This chapter reviews the state of the international trade literature on multinational firms. This
literature addresses three main questions. First, why do some firms operate in more than …

This paper empirically investigates the various effects that source and destination countries'
financial development (SFD and DFD respectively) have on foreign direct investment (FDI) …

'The world economy is subject to a rapidly increasing globalization, and multinational
enterprises are their major driving force. This brand new book on multinationals and …

This paper uses a rich panel dataset of Spanish manufacturing firms (1990–2006) and a
propensity score reweighting estimator to show that multinational firms acquire the most …

Extant literature on foreign entry increasingly recognizes firms' heterogeneity as a potential
reason for inconsistency in results on the establishment mode choice, that is, whether and …

Much foreign direct investment (FDI) takes the form of mergers and acquisitions (M&A). It is
commonplace in finance to view acquisitions as manifestations of the market for corporate …

This article documents the recent advances in the international trade literature toward
understanding the role of multinational firms in the conduct of international commerce. Over …

This article discusses the current links between international trade theory, economic
geography and strategy and international business. We offer a way forward for building …

Many economists now accept that informal institutions and culture play a crucial role in
economic outcomes. Driven by the work of economists like Nobel laureates Douglass North …

To examine the effect of foreign direct investment, this paper compares the post-acquisition
performance changes of foreign-and domestic-acquired firms in China. Unlike previous …