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' earnings volatility, the degree of financial constraints that they face, their survival probabilities, and their export market … bankrupt, need to be more productive to stay in the market, and are more likely to enter export markets. A further implication …
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Recent discussions of exchange rate determination have emphasized the possible role of foreign direct investment in influencing exchange rate behavior. Yet, there are few existing models of multinational enterprises (MNEs) and endogenous exchange rates. This paper demonstrates that the entry...
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Does more FDI make the world a riskier place for workers? We analyze whether an increase in multinational firms …
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Emerging market multinational enterprises (EMNEs) play a vital role in global economic development and usually adopt aggressive internationalization strategies. However, the volatile global environment has caused EMNEs to face various risks in their overseas expansion. To maximize the...
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