Research Note: Internationalization of US Publicly Traded Restaurant Companies – a Transaction Cost Economics Perspective

Seoki Lee, Yoon Koh and Cindy Yoonjoung Heo
Additional contact information
Cindy Yoonjoung Heo: 17 Science Museum Road, TST East, Kowloon, Hong Kong

Tourism Economics, 2011, vol. 17, issue 2, 465-471

Abstract: In the internationalization literature of economics, many theories have been applied to various issues, but transaction cost economics remains significant among other prominent theories. The original intention of transaction cost economics was to explain the nature of firms in general; however, the approach has subsequently been applied to international operations. Despite the prevalent use of the theory to explain internationalization issues, few empirical examinations have been undertaken through its application in the hospitality literature. This study therefore examines the internationalization of US publicly traded restaurant companies through transaction cost economics.

Keywords: transaction cost economics; internationalization; internalization theory; US restaurant industry; interaction effect (search for similar items in EconPapers)
Date: 2011
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://journals.sagepub.com/doi/10.5367/te.2011.0041 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:sae:toueco:v:17:y:2011:i:2:p:465-471

DOI: 10.5367/te.2011.0041

Access Statistics for this article

More articles in Tourism Economics
Bibliographic data for series maintained by SAGE Publications ().