Survival and Profitability: The Roles of Experience and Intangible Assets in Foreign Subsidiary Performance
Posted: 2 May 2002
There are 2 versions of this paper
Survival and Profitability: The Roles of Experience and Intangible Assets in Foreign Subsidiary Performance
Number of pages: 25
Posted: 18 Apr 2002
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Abstract
This study integrates research on the financial performance of multinational firms with research on foreign subsidiary survival. We examined the influences a firm's intangible assets and its experience have on foreign subsidiary survival and profitability using a sample of 3,080 subsidiaries of 641 Japanese firms. The results show survival and profitability have different antecedents. Host country experience has a direct effect on survival but a contingent relationship with profitability. The entry mode moderated the nature of these relationships.
Keywords: FDI, Political risk, Japan, International
Suggested Citation: Suggested Citation
Delios, Andrew and Beamish, Paul W., Survival and Profitability: The Roles of Experience and Intangible Assets in Foreign Subsidiary Performance. Available at SSRN: https://ssrn.com/abstract=310234
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