Includes indexes.

Introduction / Alan M. Rugman -- The evolutionary or multi-stage theory of internationalization and its relationship to the regionalization of firms / Farok J. Contractor -- Multinationality and regional performance, 2001-2005 / Alan M. Rugman, Chang Hoon Oh -- The empirics of multinationality and performance / Harry P. Bowen -- Performance effects of internationalization strategies : a meta-analysis / Andreas Bausch, Thomas Fritz, Kathrin Boesecke -- Internationalization and performance : the moderating role of strategic fit / Fabienne Fortanier, Alan Muller, Rob van Tulder -- Internationalization of Indian firms : regionalization patterns and impact on performance / Vikas Kumar, Ajai S. Gaur -- The location and performance of foreign affiliates in global cities / Lilach Nachum, Clifford Wymbs -- Testing the global and regional strategies of multinational enterprises / Lei Li, Dan Li -- The regional dimension of UK multinationals / Alan M. Rugman, Alina Kudina, George S. Yip -- Intra-regional sales and performance / Nessara Sukpanich -- Testing regional effects in the internationalization-performance relationship in Asian service firms / Stephen Chen -- Intra-regional sales and the internationalization and performance relationship / Nicole Richter -- The geographic orientation of multinational enterprises and its implications for performance / Anthony Goerzen, Christian Geisler Asmussen -- The regional nature of MNE activities and the gravity model / Walid Hejazi.

This volume contains recent chapters dealing with empirical tests of the relationship between multinationality (M) and performance (P). This is a traditional topic in the area of international business, but recently there has been renewed interest, partly due to theoretical advances such as the regionalization thesis of Rugman and Verbeke (in contrast to the previous assumption of uniform internationalization) and partly due to better and more detailed data on the geographic dispersion of activities now available from the annual reports of large firms, most of which are multinational enterprises (MNEs). In this literature, P, as a dependent variable, is broadly determined by the degree of multinationality, M, where M is usually proxied by the ratio of foreign (F) to total (T) sales or assets, i.e. (F/T). There is either a linear, quadratic, or cubic (S curve) fit, allowing for controls such as size of the firm; industry grouping, organizational learning effect over time, etc. Recently, this M and P literature has included regional aspects of (F/T) and performance, for example performance has looked at return on foreign assets (ROFA). In short, new accounting standards affecting most of the worlds MNEs now make it possible to adopt both a new dependent variable (for performance) and a new independent variable (for multinationality). Performance can now capture the return on foreign assets (ROFA), and just the return on total assets (ROTA). Multinationality is now available on a regional basis, i.e. the ratio of regional (R) to total (T) sales R/T. This offers better information on the strategic performance of an MNE, in comparison to the traditional metric of the return of foreign - to total sales or assets F/T. This volume will publish 10 chapters at the forefront of research on this reinvigorated topic of the regional aspects of multinationality and performance. It provides research at the forefront of the regional aspects of multinationality and performance. It deals with empirical tests of the relationship between multinationality and performance. It considers the effect that new accounting standards for the worlds MNEs have on multinationality and performance. This book series is available electronically at website.

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