From Global Firms to Global Boards?

Preprint of published version of an article from Journal of International Business Studies with the title: "On the internationalization of corporate boards: the case of Nordic firms" This study investigates the internationalization of corporate boards, using a sample of 346 non-financial listed Nordic firms during 2001-2008. Given a high level of international activity, these firms have surprisingly few foreign directors. The picture of international expertise changes considerably, however, if we also count the international experience of national directors. The percentage of foreign directors is related primarily to financial internationalization rather than foreign sales, and thus presuma…