How does geography matter for explaining the location patterns of U.S. companies in China? We combine insights from the literature on economic geography and spatial interdependence in foreign direct investment (FDI) activity, to provide a comparative analysis using both sectoral regression...

We develop a hierarchical model of real option entry mode choices under environmental uncertainty and test predictions using a unique sample of U.S. companies expanding in the countries of Latin America and the Caribbean between 1980 and 2005. Our results, based on a probit estimation with...

Anecdotal evidence suggests that new CEOs with foreign backgrounds direct their firms to become more international in their operations. We examine this hypothesis formally using data on U.S. S&P-500 manufacturing firms from 1992 through 1997 and biographical information on CEOs' birth and...