The role of firm ownership on internationalization: evidence from two transition economies
Author
Abstract
Suggested Citation
DOI: 10.1007/s10997-009-9112-y
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Irena Grosfeld & Iraj Hashi, 2007.
"Changes in Ownership Concentration in Mass Privatised Firms: evidence from Poland and the Czech Republic,"
Corporate Governance: An International Review, Wiley Blackwell, vol. 15(4), pages 520-534, July.
- Irena Grosfeld & Iraj Hashi, 2007. "Changes in ownership concentration in mass privatizd firms: Evidence from Poland and the Czech Republic," PSE-Ecole d'économie de Paris (Postprint) halshs-00754216, HAL.
- Irena Grosfeld & Iraj Hashi, 2007. "Changes in ownership concentration in mass privatizd firms: Evidence from Poland and the Czech Republic," Post-Print halshs-00754216, HAL.
- Simeon Djankov & Peter Murrell, 2002.
"Enterprise Restructuring in Transition: A Quantitative Survey,"
Journal of Economic Literature, American Economic Association, vol. 40(3), pages 739-792, September.
- Djankov, Simeon & Murrell, Peter, 2002. "Enterprise Restructuring in Transition: A Quantitative Survey," CEPR Discussion Papers 3319, C.E.P.R. Discussion Papers.
- Filatotchev, Igor & Wright, Mike & Uhlenbruck, Klaus & Tihanyi, Laszlo & Hoskisson, Robert E., 2003. "Governance, organizational capabilities, and restructuring in transition economies," Journal of World Business, Elsevier, vol. 38(4), pages 331-347, November.
- David J. Denis & Diane K. Denis & Keven Yost, 2002. "Global Diversification, Industrial Diversification, and Firm Value," Journal of Finance, American Finance Association, vol. 57(5), pages 1951-1979, October.
- Krugman, Paul, 1979. "A Model of Innovation, Technology Transfer, and the World Distribution of Income," Journal of Political Economy, University of Chicago Press, vol. 87(2), pages 253-266, April.
- Jan Johanson & Jan-Erik Vahlne, 1977. "The Internationalization Process of the Firm—A Model of Knowledge Development and Increasing Foreign Market Commitments," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 8(1), pages 23-32, March.
- Saul Estrin & Jan Hanousek & Evzen Kocenda & Jan Svejnar, 2009.
"The Effects of Privatization and Ownership in Transition Economies,"
Journal of Economic Literature, American Economic Association, vol. 47(3), pages 699-728, September.
- Estrin, Saul & Hanousek, Jan & Kocenda, Evzen & Svejnar, Jan, 2009. "Effects of privatization and ownership in transition economies," Policy Research Working Paper Series 4811, The World Bank.
- Zulima Fernández & María Jesús Nieto, 2006. "Impact of ownership on the international involvement of SMEs," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 37(3), pages 340-351, May.
- Polona Domadenik & Janez Prašnikar & Jan Svejnar, 2008. "Restructuring of firms in transition: ownership, institutions and openness to trade," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 39(4), pages 725-746, June.
- Derek C. Jones & Niels Mygind, 2000. "The effects of privatization on productive efficiency: evidence from the Baltic republics," Annals of Public and Cooperative Economics, Wiley Blackwell, vol. 71(3), pages 415-439, September.
- Mike W. Peng, 2004. "Outside directors and firm performance during institutional transitions," Strategic Management Journal, Wiley Blackwell, vol. 25(5), pages 453-471, May.
- Bernard, Andrew B. & Bradford Jensen, J., 1999.
"Exceptional exporter performance: cause, effect, or both?,"
Journal of International Economics, Elsevier, vol. 47(1), pages 1-25, February.
- Andrew B. Bernard & J. Bradford Jensen, 1997. "Exceptional Exporter Performance: Cause, Effect, or Both?," NBER Working Papers 6272, National Bureau of Economic Research, Inc.
- Bernard, A., 1997. "Exceptional Exporter Performance: Cause, Effect, or Both?," Working papers 97-21, Massachusetts Institute of Technology (MIT), Department of Economics.
- M. Pagano & P. F. Volpin, 2005.
"Managers, Workers, and Corporate Control,"
Journal of Finance, American Finance Association, vol. 60(2), pages 841-868, April.
- Marco Pagano & Paolo Volpin, 2001. "Managers, Workers, and Corporate Control," CSEF Working Papers 75, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy, revised 09 Jan 2004.
- Pagano, Marco & Volpin, Paolo, 2002. "Managers, Workers and Corporate Control," CEPR Discussion Papers 3649, C.E.P.R. Discussion Papers.
- Derek C. Jones & Niels Mygind, 2002.
"Ownership and Productive Efficiency: Evidence from Estonia,"
Review of Development Economics, Wiley Blackwell, vol. 6(2), pages 284-301, June.
- Derek C. Jones & Niels Mygind, 2001. "Ownership and Productive Efficiency: Evidence from Estonia," William Davidson Institute Working Papers Series 385, William Davidson Institute at the University of Michigan.
- MATIJA ROJEC & JOŽE P. DAMIJAN & BORIS MAJCEN, 2004. "Export Propensity of Estonian and Slovenian Manufacturing Firms : Does Foreign Ownership Matter?," Eastern European Economics, Taylor & Francis Journals, vol. 42(4), pages 33-54, July.
- Stephen Roper & James H. Love & Dolores Añon Hígon, 2006. "The Determinants Of Export Performance: Evidence For Manufacturing Plants In Ireland And Northern Ireland," Scottish Journal of Political Economy, Scottish Economic Society, vol. 53(5), pages 586-615, November.
- Simeon Djankov, 1999. "The restructuring of insider‐dominated firms: A comparative analysis," The Economics of Transition, The European Bank for Reconstruction and Development, vol. 7(2), pages 467-479, July.
- Jones, Derek C. & Mygind, Niels, 1999. "The Nature and Determinants of Ownership Changes after Privatization: Evidence from Estonia," Journal of Comparative Economics, Elsevier, vol. 27(3), pages 422-441, September.
- Andrew B. Bernard & J. Bradford Jensen, 2004.
"Why Some Firms Export,"
The Review of Economics and Statistics, MIT Press, vol. 86(2), pages 561-569, May.
- Andrew B. Bernard & J. Bradford Jensen, 2001. "Why Some Firms Export," NBER Working Papers 8349, National Bureau of Economic Research, Inc.
- J Bradford Jensen & Andrew B Bernard, 2001. "Why Some Firms Export," Working Papers 01-05, Center for Economic Studies, U.S. Census Bureau.
- Simeon Djankov, 1999.
"Ownership Structure and Enterprise Restructuring in Six Newly Independent States,"
Comparative Economic Studies, Palgrave Macmillan;Association for Comparative Economic Studies, vol. 41(1), pages 75-95, April.
- Djankov, Simeon, 1999. "Ownership structure and enterprise restructuring in six newly independent states," Policy Research Working Paper Series 2047, The World Bank.
- Svante Andersson, 2000. "The Internationalization of the Firm from an Entrepreneurial Perspective," International Studies of Management & Organization, Taylor & Francis Journals, vol. 30(1), pages 63-92, March.
- Stan D Reid, 1981. "The Decision-Maker and Export Entry and Expansion," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 12(2), pages 101-112, June.
- T. Buck & I. Filatotchev & N. demina & M. Wright, 2000. "Exporting Activity in Transitional Economies: An Enterprise-Level Study," Journal of Development Studies, Taylor & Francis Journals, vol. 37(2), pages 44-66.
- T Buck & I Filatotchev & N Demina & M Wright, 2003. "Insider ownership, human resource strategies and performance in a transition economy," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 34(6), pages 530-549, November.
- Igor Filatotchev & Johannes Stephan & Björn Jindra, 2008. "Ownership structure, strategic controls and export intensity of foreign-invested firms in transition economies," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 39(7), pages 1133-1148, October.
- Igor Filatotchev & Natalya Dyomina & Mike Wright & Trevor Buck, 2001. "Effects of Post-Privatization Governance and Strategies on Export Intensity in the Former Soviet Union," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 32(4), pages 853-871, December.
- Igor Filatotchev & Natalia Isachenkova & Tomasz Mickiewicz, 2007.
"Corporate Governance, Managers' Independence, Exporting, and Performance of Firms in Transition Economies,"
Emerging Markets Finance and Trade, Taylor & Francis Journals, vol. 43(5), pages 62-77, October.
- Igor Filatotchev & Natalia Isachenkova & Tomasz Mickiewicz, 2005. "Corporate Governance, Managers??? Independence, Exporting And Performance Of Firms In Transition Economies," William Davidson Institute Working Papers Series wp805, William Davidson Institute at the University of Michigan.
- Igor Filatotchev & Natalia Isachenkova & Tomasz Mickiewicz, 2006. "Corporate governance, managers' independence, exporting and performance of firms in transition economies," UCL SSEES Economics and Business working paper series 62, UCL School of Slavonic and East European Studies (SSEES).
- Janez Prasnikar & Jan Svejnar, 1991. "Workers' Participation in Management vs. Social Ownership and Government Policies: Yugoslav Lessons for Transforming Socialist Economies*," Comparative Economic Studies, Palgrave Macmillan;Association for Comparative Economic Studies, vol. 33(4), pages 27-45, December.
- Denis, David J & Denis, Diane K & Sarin, Atulya, 1997. "Agency Problems, Equity Ownership, and Corporate Diversification," Journal of Finance, American Finance Association, vol. 52(1), pages 135-160, March.
- Aw, Bee Yan & Chung, Sukkyun & Roberts, Mark J, 2000. "Productivity and Turnover in the Export Market: Micro-level Evidence from the Republic of Korea and Taiwan (China)," The World Bank Economic Review, World Bank, vol. 14(1), pages 65-90, January.
- Blanchard, O. & Aghion, P., 1996. "On insider privatization," European Economic Review, Elsevier, vol. 40(3-5), pages 759-766, April.
- John H Dunning, 1988. "The Eclectic Paradigm of International Production: A Restatement and Some Possible Extensions," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 19(1), pages 1-31, March.
- Igor Filatotchev & Mike Wright & Michael Bleaney, 1999. "Privatization, insider control and managerial entrenchment in Russia," The Economics of Transition, The European Bank for Reconstruction and Development, vol. 7(2), pages 481-504, July.
- Ljubica KneževiÄ Cvelbar & Polona Domadenik & Janez PraÅ¡nikar, 2008. "Performance, Ownership, and Management Turnover in Privatized Slovenian Companies," Eastern European Economics, Taylor & Francis Journals, vol. 46(4), pages 75-89, July.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Ilhan-Nas, Tulay & Okan, Tarhan & Tatoglu, Ekrem & Demirbag, Mehmet & Glaister, Keith W., 2018. "The effects of ownership concentration and institutional distance on the foreign entry ownership strategy of Turkish MNEs," Journal of Business Research, Elsevier, vol. 93(C), pages 173-183.
- Ichiro IWASAKI & Satoshi MIZOBATA, 2018.
"Post-Privatization Ownership And Firm Performance: A Large Meta-Analysis Of The Transition Literature,"
Annals of Public and Cooperative Economics, Wiley Blackwell, vol. 89(2), pages 263-322, June.
- Ichiro Iwasaki & Satoshi Mizobata, 2017. "Post-Privatization Ownership and Firm Performance: A Large Meta-Analysis of the Transition Literature," KIER Working Papers 966, Kyoto University, Institute of Economic Research.
- Iwasaki, Ichiro & Mizobata, Satoshi, 2017. "Post-Privatization Ownership and Firm Performance: A Large Meta-Analysis of the Transition Literature," CEI Working Paper Series 2016-13, Center for Economic Institutions, Institute of Economic Research, Hitotsubashi University.
- Stephanie E. Mansion & Andreas Bausch, 2020. "Intangible assets and SMEs’ export behavior: a meta-analytical perspective," Small Business Economics, Springer, vol. 55(3), pages 727-760, October.
- Wu, Hang & Chen, Jin & Jiao, Hao, 2016. "Dynamic capabilities as a mediator linking international diversification and innovation performance of firms in an emerging economy," Journal of Business Research, Elsevier, vol. 69(8), pages 2678-2686.
- Črt Kostevc, 2022.
"Ownership structure and firm export performance: evidence from Slovenian microdata,"
Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 49(1), pages 155-187, February.
- Kostevc, Crt, 2015. "Ownership structure and firm export performance. Evidence from Slovenian microdata," Working Paper Series in Economics and Institutions of Innovation 410, Royal Institute of Technology, CESIS - Centre of Excellence for Science and Innovation Studies.
- Asmund Rygh & Gabriel R. G. Benito, 2022. "Governmental goals and the international strategies of state-owned multinational enterprises: a conceptual discussion," Journal of Management & Governance, Springer;Accademia Italiana di Economia Aziendale (AIDEA), vol. 26(4), pages 1155-1181, December.
- Olawoyin Gregory Adedigba & Runhui Lin & Nizam Ud Din, 2020. "The degree of internationalization of Chinese Multinationals along the belt and road initiative countries," PLOS ONE, Public Library of Science, vol. 15(7), pages 1-22, July.
- Ipsmiller, Edith & Dikova, Desislava, 2021. "Internationalization from Central and Eastern Europe: A systematic literature review," Journal of International Management, Elsevier, vol. 27(4).
- Andrei Panibratov & Daria Klishevich, 2023. "Emerging market state-owned multinationals: a review and implications for the state capitalism debate," Asian Business & Management, Palgrave Macmillan, vol. 22(1), pages 84-117, February.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Bersant Hobdari, 2008. "Insider Ownership and Capital Constraints: An Empirical Investigation of the Credit Rationing Hypothesis in Estonia," Corporate Governance: An International Review, Wiley Blackwell, vol. 16(6), pages 536-549, November.
- Ichiro IWASAKI & Satoshi MIZOBATA, 2018.
"Post-Privatization Ownership And Firm Performance: A Large Meta-Analysis Of The Transition Literature,"
Annals of Public and Cooperative Economics, Wiley Blackwell, vol. 89(2), pages 263-322, June.
- Ichiro Iwasaki & Satoshi Mizobata, 2017. "Post-Privatization Ownership and Firm Performance: A Large Meta-Analysis of the Transition Literature," KIER Working Papers 966, Kyoto University, Institute of Economic Research.
- Iwasaki, Ichiro & Mizobata, Satoshi, 2017. "Post-Privatization Ownership and Firm Performance: A Large Meta-Analysis of the Transition Literature," CEI Working Paper Series 2016-13, Center for Economic Institutions, Institute of Economic Research, Hitotsubashi University.
- Rodríguez-Pose, Andrés & Tselios, Vassilis & Winkler, Deborah & Farole, Thomas, 2013.
"Geography and the Determinants of Firm Exports in Indonesia,"
World Development, Elsevier, vol. 44(C), pages 225-240.
- RodrÃguez-Pose, Andrés & Tselios, Vassilis & Winkler, Deborah & Farole, Thomas, 2013. "Geography and the Determinants of Firm Exports in Indonesia," CEPR Discussion Papers 9342, C.E.P.R. Discussion Papers.
- Oesterle, Michael-Jörg & Richta, Hannah Noriko & Fisch, Jan Hendrik, 2013. "The influence of ownership structure on internationalization," International Business Review, Elsevier, vol. 22(1), pages 187-201.
- Zorica Kalezić, 2015. "Ownership Concentration and Firm Performance in Transition Economies: Evidence from Montenegro," Journal of Central Banking Theory and Practice, Central bank of Montenegro, vol. 4(3), pages 5-64.
- Massini, Silvia & Piscitello, Lucia & Shevtsova, Yevgeniya, 2023. "The complementarity effect of exporting, importing and R&D on the productivity of Ukrainian MNEs," International Business Review, Elsevier, vol. 32(3).
- Martijn Boermans & Hein Roelfsema, 2015.
"The Effects of Internationalization on Innovation: Firm-Level Evidence for Transition Economies,"
Open Economies Review, Springer, vol. 26(2), pages 333-350, April.
- M.A. Boermans & H.J. Roelfsema, 2012. "The Effects of Internationalization on Innovation: Firm-Level Evidence for Transition Economies," Working Papers 12-04, Utrecht School of Economics.
- Sprenger, Carsten, 2011. "The choice of ownership structure: Evidence from Russian mass privatization," Journal of Comparative Economics, Elsevier, vol. 39(2), pages 260-277, June.
- Richard Harris & John Moffat, 2011.
"R&D, Innovation and Exporting,"
SERC Discussion Papers
0073, Centre for Economic Performance, LSE.
- Harris, Richard & Moffat, John, 2011. "R&D, innovation and exporting," LSE Research Online Documents on Economics 33593, London School of Economics and Political Science, LSE Library.
- Derek Jones & Panu Kalmi & Niels Mygind, 2005.
"Choice of Ownership Structure and Firm Performance: Evidence from Estonia,"
Post-Communist Economies, Taylor & Francis Journals, vol. 17(1), pages 83-107.
- Jones, Derek C. & Kalmi, Panu & Mygind, Niels, 2003. "Choice of ownership structure and firm performance: Evidence from Estonia," BOFIT Discussion Papers 7/2003, Bank of Finland Institute for Emerging Economies (BOFIT).
- Derek C. Jones & Panu Kalmi & Niels Mygind, 2003. "Choice of ownership structure and firm performance: Evidence from Estonia," Macroeconomics 0305008, University Library of Munich, Germany.
- Derek C. Jones & Panu Kalmi & Niels Mygind, 2003. "Choice of Ownership Structure and Firm Performance: Evidence from Estonia," William Davidson Institute Working Papers Series 2003-560, William Davidson Institute at the University of Michigan.
- Alvaro Cuervo-Cazurra & Luis Alfonso Dau, 2009. "Structural Reform and Firm Exports," Management International Review, Springer, vol. 49(4), pages 479-507, September.
- Tomasz Mickiewicz, 2009.
"Hierarchy of governance institutions and the pecking order of privatisation: Central-Eastern Europe and Central Asia reconsidered,"
Post-Communist Economies, Taylor & Francis Journals, vol. 21(4), pages 399-423.
- Tomasz Marek Mickiewicz, 2008. "Hierarchy of Governance Institutions and the Pecking Order of Privatisation: Central-Eastern Europe and Central Asia Reconsidered," UCL SSEES Economics and Business working paper series 90, UCL School of Slavonic and East European Studies (SSEES), revised Jul 2009.
- Alexander Eickelpasch & Alexander Vogel, 2010.
"Determinants of the export behaviour of German business services companies,"
The Service Industries Journal, Taylor & Francis Journals, vol. 31(4), pages 513-526, May.
- Alexander Eickelpasch & Alexander Vogel, 2009. "Determinants of Export Behaviour of German Business Services Companies," Discussion Papers of DIW Berlin 876, DIW Berlin, German Institute for Economic Research.
- Alexander Eickelpasch & Alexander Vogel, 2009. "Determinants of Export Behaviour of German Business Services Companies," Working Paper Series in Economics 123, University of Lüneburg, Institute of Economics.
- Ricardo A. López, 2009. "Do Firms Increase Productivity in Order to Become Exporters?," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 71(5), pages 621-642, October.
- Iwasaki, Ichiro & Ma, Xinxin & Mizobata, Satoshi, 2020.
"Corporate ownership and managerial turnover in China and Eastern Europe: A comparative meta-analysis,"
Journal of Economics and Business, Elsevier, vol. 111(C).
- Iwasaki, Ichiro & Ma, Xinxin & Mizobata, Satoshi, 2019. "Corporate Ownership and Managerial Turnover in China and Eastern Europe: A Comparative Meta-Analysis," CEI Working Paper Series 2019-1, Center for Economic Institutions, Institute of Economic Research, Hitotsubashi University.
- Ichiro Iwasaki & Xinxin Ma & Satoshi Mizobata, 2020. "Corporate Ownership and Managerial Turnover in China and Eastern Europe: A Comparative Meta-Analysis," KIER Working Papers 1034, Kyoto University, Institute of Economic Research.
- Ipsmiller, Edith & Dikova, Desislava, 2021. "Internationalization from Central and Eastern Europe: A systematic literature review," Journal of International Management, Elsevier, vol. 27(4).
- Mike Wright & Igor Filatotchev & Robert E. Hoskisson & Mike W. Peng, 2005. "Strategy Research in Emerging Economies: Challenging the Conventional Wisdom," Journal of Management Studies, Wiley Blackwell, vol. 42(1), pages 1-33, January.
- Hein Roelfsema & Yi Zhang, 2018. "Internationalization and Innovation in Emerging Markets," Foresight and STI Governance (Foresight-Russia till No. 3/2015), National Research University Higher School of Economics, vol. 12(3), pages 34-42.
- Tomasz Brodzicki & Dorota Ciolek, 2016. "Creativity pays off. Innovation, innovation strategy, and internationalization," Working Papers 1601, Instytut Rozwoju, Institute for Development.
- Joan Freixanet, 2014. "Innovation and internationalization: relationship and implications for management and public policy," International Journal of Entrepreneurial Knowledge, Center for International Scientific Research of VSO and VSPP, vol. 2(2), pages 57-75, December.
More about this item
Keywords
Internationalization; Exporting; Insider ownership; Foreign ownership; State ownership; Panel data;All these keywords.
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:kap:jmgtgv:v:15:y:2011:i:3:p:393-413. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.