Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5107174 | Journal of World Business | 2016 | 13 Pages |
Abstract
This study examines the relationship between firm multinationality and financial performance with a focus on firm-specific assets and dispersion of these assets for MNCs from emerging markets. Drawing upon internalization theory, the authors reveal that while the financial performance of manufacturing MNCs depends on technological assets, service MNCs are more dependent on marketing assets to succeed in international markets. Study findings further emphasize the critical role of the industry context in emerging markets as the authors demonstrate that international asset dispersion weakens the effects of internationalization on financial performance more for MNCs in manufacturing industries than for MNCs in services.
Related Topics
Social Sciences and Humanities
Business, Management and Accounting
Business and International Management
Authors
Ahmet H. Kirca, Whitney Douglas Fernandez, Sumit K. Kundu,