This study analyzed data on manufacturing investments of Japanese firms made in nine countries in East and South East Asia to determine how transactional, experience and institutional factors influenced the ownership strategy of these firms. The principal finding in this study is that experience...

We theorize that firms simultaneously seek to balance their growth across both the geographic and product diversification domains. To achieve this balance, businesses commonly adopt a strategy of expanding an under-diversified direction at the expense of an over-diversified one. Accordingly, we...

The study extends research on the geographic scope, product diversification and performance relationship by exploring both the antecedents and consequences of geographic scope (multinationality). In so doing, it addresses a fundamental criticism of the geographic scope-performance relationship;...

We compare the effects of transactional, institutional and experience influences on the ownership strategies of Japanese investors. Our theoretical development suggests that the equity position of a foreign investor should increase as the specificity of the assets transferred to the foreign...