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Corporate structure of leading firms in Europe: does country origin still matter?

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Author Info
Isabelle De Voldere ()
Leo Sleuwaegen ()
An Van Pelt
Reinhilde Veugelers (Vlerick Leuven Gent Management School)

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Abstract

This article traces the changing impact of national differences on the geographical and industry diversification strategy of leading firms in Europe in 1987-2000, a period of intensified European integration. The results indicate that, whereas country of origin had a significant effect at the beginning of the period, its impact has gradually diminished over time, with firms overall focusing resources on core activities but at the same time expanding production more internationally. However, some country differences do persist over time. Especially firms originating from Germany and Italy appear to be still significantly influenced by national differences.

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Publisher Info
Paper provided by Vlerick Leuven Gent Management School in its series Vlerick Leuven Gent Management School Working Paper Series with number 2004-12.

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Length: 41 pages
Date of creation: 21 Jun 2004
Date of revision:
Handle: RePEc:vlg:vlgwps:2004-12

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  1. Geert Duysters & John Hagedoorn, 2001. "Do Company Strategies and Structures Converge in Global Markets? Evidence from the Computer Industry," Journal of International Business Studies, Palgrave Macmillan Journals, vol. 32(2), pages 347-356, June. [Downloadable!] (restricted)
  2. John H. Dunning, 1997. "The European Internal Market Programme and Inbound Foreign Direct Investment," Journal of Common Market Studies, Blackwell Publishing, vol. 35(1), pages 1-30, 03. [Downloadable!] (restricted)
  3. Benito, Gabriel R G, 1997. "Divestment of Foreign Production Operations," Applied Economics, Taylor and Francis Journals, vol. 29(10), pages 1365-77, October. [Downloadable!] (restricted)
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  4. James R. Markusen, 1998. "Multinational Firms, Location and Trade," The World Economy, Blackwell Publishing, vol. 21(6), pages 733-756, 08. [Downloadable!] (restricted)
  5. John H. Dunning, 1997. "The European Internal Market Programme and Inbound Foreign Direct Investment," Journal of Common Market Studies, Blackwell Publishing, vol. 35(2), pages 189-223, 06. [Downloadable!] (restricted)
  6. John A Doukas & L H P Lang, 2003. "Foreign direct investment, diversification and firm performance," Journal of International Business Studies, Palgrave Macmillan Journals, vol. 34(2), pages 153-172, March. [Downloadable!] (restricted)
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