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Keywords: Managerial resources
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Journal Articles
Asia-Pacific Journal of Business Administration (2025) 17 (2): 491–513.
Published: 24 September 2024
... foreign clients, compared with MNE-type PSFs. The Penrose effect states that the growth rate of a firm is constrained by the amount of managerial resources it has available. The logic of the effect is that a firm that expands significantly in one period will use up managerial resources in doing so...
Includes: Supplementary data
