Real options and institutions
Smit, Han, Pennings, Enrico, van Bekkum, Sjoerd
Journal of International Business Studies · 2017 · Volume 48 · Issue 5
DOI: 10.1057/s41267-016-0055-7
Abstract
This article shows how growth options are affected by two types of external uncertainty: Transactional uncertainty that stems from institutional voids and
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