Abstract
De-globalization, COVID-19, a surprise winner, the financial crisis – MNEs have been confronted with great uncertainties during the US presidential elections from 2012 to 2020. While there is abundant research on political events affecting MNEs, the role of MNEs´ international and national diversification when political events occur in increasingly polarized, nationalist Western countries has not been studied yet. Through an event study analysis, we investigate the abnormal returns of 2,941 US companies during US presidential elections. Our research contributes to International Business literature as we explore whether international and national diversification are safeguards of MNEs´ performance when electoral and policy uncertainty occur.
Sign-in/Register to access full text options 
Free) 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a call
