BIBLIOGRAFÍA

• Babkema, H. G., y Vebmeulen, F. [1998]: «International expansion through start-up or acquisition: A learning perspective», Academy of Management Journal, Vol. 47(1): 7–26.
   Google Scholar
• Babney, J. B. [1986]: «Strategic factor markets: Expectations, luck, and business strategy», Management Science, Vol. 32: 1.231–1.241.
   Web of Science ®Google Scholar
• Babney, J. B. [1988]: «Returns to bidding firms in mergers and acquisitions: Reconsidering the related- ness hypothesis», Strategic Management Journal, Vol. 9: 71–78.
   Web of Science ®Google Scholar
• Brown, S. J., y Warner, J. [1985]: «Using daily stock returns», Journal of Financial Economics, Vol. 14: 3–31.
   Web of Science ®Google Scholar
• Buckley, P. J., y Casson, M. [1976]: The Future of the Multinational Enterprise, McMillan, London.
   Google Scholar
• Caves, R. E., and Mehra, S. K. [1986]: «Entry of foreign multinationals into U.S. manufacturing industries», in Porter, M. (Ed.): Competition in global industries, Boston: Harvard Business School Press.
   Google Scholar
• Chen, S.; Ho, K.; Lee, C., y Yeo, G. [2000]: «Investment opportunities, free cash flow and market reaction to international joint ventures», Journal of Banking and Finance, Vol. 24: 1.747–1.765.
   Web of Science ®Google Scholar
• Chung, K. H., y Pruitt, S. W. [1994]: «A Simple approximation of Tobin's q», Financial Management, Vol. 23: 70–74.
   Web of Science ®Google Scholar
• Click, R., y Habbison, P. [2000]: «Does multinationality matter? Evidence of value destruction in multinational corporations», FEDS Working Paper, n.° 2000–21.
   Google Scholar
• Doukas, J., y Travlos, N. G. [1988]: «The effect of corporate multinationalism on shareholders' wealth: evidence from international acquisitions», The Journal of Finance, Vol. 43(5): 1.161–1.175.
   Web of Science ®Google Scholar
• Dubán, J. J. (Ed.) [1996]: Multinacionales Españolas I, Pitámide, Madrid.
   Google Scholar
• Dubán, J. J. (Ed.) [1997]: Multinacionales españolas II, Pirámide, Madrid.
   Google Scholar
• Dubán, J. J. (Ed.) [1999]: Multinacionales españolas en Iberoamérica, Pirámide, Madrid.
   Google Scholar
• Errunza, V. R., y Sembet, L.W. [1981]: «The effects of international operations on the market value of the firm. Theory and evidence», Journal of Finance, Vol. 36(2): 401–417.
   Web of Science ®Google Scholar
• Errunza, V. R., y Sembet, L. W. [1984]: «International corporate diversification, market valuation, and size adjusted evidence», Journal of Finance, Vol. 48: 1.629–1.658.
   Google Scholar
• García-Canal, E.; Sánchez, P., y Vidal, M. [2002]: «Valoración del mercado de capitales ante los procesos de combinación empresarial: Un panorama», Revista Europea de Dirección y Economía de la Empresa, Vol. 11(4): 111–134.
   Google Scholar
• Hennart, J. F. [1982]: A Theory of Multinational Enterprise, University of Michigan Press, Ann Arbor, Michigan.
   Google Scholar
• Hennart, J. F. [1988]: «A transaction cost theory of equity joint ventures», Strategic Management Journal, Vol. 9: 361–374.
   Web of Science ®Google Scholar
• Hennart, J. F., y Park, Y. R. [1993]: «Greenfield vs acquisition: The strategy of Japanese investors in the United States», Management Science, Vol. 39, September: 1.054–1.070.
   Web of Science ®Google Scholar
• Hennart, J. F., y Reddy, S. [1997]: «The choice between mergers/acquisitions and joint ventures: The case of Japanese investors in the United States», Strategic Management Journal, Vol. 18: 1–12.
   Web of Science ®Google Scholar
• Hitt, M. A.; Harrison, J. S., y Ireland, R. D. [2001]: Mergers & acquisitions: A guide to creating value for stakeholders, Oxford University Press, New York.
   Google Scholar
• Hofstede, G. [2001]: Culture's consequences: International differences in work-related values, Beverly Hills, Sage, 2.a Ed.
   Google Scholar
• Hymer, S. H., [1960/1976], The international operations of national firms: A study of direct foreign investment, Cambridge, MA, MIT Press.
   Google Scholar
• Jensen, M. C. [1986]: «Agency costs of free cash flow, corporate finance and takeovers», American Economic Review, Vol. 76: 323–329.
   Web of Science ®Google Scholar
• Kogut, B., y Singh, H. [1988]: «The effect of national culture on the choice of entry mode», Journal of International Business Studies, Vol. 19: 411–432.
   Web of Science ®Google Scholar
• López-Duarte, C., y García-Canal, E. [2002]: «Adverse selection and the choice between joint-ventures and acquisitions: Evidence from Spanish firms», Journal of Institutional and Theoretical Economics (JITE), Vol.158 (2): 304–324.
   Google Scholar
• López duarte, C., y García-Canal, E. [2004]: «Creación de valor en la expansión internacional a través de las inversiones directas en el exterior: el caso de las empresas españolas», Información Comercial Española. Revista de Economía, Vol. 817: 51–65.
   Google Scholar
• Madhok, A. [1997]: «Cost, value and foreign market entry mode: the transaction and the firm», Strategic Management Journal, Vol. 18: 39–61.
   Web of Science ®Google Scholar
• Mcwilliams, A., y Siegel, D. [1997]: «Event studies in management research: Theoretical and empirical issues», Academy of Management Journal, Vol. 40(3): 626–657.
   Web of Science ®Google Scholar
• Morck, R., y Yeung, B. [1992]: «Internalization: An event study test», Journal of International Economics, Vol. 33: 41–56.
   Web of Science ®Google Scholar
• OCDE/OECD [2001]: New patterns of industrial globalisation: Cross-border mergers and acquisitions and strategic alliances, OECD, París.
   Google Scholar
• REAL DECRETO 672/1992, sobre Inversiones Directas en el Exterior.
   Google Scholar
• REAL DECRETO 664/1999, sobre Inversiones Exteriores.
   Google Scholar
• Reuer, J. J., and Koza, M. P. [2000]: «On lemons and indigestibility: Resource assembly through joint ventures», Strategic Management Journal, Vol. 21(2): 195–197.
   Web of Science ®Google Scholar
• Sharpe, S. [1964]: «Capital asset pricing: A theory of market equilibrium under conditions of risk», Journal of Finance, Vol. 19: 425–442.
   Web of Science ®Google Scholar
• Teece, D. J. [1977]: «Technology transfer by multinational firms: The resource cost of transfering technological know-how», Economic Journal, Vol. 87: 242–261.
   Web of Science ®Google Scholar
• UNCTAD [2004]: World investment report, UNCTAD.
   Google Scholar
• Vidal, M. [2000]: «Las Alianzas Estratégicas Globales para la Internacionalización. Su Contribución a la Creación de Valor en la empresa», Economía Industrial, Vol. 333: 49–56.
   Google Scholar
• Vidal, M., y García canal, E. [2003]: «Complementarity and leverage as driver of the stock market reaction to global alliance formation», Long Range Planning, Vol. 36, n.° 6: 565–578.
   Web of Science ®Google Scholar
• Zaheer, S. [1995]: «Overcoming the liability of foreignness», Academy of Management Journal, Vol. 38: 341–363.
   Web of Science ®Google Scholar