This paper assesses the influence of spatial heterogeneity on the choice of entry modes by multinational enterprises (MNEs). We claim that the location of the target firm influences the choice of partial ownership, i.e., an MNE's choice to maintain a local partner. MNEs normally execute partial...

During the first two-thirds of the 20th century the themes of sectorial structure and compared performance prevail in Italian economic historiography. In contrast, in the last part of the century attention is focused on the behavior of single economic actors and their micro-economic strategies....

In this paper, we investigate family firms' position in the intercorporate ownership network. Rooting our predictions in the Behavioral Agency Model and a Network analytical framework, we predict and find that family involvement decreases the likelihood of business group affiliation and of...

This paper examines the relation between the geographic concentration of institutional shareholders and shareholder gains in corporate control transactions. I find that target firms with a greater geographic concentration of institutional shareholders experience significantly higher abnormal...