The paper investigates whether a local orientation improves multinational companies| subsidiary performance in Central and Eastern Europe (CEE). It is found that the extent to which subsidiaries match local deficiencies is significantly and...
Using data of listed Chinese companies and applying fixed effect technique, we report some stylised facts about stock market valuation. Based on the Gordon (1962) present-value model, slow growing and frequently traded firms with fewer A sh...
Nelson Maina Waweru, Evelyne Munyoki, Enrico Uliana
This study investigated the role of behavioural finance and investor psychology in investment decision-making at the Nairobi Stock Exchange with special reference to institutional investors. Using a sample of 23 institutional investors, the...
There has been a surge of executive interest in India. Companies are using it as a location for outsourcing value-added services as well as for manufacturing to serve the local market or to export. Foreign direct investment is growing expon...
Background. Entry strategies in the Vietnamese pharmaceutical market are under-researched. Aim. The first part of the paper provides an overview of the Vietnamese pharmaceutical market, and the second part a theoretical framework to underst...
The question raised in this paper is how two EU firms penetrate and expand into new emerging markets in Eastern Europe. The theoretical view relies on the firms| Internationalisation and business network theories and the varieties in the be...