MULTINATIONALIZATION OF MEXICAN COMPANIES, LA MULTINACIONALIZACION DE LA EMPRESA MEXICANA

Ruben Molina Martinez, Oscar Hugo Pedraza Rendon and Jorge Luis Alcaraz Vargas

Revista Internacional Administracion & Finanzas, 2012, vol. 5, issue 5, 71-85

Abstract: This study addresses the phenomenon of multi-nationalization of Mexican companies that arises from link that exists between a country’s foreign direct investment, emissions abroad and the country's economic growth measured by GDP. The motivation for the development of this study has been the constant and increasing participation of companies from emerging economies in global markets and their importance in both the local and the hosting economies. We find, in a non-conclusive way, a positive relationship between the national economic growth and the multi-nationalization of Mexican companies. However, the degree of growth of the Mexican economy is not sufficient for companies to achieve an appropriate level of multi-nationalization.

Keywords: Multinationalization; foreign direct investment; economic growth; gross domestic product (search for similar items in EconPapers)
JEL-codes: F21 F23 (search for similar items in EconPapers)
Date: 2012
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