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Title: Research note: Internationalization of US publicly traded restaurant companies : a transaction cost economics perspective
Authors: Lee, Seoki
Koh, Yoon
Heo, Cindy Yoonjoung
Subjects: Transaction cost economics
Internalization theory
US restaurant industry
Interaction effect
Issue Date: Apr-2011
Publisher: IP Publishing Ltd
Source: Tourism economics, Apr. 2011, v. 17, no. 2, p. 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.
Rights: Copyright © 2011 IP Publishing Ltd. Reproduced by permission. The journal web site is located at
Type: Journal/Magazine Article
DOI: 10.5367/te.2011.0041
ISSN: 1354-8166
Appears in Collections:SHTM Journal/Magazine Articles

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