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The limits to the growth of multinational firms in a foreign market

✍ Scribed by Danchi Tan

Publisher
John Wiley and Sons
Year
2003
Tongue
English
Weight
157 KB
Volume
24
Category
Article
ISSN
0143-6570

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✦ Synopsis

Abstract

Theories of growth for firms have suggested that slow managerial growth is a major constraint why firms cannot grow faster. This paper is built on such a view and explores the factors that may influence the growth rate of Japanese firms in a given US industry. It is found that Japanese firms that allocated more internal and international managerial resources (proxied by expatriates) to their US operations tended to achieve higher growth rates. Japanese firms that were geographically diversified and those that spread their international investment projects evenly over time also achieved higher growth rates. Copyright Β© 2003 John Wiley & Sons, Ltd.

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