Motivated by the findings of Ramada-Sarasola (2009) and the lack of robustness of the previous literature's results on foreign entry mode choice to model specification in this paper I perform an Extreme Bounds Analysis to determine which of almost 60 explanatory variables used in the literature...

This paper reviews and criticizes in depth the empirical literature on foreign entry mode choice providing a motivation to perform a robustness analysis. Through a review of the theoretical approaches behind each study, as well as by comparing the way theoretical constructs are operationalized,...

Although outsourcing vs. vertical integration is generally treated as a binary choice in international trade literature, firm-level data reveal that inputs can be imported both within and across firms' boundaries, even within narrowly defined industries from the same host country. This paper...

We exploit the census of Romanian firms to provide a microfounded analysis of the sources of regional disparities in the country. To this extent, we adapt to the regional case a decomposition of firm-level output dynamics based on semi-parametric productivity estimates. The methodology, robust...

Research on companies' internationalization has mainly focused on firm-level and country-level factors in order to explain firms' cross-border activities. With the exception of a limited number of studies emphasizing rivalistic behavior in oligopolistic industries, industry factors have been...

quot;Old Europequot; - the developed nations of continental Europe - averages only about 15% foreign bank ownership, whereas quot;New Europequot; - the transition nations of Eastern Europe - averages about 70%. Similar findings hold elsewhere in the world - developed nations tend to have much...

Internationalization of banking institutions has been more evident to a greater extent recently due to the advancement of technology and global inter-connectedness of the business world. As the "engine of economic growth" banks are the dominant players in Bangladesh financial market. Due to...

This paper contributes to the emerging literature on reshoring by analysing this return strategy in Italy with a focus on economic resilience. The joint analysis of reshoring and economic resilience is a missing link which could shed some light on the evolution of regional and international...

This chapter is from the book "Conquering Global Markets: Secrets from the World's Most Successful Multinationals" which presents the findings of one of the largest research projects undertaken of its type. Senior executives from fifty multinational companies from sixteen countries were...

This study addresses an apparent impasse in the research on organizations' responses to cultural distance. We posit that cross-country differences in egalitarianism - a cultural orientation manifested in intolerance for abuses of market and political power and support for protection of less...