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The Multinational Business Review
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The purpose of this study is to examine how foreign firms consider natural disaster risk in subsequent investment decisions in a host country and whether different location portfolios can serve to mitigate investment risk.,The author sample includes data on 437 Fortune Global 500 firms and their initial entry into Chinese provinces between 1955 and 2008.,Using a fixed effects logit model of discrete time event history analysis, results show that geographic proximity to same multinational corpora...
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It has been claimed that Born Globals are incompatible with the Uppsala model, which is based on the firm having a maximum tolerable risk level. This assumption was used to explain observed incremental commitments, with further commitments being made as experiential learning reduces the level of risk faced. It will be argued that adding a consideration of the role of expected value, including the effects of resource constraints, can reconcile the Born Global and internationalization process lite...
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