Real options in multinational corporations: organizational challenges and risk implications

By Tony W. Tong, Jeffrey J. Reuer. 2007

242 citations recorded by the source corpus.

Subfields: Accounting, Finance, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/57560642be6718279054b7d9529095195bd531bf

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Accounting

1. Seung-Hyun Lee
2. Jing Li
3. Jianglei Zou
4. Mona V. Makhija
5. René Belderbos
6. Alan M. Rugman
7. K. Meyer
8. Mike W. Peng

In Finance

1. Jianglei Zou
2. Jing Li
3. Seung-Hyun Lee
4. Mona V. Makhija
5. René Belderbos

In Strategy and Management

1. Jing Li
2. Seung-Hyun Lee
3. René Belderbos
4. Jianglei Zou
5. Mona V. Makhija
6. Alan M. Rugman
7. K. Meyer
8. Alain Verbeke

Citations in the corpus

• How Media Coverage of Corporate Social Irresponsibility Increases Financial Risk (2017, unknown): “Second, we included firm size, as large firms tend to receive more press coverage (Bansal and Clelland, 2004) and have lower financial risk (Tong and Reuer, 2007).”
• Flexibility versus commitment: MNEs’ ownership strategy in China (2010, unknown): “…setting to test real options predictions because MNEs usually face significant environmental uncertainty (Luo, 2005; Puck, Holtbrugge & Mohr, 2009; Tong & Reuer, 2007; Xu, Zhou & Phan, 2009) and because the uncertainty MNEs face varies across different industries and across different time periods.”
• Real options and the theory of foreign direct investment (2007, background): “All rights reserved. doi:10.1016/j.ibusrev.2007.08.004 Corresponding author.”
• Real Options in Management and Organizational Strategy: A Review of Decision‐making and Performance Implications (2012, unknown): “Pantzalis (2001) examines the relationship between market value and MNCs’ geographic scope, illustrating specifically the positive association between growth options potential and firm involvement in emerging economies.”
• Real options and foreign affiliate divestments: A portfolio perspective (2009, background): “Other moderators of affiliate portfolio option value that have been put forward are the cultural distance between countries in the portfolio hampering effective coordination (Tong and Reuer, 2007) and heterogeneities in the value of affiliate options related to entry mode and line of business (Tong,”
• Caught in the crossfire: Dimensions of vulnerability and foreign multinationals' exit from war‐afflicted countries (2017, unknown): “In the case of discretionary actions (exit) and sunk costs, such options allow firms to “avoid future outlays in the event of negative signals […] and position themselves to seize upside opportunities systematically” (Tong and Reuer, 2007: 216).”
• Flexibility in internationalization: is it valuable during an economic crisis? (2009, background): “…that has subsidiaries in different countries can be overwhelmed by the complexity of coordinating different operations (Rugman and Verbeke, 2004; Tong and Reuer, 2007), which may reduce the benefits of operational flexibility that the MNC hopes to have (Doukas and Pantzalis, 2003; Roth,…”