity constraints and asymmetric information allows facilities to accumulate slack. The amount of slack...

This point-of-view article examines the organizational implications of the UK's exit from the European Union (Brexit). We identify the effects of Brexit on firms' transaction costs in cross-border trade within Europe and highlight the importance of EU residency to secure licenses to operate. We...