Search results for "internationalization"
showing 10 items of 268 documents
Globalization of Monitoring Practices: The Case of American Influences on the Dismissal Risk of European CEOs
2013
Accepted version of an article from the Journal of Economics and Business This study examines globalization of monitoring practices by focusing on how American (U.S.) influences on European firms impact the dismissal risk for these firms' CEOs. Specifically, we argue that the stronger short term orientation of the American corporate governance system increase the dismissal performance sensitivity faced by European CEOs, indirectly and directly. The former materializes via European firms cross-listing on U.S. exchanges, the latter results from European firms hiring U.S. independent board members. Both influences are expected to result in increased dismissal performance sensitivity. Based on …
Management Control Systems and ISO Certification as Resources to Enhance Internationalization and Their Effect on Organizational Performance
2012
There has been a general consensus in recent literature that internationalization is a key success factor in the competitive business environment we now live in. Using a sample of Spanish agri-food companies, the main objective of this research is to determine the linkage of Management Control Systems (MCS), ISO certifications, internationalization and performance. The results obtained reveal, as expected, that internationalization has a direct and positive relationship with organizational performance. In addition, we find that both the use of MCS and the deployment of ISO certification positively influence companies' level of internationalization. Nevertheless, our findings clearly indicat…
Family firm prerequisites for international business operations: a production and marketing capabilities approach
2014
The purpose of this study is to compare SME family firms’ and non-family firms’ organisational prerequisites for international business operations. The main focus lies in the production and marketing capabilities needed for conducting international business. A quantitative study was conducted in Finland. A random sampling was done by utilising the database of the Confederation of Finnish Industries (EK). A sample of 2,000 firms was gathered from the target population, EK database, which consisted of 16,000 firms. The answer rate for the study was 28%. All together, 555 firms answered the mail survey. Three hundred thirty three respondents were coming from family firms and 222 replies repres…
Explaining the internationalization of ibusiness firms
2015
Information and communication technologies have given rise to a new type of firm, the ibusiness firm. These firms offer a platform that allows users to interact with each other and generate value through user co-creation of content. Because of this, ibusiness firms face different challenges when they internationalize compared with traditional firms, even those online. In this article we extend existing internationalization theory to encompass this new type of organization. We theorize that because ibusiness firms produce value through the creation and coordination of a network of users, these firms tend to suffer greater liabilities of outsidership when expanding abroad and therefore concen…
LA ESTRATEGIA DE OUTSOURCING INTERNACIONAL EN ESPAÑA: UNA APROXIMACIÓN A LOS SECTORES MANUFACTUREROS TRADICIONALES
2009
RESUMENEn los últimos años el uso por parte de las empresas de la estrategia de outsourcing en sus dos vertientes (nacional e internacional)1 está siendo una práctica habitual en los países desarrollados, especialmente en los sectores manufactureros tradicionales. Dado el desarrollo experimentado y las implicaciones técnico-productivas y sociales que se derivan de su implementación, en este trabajo analizamos cuál ha sido la tendencia de esa estrategia en estos sectores durante el periodo 1985-2004 y contrastamos qué relación existe entre ésta y dos de sus principales factores determinantes: el tamaño y la experiencia internacional. De los resultados más generales se desprende que el outsou…
On the Internationalization of Corporate Boards
2013
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 presumably to the monitoring rather than advisory functions. The international experience of the nationals covaries with foreign sales, and increases with the share of foreign directors. Thu…
INTERNATIONALIZATION STRATEGIES IN OLIGOPOLY WITH HETEROGENEOUS FIRMS
2016
This paper examines the foreign direct investment (FDI) versus exports decision of foreign oligopolistic firms under cost heterogeneity. An additional motivation for firms to invest abroad is the technological sourcing via spillovers, which flow from the host more efficient firm to foreign less advantaged firms. For intermediate values of the set-up costs associated with FDI entry, it is shown that foreign firms choose opposite entry strategies. An equilibrium where the less efficient foreign firm exports whereas the more efficient invests is more likely to happen when foreign firms become more heterogeneous, the larger the trade costs and not too big oligopolistic profitability. Interestin…
Economic and normative pressures as drivers for the adoption of International Accounting Standards in Finland since 1976
2005
This paper deals with the internationalisation of Finnish business life and the attempts to introduce and apply international accounting standards (IASs) in Finnish accounting practice before the latest developments at the EU level in 2002. The internationalisation of business life creating economic pressures for changes is illustrated. Analysis of four accounting issues is made in order to exemplify how IASs have affected Finnish accounting legislation and practice. The results of the analysis indicate that the effect of IASs has been notable but secondary because of the implementation of the EU Directives in Finnish accounting legislation in the 1990s. IASs have not caused any drastic cha…
Student Mobility as a Strategy of Increasing Competitiveness on the Global Labor Market – An Attempt to Diagnose Educational Mobility: The Case of Po…
2022
PURPOSE: The aim of the article is the identification and the assessment of the state, and the conditions for the participation of higher education units in Poland in the process of educational mobility in terms of the competitiveness of graduates.