BRIC

be allowed to invest. If the regulator bodies were merged with bank and government I feel that would allow banks to invest in these securities if the firm were to report to a body on a regular basis. I believe we will also have to look out for the BRIC economies in this market as it is estimated for 2012 they will be importing more than rich countries in…

Any rise in the prices of such inputs through devaluation, would raise industrial costs and reduce the intensity of capacity utilisation. Therefore, it should be avoided as a resort to deficit financing. Devaluation with its implications will cause a contraction in economic activity and consequently slide in income tax receipts will raise the burden of Bangladesh's foreign debt overnight. It cannot stop smuggling as long as black-market transactions in foreign exchange continue. Devaluing…

Purpose – Design/Methodology/approach – Drawing on multiple case study approach, this study explores specifically four Nigerian firms from different sector to provide insight into the motivation of location path of Nigerian firms’ internationalisation process Paper type: Research Originality/Value Keywords: Internationalisation, Nigerian firms, multinational firms, internationalisation process, motivations and path Paper type Literature Review/Research paper 1. Introduction The study…

1. Introduction The study of the internationalisation process of emerging market multinationals (EMNCs) has gained prominence in the last two decades, this is as a result of the economic growth and transformation witnessed among the emerging markets (EM) in the period. The internationalisation phenomena have resulted in a surge of interest from international business (IB) scholars (Athreye & Kapur, 2009; Hoskisson, Eden, Lau, & Wright, 2000; Hoskisson, Wright, Filatotchev, & Peng, 2013;…

He says that Western companies think they can avoid political risk by spelling out every detail in a contract, but "in Asia, there is no shortcut for managing the relationship."88 In other words, the contract is in the relationship, not on the paper, and the way to ensure the reliability of the agreement is to nurture the relationship. Even a deal that has been implemented for some time may start to get watered down at a time when you cannot do anything about it. A Japanese-led consortium…

economies in comparison with EMNCs international behaviour. Gammeltoft et al (2010) assert that the specificities of EMNC 's context may be distinct and represents a different evolutionary process than those of the developed economies MNCs As studies from BRICs shows a distinct approach. A key criticism of the OLI paradigm particularly is the focus on manufacturing sector as firms from different sector may be motivated to internationalize based on factors entirely different from those suggested…