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| Author: | Hennart, J-F. |
| Title: | The theoretical rationale for a multinationality-performance relationship |
| Journal: | Management International Review
2007 : VOL. 47:3, p.423-452 |
| Index terms: | company performance transaction costs economies of scale flexibility learning |
| Freeterms: | multinationality international diversification |
| Language: | eng |
| Abstract: | This paper reviews the theoretical rationale that has been advanced so far for a positive relationship between multinationality (i.e. international diversification) and performance. The researchers show that transaction cost/internalization theory implies no direct and general relationship between international diversification and performance. |
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