In our analysis, we consider the distribution of decision power over financing and investment between MNEs’ headquarters and foreign subsidiaries and its influence on the foreign affiliates’ financial restrictions. Our research results show that headquarters of multinational enterprises have...

The present paper uses a comparison of Japan and the US to argue that the debate about corporate governance reform is best framed in terms of systems of complementary instruments and institutions. It argues that the Japanese and US systems of corporate governance differ along many dimensions,...

Nachdem in den vergangenen Jahren vor allem das anorganische Wachstum durch Mergers & Acquisitions im Mittelpunkt des Interesses von Wissenschaft und Praxis stand, trägt das vorliegende Werk dazu bei, das Erkenntnisdefizit zu organischem Wachstum internationaler Unternehmen zu reduzieren. Es...