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International and Cultural Implications on Internationalization Analysis of Multinational Firms

Author

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  • José G. Vargas-Hernández

    (Research Professor, Department of Administration, University of Guadalajara, Jalisco, 45100, México.)

Abstract

This paper is aims to analyze some of the institutional and cultural implications on internationalization analysis of multinational firms. The analysis begins questioning what the main institutional and cultural variables are considered in the involvement of internationalization of multinational firms. To answer this question, a literature review types approach in areas like internationalization of multinational firms based on institutional and cultural frameworks is followed. Secondly, these institutional and cultural variables are analyzed to integrate findings. Finally, the paper argues the need to design a better institutional and cultural balance among the development of a glocal-regional transformation, convergence and governance.

Suggested Citation

  • José G. Vargas-Hernández, 2015. "International and Cultural Implications on Internationalization Analysis of Multinational Firms," Journal of Economic and Financial Studies (JEFS), LAR Center Press, vol. 3(4), pages 16-29, August.
    • Handle: RePEc:lrc:lareco:v:3:y:2015:i:4:p:16-29
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    Keywords

    Cultural variables: Institutional variables; Internationalization; Multinational firms;
    All these keywords.

    JEL classification:

    • B52 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Historical; Institutional; Evolutionary; Modern Monetary Theory;
    • F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements
    • M16 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - International Business Administration

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