search query: @author Reeb, D. M. / total: 10
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| Author: | Kwok, C. C. Y. Reeb, D. M. |
| Title: | Internationalization and firm risk: an upstream-downstream hypothesis |
| Journal: | Journal of International Business Studies
2000 : VOL. 31:4, p. 611-629 |
| Index terms: | INTERNATIONALIZATION MULTINATIONAL COMPANIES MARKET CONDITIONS FINANCIAL RISK |
| Language: | eng |
| Abstract: | Corporate international diversification theory posits that multinational corporations (MNCs) should have lower risk and higher financial leverage than purely domestic corporation (DCs). We suggest an alternative upstream-downstream hypothesis according to which the overall effect of internationalization on the risk leverage of MNCs is expected to vary with home and target market conditions. |
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