Business scholars explore the impact of distance on international trade from the perspectives of the concept of distance, the cost of cultural and psychic distance, the cost of institutional distance, the value of distance, and alternative lenses for international business research. Among their topics are institutional overlap as a basis for international business, why psychic distance inhibits international buyer-supplier relationships, equity commitment in cross-border acquisitions: the influence of distance and organizational resources, when distance is good: an upper-echelon perspective on the role of distance in internationalization, and domestic alliance formation and the foreign divestment decisions of firms.