Leaving home: Relocation choices of South African multinational enterprise (MNEs)
Date
2014
Authors
Klein, Saul
Wocke, Albert
Hughes, James M.
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Journal ISSN
Volume Title
Publisher
African Journal of Business Management
Abstract
As multinational enterprise (MNEs) from emerging markets grow into maturity they face significant challenges surrounding their identities and home country bases and, as a result, we see them making different choices. National champions choose to retain their corporate headquarters and identity from their emerging market homes while corporate emigrants relocate their head-offices abroad. Targets of mergers and acquisitions (M and A) may move to the acquirer's home or stay where they were born. Through an examination of South African-born firms that are cross-listed on both the Johannesburg securities exchange and one other exchange, we identify the differences between these evolutionary paths and discuss the drivers and constraints on relocation decisions.
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Citation
Klein, S., Wocke, A., & Hughes, J. M. (2014). Leaving home: Relocation choices of South African multinational enterprise (MNEs). African Journal of Business Management, 8(8). https://doi.org/10.5897/AJBM11.2000