Although it is often implicitly assumed that managers make (informed) decisions with the objective of improving their firms’ (long-run) performance, there has been little discussion as to whether managers have detailed information about the expected performance implications arising from decisions that change the degree of international diversification of their firm and whether such decisions are driven by expected performance outcomes.
The first author gratefully acknowledges the financial support received from FAPERJ (Fundação de Amparo à Pesquisa do Estado do Rio de Janeiro – Foundation for Research Support of the State of Rio de Janeiro), per grant APQ1 nr. E-26/111.410/2011.
Carneiro, J., Amaral, V., Pacheco, H., Moraes, S. and Figueira da Silva, G. (2014), "The Performance Logic of International Diversification", Multinational Enterprises, Markets and Institutional Diversity (Progress in International Business Research, Vol. 9), Emerald Group Publishing Limited, pp. 443-475. https://doi.org/10.1108/S1745-886220140000009017Download as .RIS
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