Multinational enterprises may choose to invest internationally through a newly formed subsidiary or by acquiring an existing company. In an attempt to isolate factors which might indicate a propensity to acquire rather than form subsidiaries, this study examined the characteristics of firms which have invested abroad. The results showed that firms with a higher percentage of investments through acquisitions did have some common characteristics. In addition, the nationality of the parent was found to be related to the propensity to acquire.
CITATION STYLE
Wilson, B. D. (1980). The Propensity of Multinational Companies to Expand Through Acquisitions. Journal of International Business Studies, 11(1), 59–64. https://doi.org/10.1057/palgrave.jibs.8490596
Mendeley helps you to discover research relevant for your work.