Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
7413289 | Journal of World Business | 2018 | 17 Pages |
Abstract
Motivated by the growth and internationalization of business groups, this paper reviews the business group literature and presents a future research agenda, highlighting their implications for international strategy. The paper identifies theoretical tensions and empirical ambiguities around three key business group features-corporate governance, internal markets, and corporate strategy-and three key outcome variables-performance, economic impact, and innovation-that have generated significant debate. We conclude with three methodological concerns relevant to these debates: generalizing business group research across countries, endogeneity in business group research, and performance measurement in business groups.
Keywords
Related Topics
Social Sciences and Humanities
Business, Management and Accounting
Business and International Management
Authors
R. Michael Jr., Robert E. Hoskisson, Hicheon Kim, William P. Wan, Tim R. Holcomb,