This study focuses on one of the most important aspects of domestic joint venture and international joint venture (IJV) formation: culture difference. The study adapts the Makino and Beamish (1998) ownership-structure classification of IJVs and empirically examines the effects of JV partner and...

U.S. banks have long faced restrictions imposed by the Glass-Steagall Act of 1933. This act erected barriers between commercial and investment banking. Although the barriers have been eroding recently, the U.S. banking system is still considered restrictive compared with countries that permit...

This study examines the performance of foreign vs. domestic firms in a regional economic group. In particular, we focus on host country and foreign-owned firms in the European Union. Results provide evidence of a liability of foreignness--foreign-owned firms underperform host country firms....

This study explores the applicability of the resource‐based view at the organizational unit level by investigating why resource utilization, as measured by efficiency, might differ within a firm. Using a downstream petroleum firm as the context for this study, the data envelopment analysis...