Original paper
International Dispersion and Profitability: An Institution-Based Approach
Abstract
This study examines the effect of international dispersion on profitability. We use an institution-based approach to propose that increases in international dispersion lead, on average, to profitability downturns. We also argue that this liability of foreignness will affect multinationals from infrastructure industries to a lesser extent because in these industries: (1) the importance of cultural fit in products is low; (2) firms possess...
Paper Details
Title
International Dispersion and Profitability: An Institution-Based Approach
Published Date
Nov 12, 2019
Volume
59
Issue
6
Pages
855 - 888
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Notes
History