Strengthening commitments for export assistance and establishing comprehensive programs to expand export activities of firms are part of the public policies in almost all developed and developing countries. Not only have governments increased the amounts devoted to these actions in recent...

We consider an exporting firm facing FX risk. We show that FX options are not used for hedging, if there is no ex-post production flexibility. Hence, in the standard setting of having no ex-post optionality, hedging with forwards is the best choice.The value of FX options for hedging arises as...

We examine the differential response of establishments to the recent global financial crisis with particular emphasis on the role of foreign ownership. Using a worldwide establishment panel dataset, we investigate how multinational subsidiaries around the world responded to the crisis relative...

This article critically analyzes the reasons for developing international business activities in CEE. Primarily a short overview of global strategy is presented. In order to succeed in today's global Marketplace, a company must be able to quickly identify

This paper explores how existing internationalization theories can be applied to a Multilatina in the service sector, using the case of Avianca-Taca Holdings S.A. as an example. This paper introduces the company by analyzing the context in which it grew, starting with the service sector in...

Este trabajo estudia la internacionalización acelerada de empresas venezolanas del tipo International New Ventures con el objetivo de describir sus características y capacidades para luego clasificarlas y valorar las cualidades de sus fundadores. Se utilizó como metodología el estudio de 6...

El principal objetivo de este artículo es contrastar si la importancia relativa atribuida a las diversas barreras a la exportación varía en función del destino de las exportaciones de la empresa. Para ello, se analizaron las 463 respuestas obtenidas de una población de pequeñas y medianas...

In recent years, some of China’s leading firms have made headlines with their European expansion, by either opening new facilities or by acquiring or merging with significant enterprises in Europe. The goal of this paper is to contribute to the existing literature by examining Chinese...

This papers analyses impact of fi rm characteristics, i.e. size, length of exporting experience, capital ownership and type of industry on export barriers´ perception in case of Serbian exporters. This study is aimed at an identifi cation of the barriers to export among examined factors of fi...

The aim of this research is to analyze the internationalization strategies followed by small and medium enterprises (SMEs) of Jalisco. Specifically, we want to identify cases of early internationalization, and how SMEs get and manage their resources. We developed an analytical framework based on...