Previous studies have shown that regulated firms tend to diversify for different reasons than unregulated ones. This is the case for product but also for geographical diversification, i.e. international expansion. The logic generally advanced is that regulated firms tend to diversify when they face costly and difficult relationships with the regulatory authority in charge of their sector. This approach, however, does not explain (1) what is really at the core of the problem in regulated firms’ relationships with regulators, (2) why these firms cannot overcome part of the problem by developing nonmarket strategies –lobbying, campaign contributions, etc.– to influence regulatory decisions, and (3) why they sometimes opt for international expa...
This paper examines the relationship between firms’ heterogeneity and the internationalization decis...
We develop a model to illustrate a motive for FDI that derives from a firm’s overall locational str...
While financial firms keep searching for the secret formula to make profits out of providing multipl...
Previous studies have shown that regulated firms tend to diversify for different reasons than unregu...
Previous studies have shown that regulated firms diversify for reasons that are different than for u...
none2We analyze the design of optimal regulation of a domestic monopolist that also competes in an u...
We analyze the design of optimal regulation of a domestic monopolist that also competes in an unregu...
We examine the contingent effect of existing product diversification on the scope and speed of firms...
WP 01/1997; Conventional explanations of diversification and multinationality both point to size/gro...
We analyze the design of optimal regulation of a domestic monopolist that also competes in an unregu...
The globalization of industries over the past two decades has resulted in domestic markets facing in...
A home firm signals her private cost information by expanding in a foreign firm’s country. Credible ...
The article analyses diversification of business activities in multinational corporations. Diversifi...
We analyze the design of optimal regulation of a domestic monopolist that also competes in an unregu...
International diversification can have both benefits and costs. In this paper, we argue that a firm’...
This paper examines the relationship between firms’ heterogeneity and the internationalization decis...
We develop a model to illustrate a motive for FDI that derives from a firm’s overall locational str...
While financial firms keep searching for the secret formula to make profits out of providing multipl...
Previous studies have shown that regulated firms tend to diversify for different reasons than unregu...
Previous studies have shown that regulated firms diversify for reasons that are different than for u...
none2We analyze the design of optimal regulation of a domestic monopolist that also competes in an u...
We analyze the design of optimal regulation of a domestic monopolist that also competes in an unregu...
We examine the contingent effect of existing product diversification on the scope and speed of firms...
WP 01/1997; Conventional explanations of diversification and multinationality both point to size/gro...
We analyze the design of optimal regulation of a domestic monopolist that also competes in an unregu...
The globalization of industries over the past two decades has resulted in domestic markets facing in...
A home firm signals her private cost information by expanding in a foreign firm’s country. Credible ...
The article analyses diversification of business activities in multinational corporations. Diversifi...
We analyze the design of optimal regulation of a domestic monopolist that also competes in an unregu...
International diversification can have both benefits and costs. In this paper, we argue that a firm’...
This paper examines the relationship between firms’ heterogeneity and the internationalization decis...
We develop a model to illustrate a motive for FDI that derives from a firm’s overall locational str...
While financial firms keep searching for the secret formula to make profits out of providing multipl...