Firm internationalization, business group diversification and firm performance: The case of Latin American firms

被引:64
作者
Borda, Armando [1 ]
Geleilate, Jose-Mauricio G. [2 ]
Newburry, William [3 ]
Kundu, Sumit K. [4 ]
机构
[1] ESAN Grad Sch Business, Alonso de Molina 1652, Lima 33, Lima, Peru
[2] Univ Massachusetts Lowell, Dept Management, 1 Univ Ave, Lowell, MA 01854 USA
[3] Florida Int Univ, Dept Management & Int Business, MANGO 44711200 SW 8th St, Miami, FL 33199 USA
[4] Florida Int Univ, Dept Management & Int Business, MANGO 448,11200 SW 8 St, Miami, FL 33199 USA
关键词
Business groups; Business diversification; Latin America; Multinationality; Service firms; TRANSACTION-COST-ANALYSIS; ENTRY-MODE CHOICE; GROUP AFFILIATION; GLOBAL STRATEGIES; EMERGING ECONOMY; SERVICE FIRMS; FOREIGN; MULTINATIONALITY; COUNTRY; PERSPECTIVE;
D O I
10.1016/j.jbusres.2016.11.006
中图分类号
F [经济];
学科分类号
02 ;
摘要
We examine the influence of multinationality and business group diversification on firm performance. Further, we examine how their interaction varies between service and manufacturing firms. We assess these relations in three Latin American countries using a sample of 103 firms over the period from 2000 to 2007. We found that there is a limit to the positive effects of business group diversification and that business group diversification effectively moderates the multinationality-performance (M-P) relationship. Our results also suggest that diversified business groups have a stronger positive influence on the M-P relationship for service firms compared to manufacturing firms. (C) 2016 Published by Elsevier Inc.
引用
收藏
页码:104 / 113
页数:10
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