Arregle, Jean-Luc; Beamish, Paul W; Hébert, Louis - In: Journal of International Business Studies 40 (2009) 1, pp. 86-107
This paper examines the regional effect of MNEs' foreign subsidiary localization. We hypothesize that the number of subsequent foreign subsidiaries in a country is in part determined by a firm's prior foreign subsidiary activity at the regional level. We test our hypotheses using data on 1076...