Because Location Matters: What Multinationals Must Know About Cultural Distance
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| Format: | Artículo científico |
| Language: | en |
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Portal Universia S.A.
2009
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| _version_ | 1876422617735364608 |
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| author | Paloma Almodovar |
| author_facet | Paloma Almodovar |
| contents | Because Location Matters: What Multinationals Must Know About Cultural Distance Paloma Almodovar Economía y Finanzas Zero Tobit Model Country Risk Cultural Distance International Business The purpose of this paper is to analyse the influence of cultural distance on the ownership level assumed when international markets are targeted, and how managers are more likely to change their mind when they take into account the moderating effect of country risk. To this end, we have reviewed the pertinent literature as well as several Spanish case studies. The statistical verification has been performed by a Tobit model over the Spanish manufacturing sector (2000-2005). The results support our assumptions about the effect that cultural distance and country risk have on the commitment level and allow us to reconcile the two opposite streams that scholars have defended before. 2009 artículo científico 1988-7116 https://www.redalyc.org/articulo.oa?id=511851322005 en http://www.redalyc.org/revista.oa?id=5118 Journal of Globalization, Competitiveness & Governability / Revista de Globalización, Competitividad y Gobernabilidad / Revista de Globalização, Competitividade e Governabilidade application/pdf Portal Universia S.A. Journal of Globalization, Competitiveness & Governability / Revista de Globalización, Competitividad y Gobernabilidad / Revista de Globalização, Competitividade e Governabilidade (España) Num.3 Vol.3 |
| format | Artículo científico |
| id | redalyc_511851322005 |
| institution | Redalyc |
| language | en |
| publishDate | 2009 |
| publisher | Portal Universia S.A. |
| spellingShingle | Because Location Matters: What Multinationals Must Know About Cultural Distance Paloma Almodovar Economía y Finanzas Zero Tobit Model Country Risk Cultural Distance International Business Because Location Matters: What Multinationals Must Know About Cultural Distance Paloma Almodovar Economía y Finanzas Zero Tobit Model Country Risk Cultural Distance International Business The purpose of this paper is to analyse the influence of cultural distance on the ownership level assumed when international markets are targeted, and how managers are more likely to change their mind when they take into account the moderating effect of country risk. To this end, we have reviewed the pertinent literature as well as several Spanish case studies. The statistical verification has been performed by a Tobit model over the Spanish manufacturing sector (2000-2005). The results support our assumptions about the effect that cultural distance and country risk have on the commitment level and allow us to reconcile the two opposite streams that scholars have defended before. 2009 artículo científico 1988-7116 https://www.redalyc.org/articulo.oa?id=511851322005 en http://www.redalyc.org/revista.oa?id=5118 Journal of Globalization, Competitiveness & Governability / Revista de Globalización, Competitividad y Gobernabilidad / Revista de Globalização, Competitividade e Governabilidade application/pdf Portal Universia S.A. Journal of Globalization, Competitiveness & Governability / Revista de Globalización, Competitividad y Gobernabilidad / Revista de Globalização, Competitividade e Governabilidade (España) Num.3 Vol.3 |
| title | Because Location Matters: What Multinationals Must Know About Cultural Distance |
| topic | Economía y Finanzas Zero Tobit Model Country Risk Cultural Distance International Business |
| url | https://www.redalyc.org/articulo.oa?id=511851322005 |