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Author:Hutzschenreuter, T.
Gröne, F.
Title:Changing vertical integration strategies under pressure from foreign competition: The case of US and German multinationals
Journal:Journal of Management Studies
2009 : MAR, VOL. 46:2, p. 269-307
Index terms:integration
strategy
competition
case studies
multinational companies
Germany
USA
Language:eng
Abstract:Vertical de-integration in the face of intensifying pressure from imports and foreign direct investment (FDI) are predicted by industrial organization economics, the resource-based view of the firm, and transaction cost economics. This study shows that this was the case for 407 U.S. firms from 1987 to 2003. Results for a panel of 95 German firms reveal a similar reaction to pressure from an increase in imports. However, there is found no reaction to increased exposure to incoming FDI.
SCIMA record nr: 269398
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