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Titel:

National capital city location and subsidiary portfolio expansion: The negative effect of geographic distance to the capital city at inception on the speed of subsequent investments

Dokumenttyp:
Zeitschriftenaufsatz
Autor(en):
Hutzschenreuter, Thomas; Harhoff, Philippa-Luisa
Nicht-TUM Koautoren:
ja
Kooperation:
national
Abstract:
A multinational enterprise develops its subsidiary portfolio by investing in new foreign markets and subsequently pursuing further investments within these host countries. We find that firms which locate their first equity investment closer to the national capital city can subsequently expand their subsidiary portfolio within the host country at a higher speed. This effect is particularly strong in emerging economies. Further analyses of various contingencies support the robustness of our findin...     »
Intellectual Contribution:
Discipline-based Research
Zeitschriftentitel:
Journal of International Business Studies
Journal gelistet in FT50 Ranking:
Journal of International Business Studies
Jahr:
2020
Band / Volume:
51
Heft / Issue:
7
Seitenangaben Beitrag:
1107-1132
Volltext / DOI:
doi:10.1057/s41267-020-00305-1
Verlag / Institution:
Palgrave Macmillan
Urteilsbesprechung:
0
Key publication:
Ja
Peer reviewed:
Ja
commissioned:
not commissioned
Technology:
Ja
Interdisziplinarität:
Nein
Leitbild:
;
Ethics und Sustainability:
Nein
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