Original paper
Host country institutional diversity and MNE performance persistence
Abstract
Real options theory is applied widely to the study of MNEs’ international expansions. This stream of research views the MNE as a network that incorporates a portfolio of options to maximize return in changing environmental conditions (Kogut & Kulatilaka, 1994). In this study, we examine whether and how flexibility benefits of multinationality influence MNEs’ ability to sustain superior performance. From a real options valuation perspective, our...
Paper Details
Title
Host country institutional diversity and MNE performance persistence
Published Date
May 1, 2020
Journal
Volume
113
Pages
1 - 12
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Notes
History