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Keywords: Penrose effect
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Journal Articles
Asia-Pacific Journal of Business Administration (2025) 17 (2): 491–513.
Published: 24 September 2024
...Ryuichi Nakamoto; Hao-Cheng Chen; Hiroki Noguchi; Shohei Funatsu Purpose The Penrose effect, or the limitation of the growth rate during expansion due to managerial constraints, has been examined in the context of business diversification, withdrawal and MNE’s foreign direct investment, primarily...
Includes: Supplementary data
