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entails changes in real corporate actions. We document a positive relation between abnormal trading volume, future investment … expenditures, and fi nancing cash flows. This positive relation is not subsumed by the arrival of investment-related news or other …
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The literature has documented a positive effect of foreign ownership on firm performance. But is this effect due to a one-time knowledge transfer or does it rely on continuous injections of knowledge? To shed light on this question we focus on divestments, that is, foreign affiliates that are...
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Through business model theoretical lenses, we explore the impact of de-internationalization on firms and their industries and challenges in re-configuring their business models and re-thinking their value propositions in response to de-internationalization. This is a conceptual paper. We put...
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new technology, know-how and management practices brought into their territories by MNEs may enjoy faster economic growth …
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