This paper studies philanthropy by multinational enterprises (MNEs) during institutional disruptions—the sudden and unexpected, temporary, and systemic breakdowns in market-oriented institutions. The central argument is that, under institutional disruptions, MNEs aim to restore factors that...

We examine the effect of communication technologies on innovation within multinational enterprises (MNEs) by exploiting the staggered country-level introduction of broadband. Drawing upon property-rights theory, we expect that the allocation of R&D control rights within the firm will influence...