The United States wants India to enact a legislative measure limiting the liability of foreign companies in the event of a nuclear accident.
I also discuss multinational management issues at the corporation level that likely affect liabilities of foreignness experienced at the foreign subsidiary level.
The annual report said Apple's overseas pile of cash and securities had reached $187 billion and its "deferred" U.S. tax liability on foreign earnings kept overseas was $30 billion.
Its liabilities to foreign nations came to exceed its foreign assets by hundreds of billions of dollars.
In recent months he dumped foreign equities held through Thornburg Investment Management and bought notes from the governments of Canada, Australia and Sweden, giving the former governor some international exposure without the potential political liability of holding foreign companies.
According to Johanson and Vahlne (2009 1412), "This process had its origin in the liability of foreignness, a concept that originally explained why a foreign investor needed to have a firm-specific advantage to more than offset this liability (Hymer 1976; Zaheer 1995).
First, as argued before, the choice of foreign markets seems less important, since psychic distance and liability of foreignness are less influential.
As a result, its liabilities to foreign investors exceeded the assets that its residents own abroad by 92% of GDP last year, among the highest in the euro area.
Liability of foreignness refers to the disadvantage a firm operating in a foreign market faces vis-à-vis local firms.
Hence, relatively to a firm adopting the classic form, a firm adopting the platform-ecosystem organizational form is likely to incur lower liability of foreignness, and should be less influenced by psychic distance to the foreign market.
