Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
1001475 | International Business Review | 2007 | 15 Pages |
Abstract
One of the key decisions in the internationalisation process of hotel firms is the choice of the entry mode into a foreign country. Many different factors influence this strategic decision. From a sample of 127 entries carried out by Spanish hotel firms between 2001 and 2003, this study provides new empirical evidence that cultural distance reduces the likelihood of choosing equity entry modes, while firm profitability and internal financial funds availability favour the assumption of greater commitment in the international expansion process.
Keywords
Related Topics
Social Sciences and Humanities
Business, Management and Accounting
Business and International Management
Authors
Diego Quer, Enrique Claver, Rosario Andreu,