Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
7413403 | Journal of World Business | 2018 | 13 Pages |
Abstract
We investigate the internationalization of firms with ownership links to the state from the perspective of resource dependence theory, and argue that internationalization can reduce dependence on the home country government, but, paradoxically, this strategy also creates additional dependences, shifts the power balance, and provides rationales for increasing government control. Utilizing a 'critical' case - Vale from Brazil - we analyze different conditions that enable greater autonomy for and greater government control over multinational state hybrids in the context of internationalization. We contribute to the international business literature by generating a novel framework that considers the effects of market trends (extractive industry) and non-market trends (home country policies) on the internationalization of state hybrids.
Related Topics
Social Sciences and Humanities
Business, Management and Accounting
Business and International Management
Authors
Suzana B. Rodrigues, Marleen Dieleman,