Beyond product markets: new insight on liability of foreignness from capital markets
We expand the Liability of Foreignness (LOF) construct beyond the product market domain to include liabilities faced by firms attempting to secure resources in host capital markets. Drawing from institutional theory and research in finance, we identify institutional distance, information asymmetr...
Main Authors: | , , |
---|---|
Format: | Others |
Language: | en |
Published: |
Palgrave Macmillan
2012
|
Online Access: | http://epub.wu.ac.at/3485/1/JIBS_1st_submission_M.pdf |