A number of developing countries have enacted pro-market reforms to transform their economies from socialist to market economies. These reforms bring sweeping changes in the economic and competitive landscapes of these countries, with significant consequences for firm performance. We integrate...

Summary We extend the regional/global strategies literature by analyzing the relative performance of emerging market (EM) multinational enterprises (MNEs) based on their geographic orientation. We develop a framework showing that firms adopt three geographic orientations--local, regional, and...

This study analyzes the structure of regional and global alliance networks of multinationals. It examines the network structure of 172 Triad (U.S., Western European, and Japanese) multinationals during 2001-2003 and how it affects subsequent corporate performance during 2004-2006. We study a...

We analyze how an aspect of institutional change — regional integration in the form of regional trade agreements (RTAs) — affects the degree of global orientation (DGO) of emerging market (EM) multinational enterprises (MNEs). We decompose regional integration into three key dimensions...