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degree as domestic rivals. We develop a theoretical framework for whyʺ and howʺ a lack of embeddedness and legitimacy …
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Multinational enterprise (MNE) subsidiaries are thought to suffer from legitimacy shortfalls when they operate in … their legitimacy by embarking on corporate social initiatives that benefit host country actors or address social issues. Yet … improve its legitimacy with host country actors? What are the mechanisms that mediate the relationship between the performance …
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We explore the effect of foreign direct investment on economic growth in developing countries, distinguishing between mergers and acquisitions ("M&As") and "greenfield" investment. A simple model captures the key difference between the two types of FDI: unlike greenfield investment, M&As partly...
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In this study, we use a cross-sectionally correlated and timewise autoregressive model and panel data for the period 1966-2000 to investigate human development as a measure of host country absorptive capacity in 30 developed and developing countries. The results suggest that technology diffusion...
Persistent link: https://www.econbiz.de/10012999171