IES Management College And Research Centre

Cultural Distance and Firm Internationalization: A Meta-Analytical Review and Theoretical Implications (Record no. 49576)

MARC details
000 -LEADER
fixed length control field nam a22 4500
003 - CONTROL NUMBER IDENTIFIER
control field OSt
005 - DATE AND TIME OF LATEST TRANSACTION
control field 20180412132806.0
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION
fixed length control field 180412b xxu||||| |||| 00| 0 eng d
100 ## - MAIN ENTRY--PERSONAL NAME
Personal name Beugelsdijk, Sjoerd
9 (RLIN) 31070
245 ## - TITLE STATEMENT
Title Cultural Distance and Firm Internationalization: A Meta-Analytical Review and Theoretical Implications
300 ## - PHYSICAL DESCRIPTION
Extent 89-130 p.
520 ## - SUMMARY, ETC.
Summary, etc This paper presents the most comprehensive review and meta-analysis of the literature on cultural distance and firm internationalization to date. We analyze the effects of cultural distance on key strategic decisions throughout the entire process of internationalization. For the preinvestment stage, we examine the decisions on where to invest (location choice), how much to invest (degree of ownership), and how to organize the foreign expansion (entry and establishment mode). For the postinvestment stage, we examine the decisions of how to integrate the foreign subsidiary into the organization (transfer of practices) as well as the performance effects of cultural distance at both the subsidiary and the firm level. We find that firms are less likely to expand to culturally distant locations but if they do, they prefer greenfield investments and integrate subsidiaries more through transfer of management practices. Cultural distance does not seem to affect how much capital firms invest and whether they enter through a joint venture or full ownership. Interestingly, cultural distance has a strong negative effect on subsidiary performance but no effect on the performance of the whole multinational company. In addition, we find that the effects of cultural distance are not sensitive to time, but they are sensitive to the cultural framework used (e.g., Hofstede vs. Global Leadership and Organizational Behavior Effectiveness) and the home country of the company (developed vs. emerging market). Based on our study, we feel confident to offer some theoretical insights, recommendations for improving the validity and reliability of cultural-distance research, and ideas for future research
653 ## - INDEX TERM--UNCONTROLLED
Uncontrolled term cultural distance
Uncontrolled term multinational companies
Uncontrolled term firm internationalization
Uncontrolled term meta-analysis
Uncontrolled term location choice
Uncontrolled term FDI
Uncontrolled term entry mode
Uncontrolled term establishment mode
Uncontrolled term transfer of practices
Uncontrolled term firm performance
Uncontrolled term subsidiary performance
700 ## - ADDED ENTRY--PERSONAL NAME
Personal name Kostova, Tatiana
9 (RLIN) 31071
Personal name Kunst,Vincent E.
9 (RLIN) 31072
Personal name Spadafora, Ettore
9 (RLIN) 31073
Personal name Essen, Marc van
9 (RLIN) 31074
773 0# - HOST ITEM ENTRY
Host Biblionumber 29017
Host Itemnumber 70280
Main entry heading DEBORAH E. RUPP
Place, publisher, and date of publication WEST LAFAYETTE SAGE PUBLICATION 2012
Other item identifier 5558625
Title JOURNAL OF MANAGEMENT
International Standard Serial Number 0149-2063
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Source of classification or shelving scheme Dewey Decimal Classification
Koha item type Journals and Periodicals
Holdings
Withdrawn status Lost status Source of classification or shelving scheme Damaged status Not for loan Home library Current library Date acquired Total Checkouts Full call number Barcode Date last seen Price effective from
    Dewey Decimal Classification     Main Library Main Library 12/04/2018   Vol 44, Issue 1/5558625JA4 5558625JA4 12/04/2018 12/04/2018

Circulation Timings: Monday to Saturday: 8:30 AM to 9:30 PM | Sundays/Bank Holiday during Examination Period: 10:00 AM to 6:00 PM