African Journal of Business Management
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Article Number - FC29F0C44082


Vol.8(8), pp. 253-269 , April 2014
DOI: 10.5897/AJBM11.2000
ISSN: 1993-8233



Full Length Research Paper

Leaving home: Relocation choices of South African multinational enterprise (MNEs)



Saul Klein
  • Saul Klein
  • Lansdowne Professor of International Business, Peter B. Gustavson School of Business University of Victoria, Canada.
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Albert Wöcke
  • Albert Wöcke
  • Lansdowne Professor of International Business, Peter B. Gustavson School of Business University of Victoria, Canada.
  • Google Scholar
James M. Hughes
  • James M. Hughes
  • Gordon Institute of Business Science, Pretoria, South Africa.
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 Received: 02 August 2011  Accepted: 07 April 2014  Published: 28 April 2014

Copyright © 2014 Author(s) retain the copyright of this article.
This article is published under the terms of the Creative Commons Attribution License 4.0


As multinational enterprise (MNEs) from emerging markets grow into maturity they face significant challenges surrounding their identities and home country bases and, as a result, we see them making different choices. National champions choose to retain their corporate headquarters and identity from their emerging market homes while corporate emigrants relocate their head-offices abroad. Targets of mergers and acquisitions (M and A) may move to the acquirer's home or stay where they were born.  Through an examination of South African-born firms that are cross-listed on both the Johannesburg securities exchange and one other exchange, we identify the differences between these evolutionary paths and discuss the drivers and constraints on relocation decisions.
 
Key words: South Africa, emerging markets, multinational enterprise, location advantage, headquarters.


APA Klein, S., Wöcke, A., & Hughes, J.M. (2014). Leaving home: Relocation choices of South African multinational enterprise (MNEs). African Journal of Business Management, 8(8), 253-269.
Chicago Saul Klein, Albert Wöcke and James M. Hughes. "Leaving home: Relocation choices of South African multinational enterprise (MNEs)." African Journal of Business Management 8, no. 8 (2014): 253-269.
MLA Saul Klein, Albert Wöcke and James M. Hughes. "Leaving home: Relocation choices of South African multinational enterprise (MNEs)." African Journal of Business Management 8.8 (2014): 253-269.
   
DOI 10.5897/AJBM11.2000
URL http://academicjournals.org/journal/AJBM/article-abstract/FC29F0C44082

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