Does internationalisation give firms a second life? Evidence from turnaround attempts of declining firms during performance decline

被引：1

作者：

Liang, Xin ^{[1
]}

Zhou, Rongji ^{[2
]}

Yan, Jugang ^{[3
]}

Wu, Sibin ^{[4
]}

机构：

[1] Univ Minnesota Duluth, Labovitz Sch Business & Econ, 412 Lib Dr, Duluth, MN 55812 USA

[2] Hengyang Normal Univ, Hengyang, Hunan, Peoples R China

[3] Xian Univ Posts & Telecommun, Xian, Shaanxi, Peoples R China

[4] Univ Texas Rio Grande Valley, Robert C Vackar Coll Business & Entrepreneurship, Dept Management, 1201 W Univ Dr, Edinburg, TX 78541 USA

来源：

EUROPEAN JOURNAL OF INTERNATIONAL MANAGEMENT | 2023年 / 20卷 / 02期

关键词：

turnaround; internationalisation operation; strategic option; REAL OPTIONS; ORGANIZATIONAL DECLINE; DOWNSIDE RISK; KNOWLEDGE; MULTINATIONALITY; STRATEGY; FLEXIBILITY; DIVERSIFICATION; CAPABILITIES; EXPANSION;

D O I：

10.1504/EJIM.2023.131369

中图分类号：

C93 [管理学];

学科分类号：

12 ; 1201 ; 1202 ; 120202 ;

摘要：

Based upon a sample of 97 US public firms that attempted turnaround from performance decline, we tested the influence of internationalisation on the outcomes of turnaround attempts of firms. We found that internationalised firms had a better chance to recover from performance decline than their domestic counterparts. In addition, the greater the degree of internationalisation, the better chance a firm would recover from performance drop. The chances of recovery do not demonstrate a tendency to decrease even as a firm moves into very high stages of internationalisation.

引用

页码：216 / 237

页数：23

共 8 条

[1] When does absorptive capacity matter for international performance of firms? Evidence from China
Wu, Aiqi
Voss, Hinrich
INTERNATIONAL BUSINESS REVIEW, 2015, 24 (02) : 344 - 351
[2] Does external technology acquisition determine export performance? Evidence from Chinese manufacturing firms
Wang, Yuandi
Cao, Wei
Zhou, Zhao
Ning, Lutao
INTERNATIONAL BUSINESS REVIEW, 2013, 22 (06) : 1079 - 1091
[3] Does corporate sustainability performance affect sales performance? Empirical evidence from Indian firms
Mal, Hoshiar
Kaushik, Arun Kumar
Varma, Manishkumar
JOURNAL OF STRATEGIC MARKETING, 2024, 32 (05) : 622 - 643
[4] Innovators' 'imitation': whether and how does reactive search affect the performance of incumbent firms? Evidence from China
Guo, Yanting
Deng, Wanru
Hu, Shan
Zheng, Gang
INTERNATIONAL JOURNAL OF TECHNOLOGY MANAGEMENT, 2022, 90 (3-4) : 216 - 242
[5] The impact of operating flexibility on firms ' performance during the COVID-19 outbreak: Evidence from China
Liu, Hao
Yi, Xingjian
Yin, Libo
FINANCE RESEARCH LETTERS, 2021, 38
[6] How does technology catch-up experience affect innovation performance of latecomer firms?: Evidence from the Korea pharmaceutical industry
Min, Byungjun
Kim, Yujin
Song, Jaeyong
ASIAN JOURNAL OF TECHNOLOGY INNOVATION, 2024, 32 (03) : 652 - 671
[7] Does the Choice of IJV under Institutional Duality Promote the Innovation Performance of Chinese Manufacturing Firms? Evidence from Listed Chinese Manufacturing Companies
Wu, Chong
Bo, Siyi
Wan, Xing
Ji, Min
Chen, Meihua
Zhang, Shifan
SUSTAINABILITY, 2020, 12 (17)
[8] Does intellectual capital efficiency explain corporate social responsibility engagement-firm performance relationship? Evidence from environmental, social and governance performance of US listed firms
Shahzad, Faisal
Baig, Mushahid Hussain
Rehman, Ijaz Ur
Saeed, Asif
Asim, Ghazanfar Ali
BORSA ISTANBUL REVIEW, 2022, 22 (02) : 295 - 305

← 1 →