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Title: Research note: Internationalization of US publicly traded restaurant companies : a transaction cost economics perspective
Authors: Lee, S
Koh, Y
Heo, CY
Issue Date: Apr-2011
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.
Keywords: Transaction cost economics
Internationalization
Internalization theory
US restaurant industry
Interaction effect
Publisher: IP Publishing Ltd
Journal: Tourism economics 
ISSN: 1354-8166
EISSN: 2044-0375
DOI: 10.5367/te.2011.0041
Rights: Copyright © 2011 IP Publishing Ltd. Reproduced by permission. The journal web site is located at http://www.ippublishing.com
Appears in Collections:Journal/Magazine Article

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