Purpose—Amidst burgeoning attention for global value chains (GVCs) in international business (IB), this paper identifies a clear “missing link” in this literature, and discusses implications for research and corporate social responsibility (CSR) policy-making and...

Many papers have addressed the influence of different characteristics of family businesses on strategic decisions, including those of internationalisation. However, little is known about the relationship between the internationalization of family firms and firm profitability. For this reason,...

The first purpose of this chapter is to analyse this internationalization push by extending the sample to 22 major automobile firms and carefully assessing their geographical reach to check if there is a real globalization process. We use a statistical approach that tries to measure the degree...

An open economy inserted in an environment with increasing participation of global value chains, such as the Chilean economy, requires information about how its business integrates into international markets. The contribution of this study is that it evaluates the stages and patterns of Chilean...

Purpose – Foreign direct investment (FDI) by multinational enterprises (MNEs) has increased in recent years, and simultaneous foreign direct divestment (FDD) by subsidiaries is also very common. FDD can have a significant effect both on the performance of the MNE and the host economy. This...

We analyse the effect of corruption on FDI. Using FDI outflows from a sample of East European transition economies that had virtually no outward FDI before 1995, we observe FDI flows based mainly on current investment decisions and less on the inertia of past investments. Our model separates the...

Over the last few decades, advances in transportation and production technology, in conjunction with economic globalization and the emergence of multinational corporations, have consolidated fragmented production processes into long and complex supply chains across jurisdictions. While there are...

It is generally assumed that the performance of a company improves with greater multi-nationality and that there is a direct relationship between the two variables; however, there is a third critical strategic variable between multi-nationality and a firm’s performance: the strategic...

This paper argues that a focus on the institutional underpinnings of MNE strategy and behavior is not only consistent with the emerging literature on dynamic capabilities, but it also serves to highlight the unique role played by MNEs in generating new organizational routines by combining...

This study investigates the relationships among the influence of the largest shareholder, the entry mode of foreign direct investment companies in Korea, and subsidiary divestitures to demonstrate how the government's FDI policies can work as a moderator. Using data from 468 foreign...