We investigate the idea that firms' choices of M&A evaluation methods are influenced by two socio-political factors that arise in the behavioral theory of the firm-uncertainty and controversy. In doing so, we investigate boundary conditions between arguments that expect firms to use financial...

Professor Dunning offers a thoughtful paper ( Dunning, 2002 ) concerning relational assets and international business activity. The work is sweeping in its scope and concepts. Given the breadth, my commentary inevitably will need to focus on some aspects at the expense of others. Rather than to...