Exploring Firm-Level Antecedents that Drive Motives of Internationalization: A Study of Knowledge Intensive Indian Firms

2020 ◽  
Vol 16 (4) ◽  
pp. 867-906
Author(s):  
Faisal M. Ahsan ◽  
Ashutosh Sinha ◽  
R Srinivasan
Keyword(s):  
Ownership Structure ◽  
Emerging Economy ◽  
Firm Characteristics ◽  
Host Countries ◽  
Firm Level ◽  
Family Control ◽  
Financial Slack ◽  
Knowledge Intensive

ABSTRACTWe study firm level antecedents that drive different motives of internationalization of emerging economy firms. Based on firm's resource based considerations of asset exploitation versus asset augmentation and locational advantages of host countries, we provide a framework to classify the motives of internationalization of emerging economy firms belonging to knowledge intensive industries. Motives of internationalization have been classified into three broad categories – market-seeking, opportunity-seeking, and strategic asset-seeking. We determine motives behind different modes of internationalization – alliances, acquisitions, and greenfield ventures. Drawing upon the adaptability, amalgamation, and ambidexterity (AAA) advantages from the springboard perspective, we find that firm characteristics like R&D investments, availability of financial slack, firm's ownership structure, and family control shape up its motive of internationalization.

scholarly journals Information related service trade within firms: evidence from firm-level data in Germany

2021 ◽  
Author(s):  
Kurt A. Hafner ◽  
Jörn Kleinert
Keyword(s):  
Multinational Firms ◽  
Economies Of Scope ◽  
It Services ◽  
Firm Level ◽  
It Service ◽  
Level Data ◽  
Related Service ◽  
Foreign Affiliates ◽  
Knowledge Intensive ◽  
Parent Companies

AbstractMulti-unit firms have productivity advantages over competitors because of their use of a non-rival asset—firm-specific knowledge—in several units. Using knowledge-intensive services leads to economies of scope in production by multi-unit firms. Such headquarter are usually supplied by parent companies and serve to link different firm units. Headquarter services are difficult to quantify in statistics or surveys, except when they cross-borders and the exchange of services between MNEs and their offshore subsidiaries becomes apparent. This study therefore focuses on IT service imports to explain productivity differences among foreign affiliates of multinational firms in Germany. The authors base the analysis on the population of foreign multinational firms active in Germany and analyze what effect the import of IT services has on their productivity. They find that IT headquarter service flows have significant impacts on foreign affiliates’ productivity in general and US affiliates in particular. As the average IT-service flows (per firm and partner) from parent countries are significantly higher for US affiliates than non-US affiliates, they conclude that the import of IT services from the parent-company is a source of the productivity advantages of US affiliates in Germany.

scholarly journals Firm characteristics, consumption risk, and firm-level risk exposures

2017 ◽  
Vol 125 (2) ◽  
pp. 326-343 ◽  
Author(s):  
Robert F. Dittmar ◽  
Christian T. Lundblad
Keyword(s):  
Firm Characteristics ◽  
Firm Level ◽  
Consumption Risk

The Chief Information Officer and Chief Financial Officer Dyad in the Public Sector: How an Effective Relationship Impacts Individual Effectiveness and Strategic Alignment

2012 ◽  
Vol 27 (1) ◽  
pp. 261-281 ◽  
Author(s):  
Kurt Schobel ◽  
James S. Denford
Keyword(s):  
Strategic Alignment ◽  
Chief Executive ◽  
Chief Information Officer ◽  
Chief Financial Officer ◽  
Firm Level ◽  
For Profit ◽  
Technology Governance ◽  
Information Technology Governance ◽  
Strategic Role ◽  
Knowledge Intensive

ABSTRACT Within the domain of Information Technology Governance (ITG), the study of Chief Information Officer (CIO) relationships has historically focused on the Chief Executive Officer (CEO) and the Top Management Team (TMT). Within knowledge-intensive, publicly funded, and not-for-profit organizations, the specific relationship between the CIO and the Chief Financial Officer (CFO) is a critical pairing, which impacts both individual effectiveness and strategic alignment. Findings from multiple case studies suggest that while the CIO and CFO pair are similar to other TMT relationships in many ways, their perceptions of the other's strategic role within the organization is a key differentiator that can lead to effective or adversarial relationships with individual and firm-level outcomes. The research model in this paper suggests that when the relationship is positive, both individual role effectiveness and strategic alignment improve.

The Firm-Specific Factors Influencing the Tax Haven Operations of Indian Multinationals

2021 ◽  
pp. 001946622110360
Author(s):  
P. Vineeth ◽  
K. B. Nidheesh
Keyword(s):  
Service Sector ◽  
Positive Impact ◽  
Binary Logistic Regression ◽  
Binary Logistic Regression Model ◽  
Firm Level ◽  
Return On Equity ◽  
Factors Influencing ◽  
Tax Haven ◽  
Specific Factors ◽  
Knowledge Intensive

The present study measures the role of firm-specific factors influencing the likelihood of establishing a subsidiary in tax haven countries. The panel data of Indian companies, which have business operations in foreign countries, are used for the study. The firm-level data for the period from 2007 to 2018 are analysed by using binary logistic regression model. The result shows that the intangible assets, long-term debt, number of subsidiaries and service sector dummy have significant and positive impact on tax haven operations of multinational companies, but the experience of the firm and return on equity are insignificant, and a firm’s size deters the likelihood of setting a tax haven subsidiary. The results also show that firms from high-technology manufacturing and knowledge-intensive sector have more influence on the likelihood of owning a tax haven subsidiary by Indian multinationals. JEL Codes: F21, F23, H25, H26

scholarly journals Compliance management in family firms: A systematic literature analysis

2019 ◽  
Vol 17 (1) ◽  
pp. 140-157
Author(s):  
Behringer Stefan ◽  
Ulrich Patrick ◽  
Unruh Anjuli
Keyword(s):  
Family Firms ◽  
Dissemination And Implementation ◽  
Entrepreneurial Firms ◽  
Firm Level ◽  
Family Control ◽  
Compliance Management ◽  
Individual Level ◽  
Economic Role ◽  
Family Enterprises ◽  
Corporate Governance Codes

Family firms play an important economic role in Europe and in the world. The discussion of compliance-relevant issues has long been attributed to capital market-oriented large companies. So far, there have been few findings on the perception, dissemination and implementation of this concept in family businesses. The purpose of this paper is to provide a systematic and iterative literature review of available research on compliance management and corruption in family firms. Thereby a total of 47 articles on the topic were identified. The review acknowledged that Compliance/Corruption is a research topic but not often in the context of family firms. The literature of family enterprises dealt with the influence of family ownership on firms’ non-compliance with corporate governance codes out of the socio-emotional wealth perspective or examined the relationship between family control and young entrepreneurial firms’ bribing behaviour around the globe. Another perspective offers the literature about the agency and stewardship theories and their influence on family firms. Agency and stewardship governance affects individual-level behaviour and firm-level performance in a distinct and combined way. In the business ethics literature a few interesting papers were found, that consider unethical work behaviour or corrupt acts in the context of organizations and family firms. In addition, the analysis of the publications demonstrates the importance of compliance management in all types of companies/SMEs and shows that companies which have integrated compliance management gain a competitive advantage over their competitors. We come to the conclusion that additional empirical research on compliance and corruption in family firms is needed.

Foreign Direct Investment and the Flying Geese Model: Japanese Electronics Firms in Asia-Pacific

2000 ◽  
Vol 32 (2) ◽  
pp. 281-304 ◽  
Author(s):  
David W Edgington ◽  
Roger Hayter
Keyword(s):  
Foreign Direct Investment ◽  
Direct Investment ◽  
Asia Pacific ◽  
Critical Examination ◽  
Host Countries ◽  
Billiard Ball ◽  
Firm Level ◽  
Geographical Patterns ◽  
Japanese Fdi

This paper is a critical examination of the ‘flying geese’ and ‘billiard ball’ models of foreign direct investment (FDI) and their ability to explain the spatial expansion of Japanese electronics multinationals (MNCs) in Asia-Pacific countries from 1985 to 1996. Data on Japanese FDI are analyzed in this region at the aggregate, sectoral, and firm level. The paper commences with a review of the flying geese model, especially that version which interprets Japanese FDI as a catalyst for Asian development, and the billiard ball metaphor which suggests a mechanism for host countries to ‘catch up’ with Japan. The authors then turn to an analysis of Japanese FDI in Asia-Pacific together with employment data for fourteen major firms. This allows an evaluation of the two models in terms of recent geographical patterns of investment and employment growth by electronics MNCs. A special case study of Matsushita Electric Industrial Co. Ltd (MEI) helps flesh out the evolving geography of Japanese electronics firms in Asia-Pacific. Although the results support the overall patterns suggested by the two models, the authors argue that metaphors and analogies such as flying geese and billiard balls should not be used casually and as a substitute for analysis.

Does Ownership Structure Influence Bank Performance?: Evidence from an Emerging Economy

2018 ◽  
Vol 17 (2_suppl) ◽  
pp. S282-S297 ◽  
Author(s):  
Brijesh K Mishra ◽  
L. V. Ramana
Keyword(s):  
Data Analysis ◽  
Panel Data ◽  
Ownership Structure ◽  
Commercial Banks ◽  
Panel Data Analysis ◽  
Emerging Economy ◽  
Bank Performance ◽  
Return On Assets ◽  
Net Interest Margin ◽  
Interest Margin

Banks’ ownership and their performance form two important dimensions of the entire gamut of banking function. This article strives to establish a link between the two by studying commercial banks in India. Conducting a panel data analysis of 89 commercial banks over the period from 2008–2009 to 2012–2013, one could observe that ownership indeed mattered when net interest margin (NIM) or per-employee profitability was considered, but when return on assets (ROA) was considered, there was not much of a difference among banks when differentiated on ownership basis.

Determinants of corporate social and environmental voluntary disclosure in Saudi listed firms

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Helmi A. Boshnak
Keyword(s):  
Corporate Governance ◽  
Firm Size ◽  
Ownership Structure ◽  
Voluntary Disclosure ◽  
Firm Characteristics ◽  
Content Type ◽  
Listed Firms ◽  
Corporate Social ◽  
The Impact ◽  
Ifrs Implementation

Purpose This paper aims to examine firm characteristics and ownership structure determinants of corporate social and environmental voluntary disclosure (CSEVD) practices in Saudi Arabia to address the paucity of research in this field for Saudi listed firms. Design/methodology/approach The paper uses manual content and regression analyses for online annual report data for Saudi non-financial listed firms over the period 2016–2018 using CSEVD items drawing on global reporting initiative-G4 guidelines. Findings Models show that Saudi firm CSEVD has increased over time compared to previous studies to an average of 68% disclosure due to new corporate governance regulations and IFRS implementation. The models show that firm size, leverage, manufacturing industry type and government ownership are positive determinants of CSEVD, while family ownership is the negative driver of CSEVD. However, firm profitability, audit firm size, firm age and institutional ownership have no impact on the level of CSEVD. Originality/value Using legitimacy and stakeholder theories, the paper determines the influence of firm characteristics and ownership structure on CSEVD, identifying implications for firm stakeholders and providing some evidence on the impact of corporate governance regulation and IFRS implementation on such disclosure. The paper provides additional evidence on progress towards Saudi’s Vision 2030.

Women’s Work in Fragile States: Evidence from a Firm-Level Dataset in Somaliland

2018 ◽  
Vol 26 (3) ◽  
pp. 419-443
Author(s):  
Jami Nelson-Nuñez ◽  
Christopher Cyr
Keyword(s):  
Economic Growth ◽  
Labor Markets ◽  
Developing World ◽  
Gender Inequalities ◽  
Fragile States ◽  
Firm Characteristics ◽  
Access To Services ◽  
Firm Level ◽  
State Fragility ◽  
Limited Access

Abstract What explains variation in women’s employment in fragile states with conflict-affected histories and limited state capacity? Employment builds stability and including women in labor markets can yield peace dividends. We use data from a firm-level survey in Somaliland, a de facto state in northern Somalia, to investigate why some firms employ more women than others. We analyze firm characteristics affected by state fragility and conflict, including female firm ownership, diaspora ownership and management, and limited access to services. This research contributes to our understanding of economic growth in fragile contexts and identifies opportunities to address gender inequalities in the developing world.

scholarly journals A Taxonomy of Eco-Innovation Types in SMEs: Exploring Different Firm Profiles in the Canadian Wine Industry

2019 ◽  
Vol 11 (20) ◽  
pp. 5776 ◽  
Author(s):  
David Doloreux ◽  
Luisa Kraft
Keyword(s):  
Wine Industry ◽  
Firm Characteristics ◽  
Firm Level ◽  
Fully Integrated ◽  
Level Data ◽  
Firm Level Data ◽  
Innovation Strategies ◽  
Process Oriented

The paper examines eco-innovation strategies in the Canadian wine industry. It uses firm-level data of 151 wine firms that developed eco-innovations between 2015 and 2017 to build a taxonomy of four eco-innovation strategies: (i) eco-innovation laggers, (ii) product-oriented eco-innovators, (iii) process-oriented eco-innovators, and (iv) fully integrated eco-innovators. We then characterize these eco-innovation strategies with respect to firm-level innovation capabilities, firms’ knowledge openness, and firms’ specific characteristics. The results reveal heterogeneity in eco-innovation strategies and show that these strategies exhibit different configurations of innovation-related conditions and firm characteristics.

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