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dc.contributor.authorKEARNEY, COLM
dc.contributor.authorBERRILL, JENNY
dc.date.accessioned2010-09-08T11:42:50Z
dc.date.available2010-09-08T11:42:50Z
dc.date.issued2010
dc.date.submitted2010en
dc.identifier.citationJenny Berrill, Colm Kearney, Firm-level internationalisation and the home bias puzzle, Journal of Economics and Business, 62, 4, 2010, 235-256en
dc.identifier.otherY
dc.identifier.urihttp://hdl.handle.net/2262/40619
dc.descriptionPUBLISHEDen
dc.description.abstractThe extent to which internationalising MNEs create value, and the extent to which investors can reap the benefits of firm-level internationalisation remain controversial issues. Using a multi-country dataset with over 3 million observations, we classify 1,143 firms listed on the exchanges of the G7 countries according to the geographical spread of their sales and subsidiaries. We show that more internationalised firms provide greater diversification benefits. By investing in home-based internationalised firms, investors can `free ride? the costs and risks associated with internationalisation at the level of the firm and exhibit home bias while availing of international diversification benefits.en
dc.format.extent235-256en
dc.language.isoenen
dc.publisherElsevieren
dc.relation.ispartofseriesJournal of Economics and Business;
dc.relation.ispartofseries62;
dc.relation.ispartofseries4;
dc.rightsYen
dc.subjectEconomics and businessen
dc.subjectInternational diversificationen
dc.titleFirm-level internationalisation and the home bias puzzleen
dc.typeJournal Articleen
dc.type.supercollectionscholarly_publicationsen
dc.type.supercollectionrefereed_publicationsen
dc.identifier.peoplefinderurlhttp://people.tcd.ie/kearnec
dc.identifier.peoplefinderurlhttp://people.tcd.ie/jberril
dc.identifier.rssinternalid64777
dc.identifier.rssurihttp://dx.doi.org/10.1016/j.jeconbus.2010.02.002en


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