Geographic scope and multinational enterprise performance

• 成果类型: Article
• 署名作者: Goerzen, A; Beamish, PW
• 署名单位: University of Victoria; Western University (University of Western Ontario); University Western Ontario Hospital
• 刊物名称: STRATEGIC MANAGEMENT JOURNAL
• ISSN/ISSBN: 0143-2095
• DOI: 10.1002/smj.357
• 发表日期: 2003
• 页码: 1289-1306
• 关键词: Multinational enterprise; GEOGRAPHIC SCOPE; Internalization theory

摘要

Through an internalization theory lens, an argument is developed to suggest that the traditional concept of geographic scope should be split into two related, but more precise, elements of international asset dispersion and country environment diversity. Subsequently, these new concepts are tested using a structural equation modeling approach on a sample of 580 large multinational enterprises (MNEs). We find that the relationship between economic performance and international asset dispersion is positive, but that country environment diversity is negatively associated with performance, with a positive interaction between them. This study adds to our theoretical understanding of MNEs, and also provides a bridge between the mixed findings of prior research on multinationality by disentangling the unique effects of the latent subcomponents of geographic scope on firm performance. Copyright (C) 2003 John Wiley Sons, Ltd.