A Note on Return on Foreign Assets and Foreign Presence for UK Multinationals*

Alan M. Rugman · George S. Yip · Saliya Jayaratne

40 citations0/0 files storedBritish Journal of Management

No readable copy stored yet — this record is metadata only.

No open-access location is known for this record yet.

Literature note Cite in a project Citation map

International Business and FDI Corporate Finance and Governance International Student and Expatriate Challenges

Abstract

Within the context of the international business literature on multinationality and performance we develop new data on the foreign presence and performance of large UK multinational enterprises (MNEs). There are 32 UK MNEs for which we can obtain data on both their degree of multinationality (measured by the ratio of foreign to total (F/T) sales) and their performance. Here, in addition to the traditional overall performance of the firm, shown as return on total assets, we use new data on the return on foreign assets (ROFA). We conduct analytical work to show the positioning of the UK MNEs in the ROFA and F/T sales space and provide regression results showing a linear relationship between multinationality and performance, using the new ROFA metric.

Paper brief

Loading…

Cite this work

Citation unavailable for this work.

BibTeX RIS CSL-JSON

No public copy is stored for this record, so only the metadata is cited.

Citations in this library

Citation map →

Stored only when both papers are in the corpus — 40 citations exist upstream.

References

1985Competitive Advantage: Creating and Sustaining Superior Performance 1985Competitive advantage, creating and sustaining superior performance 1988The Effect of National Culture on the Choice of Entry Mode 1998Competitive advantage: creating and sustaining superior performance 1995Multinational Enterprises and the Global Economy.1997INTERNATIONAL DIVERSIFICATION: EFFECTS ON INNOVATION AND FIRM PERFORMANCE IN PRODUCT-DIVERSIFIED FIRMS.2007Multinational Enterprise and Economic Analysis 2004A perspective on regional and global strategies of multinational enterprises

Cited by

2011International diversification and the market value of new product introduction 2013The Regional Strategies of B ritish Multinational Subsidiaries in S outh E ast A sia 2020Chinese Service Multinationals: The Degree of Internationalization and Performance 2013Regionalization strategy and performance

Explore the map →

Papers that cite the same references — the relational fallback while embeddings are still backfilling.

Imported from OpenAlex (CC0) — nothing here is generated.