ABSTRACT Institutional distance (ID) has come to be a key concept in understanding the determinant factors of the performance of a multinational company’s (MNC) subsidiaries in emerging economies. How
The profit of Picnic fluctuated between 536 thousand and 1.35 million euros over the period from 2017 to 2019. In 2022, the Finnish coffee chain made a profit loss of 1.41 million euros.Picnic Oy is a
