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When investing in a foreign country, multinational enterprises face social, political and organizational information asymmetries. This liability of foreignness (LOF) introduces additional costs, threaten profitability and deter foreign direct investments. In this study we investigate if certain...
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This paper investigates how the location behaviour of Multinational Enterprises (MNEs) is shaped by the economic institutions of the host countries. The analysis covers a wide set of geographically proximate economies with different degrees of integration with the ‘Old' 15 European Union (EU)...
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We examine effective tax rates (ETRs) for 9,022 multinationals from 87 countries from 2006 to 2011. We find that, despite extensive investments in international tax avoidance, multinationals headquartered in Japan, the U.S., and some high-tax European countries continue to face substantially...
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Overseas Chinese communities are an important determinant in the location choice of greenfield investments made by mainland Chinese multinational enterprises across European regions. Conceptually embedded in a relational approach, this effect is shown through an empirical analysis of an...
Persistent link: https://www.econbiz.de/10012982185
Although an expanding literature on university-industry linkages has suggested that proximity to academia can increase the innovative performance of firms, the role of academic research in the R&D location choices by multinational firms has received surprisingly little attention. In this paper...
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context of our study is Europe, and we analyse four case studies of innovation activities in both emerging and developed … countries in Europe to understand potential differences in the innovation behaviour of multinationals in these two parts of … Europe. We also consider diversity among developed and emerging economies as a source of innovation, i.e., Australasian and …
Persistent link: https://www.econbiz.de/10014091819