Models of corporate transformation typically distinguish a sequence of three stages: Restructuring, Revitalization, and Renewal. The last one comes closest to corporate Nirvana. However, there are very few examples of firms that have progressed successfully through all three stages. What is...

Purpose: This research study compares the financial success of emerging market companies that have globalized with similar sized EMNC companies that have stayed home. Design/methodology/approach: One target cohort for this study was the short list of emerging market multinationals (EMNCs) that...