The environment of multinational corporation (MNC) is a multilingual community. Although virtual team members use a lingua franca (a shared language) to communicate in a multilingual community, the challenge of language capability would cause communication barriers, which may lead to conflict...

MNEs are facing a complex competitive landscape driven greatly by globalization and the technological revolution. The challenge for MNEs is often a multilingual community which involves VT members who use a lingua franca (a shared language) to communicate within multinational enterprise. When VT...

On the global stage, competitive advantages are gained by creating, transferring and exploiting competences across operations and locations internationally. In consequence, conglomerates are redesigning their strategies to focus on core businesses, yet with a global scope. De-diversification and...

This paper analyzes the consequences of cross-border mergers in a spatial framework, thereby distinguishing three channels of influence: a price increase due to the elimination of product market competition, an adjustment in plant location which reduces overall transportation cost expenditures,...

The aim of this study is to undertake an up-to-date assessment of market power in Central and Eastern European banking markets and explore how the global financial crisis has affected market power and what has been the impact of foreign ownership. Three main results emerge. First, while there is...

This paper examines whether and, if so, why source country heterogeneity exists in foreign direct investment (FDI). Using detailed data on all Swedish firms for the period from 1996 to 2009, we find statistical evidence that affiliate performance differs systematically across source countries....

Fast food development is not any more centered on homogenous world products. Fast food chains are more and more using regional food to attract new markets. After a period where the world system was the engine of fast food diffusion, ethnic and regional food is back. In countries where people are...

The aim of the paper is to provide empirical evidence on the relationship between industrial structure and M&A process. We focus on the determining factors fostering a firm to choose controlling acquisitions or non-controlling ones. We use the Acquisitions and Divestments Database (ADD), a...

Currently, the industry of mining machines and appliances in Poland, as a result of considerable economic improvement on the market of energetic resources, gains an incredible opportunity for further development. However, its use is de-pendent on the intensification of activity...

What factors influence a state-owned enterprise in a transition economy to choose between alternative technology acquisition strategies? This study uses two frameworks developed in the context of industrialized economies -transition costs economics and organizational capacities-to propose...