Purpose: This paper aims to use the institutional and information-processing perspectives to explore their association with between internationalization and the Penrose effect phenomenon for business groups (BGs). Design/methodology/approach: The authors use ordinary least squares regression...

Purpose: Ownership issues are an important feature of corporate governance when firms focus on global expansion in multiple and diverse regions. Drawing on resource dependence theory (RDT), the purpose of this paper is to address the phenomenon regarding the extent to which international market...

This paper examines the effects of the family ownership with respect to the processes of firm internationalization: internationalization pace, internationalization scope, and internationalization rhythm. Using longitudinal data (2000–2008) from 772 publicly listed firms in Taiwan, I find that...

In this paper, we use chief executive officer (CEO) succession events to explore the effects of successor characteristics, including outside succession and differences between a new CEO/existing chairman on changes in the degree of firm internationalisation. In addition, we examine the...

This paper is built upon previous work concerning how three factors—an upper echelon’s compensation, the total compensation level of a chief executive officer (CEO), and compensation gaps between a CEO and a top management team (TMT)—affect a firm’s international expansion level. Using...

Purpose – The purpose of this paper is to draw the perspective of dynamic adjustment costs, the author developed hypotheses regarding the relationships between the internationalization of business groups and first, key leaders of business groups who helped found the groups (i.e. founder-key...

Purpose – The purpose of this paper is to examine the effects of the compensation level and the gap between the chief executive officer (CEO) and the top management team (TMT) with respect to the rhythm of firm internationalization. Design/methodology/approach – The approach takes the form...

Empirical studies show mixed results regarding the relationship between a firm's internationalization and performance. One reason is that these studies used various economic market firms as their research sample. Thus, this study on a firm's internationalization is based on newly industrialized...

We employ both organization theory and economic theory for exploring how the effects of high-discretion organizational slack and low-discretion organizational slack impact the degree of firm's internationalization. We tested hypotheses using longitudinal data (2000-2005) from 179 high-technology...