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While publications on the regional nature of multinational enterprises (MNEs) have sparked a lively debate about the nature and measurement of regionalization and (semi)globalization, and performance implications are starting to be addressed, the broader societal and sustainability dimensions have received limited attention so far. Likewise, international business research on these issues have generally not considered regionalization and its consequences. This paper extends insights from thedoi:10.1108/1525383x201000003 fatcat:eae6knpyxfbvflscabzligr3yq