From Global Firms to Global Boards?

Steen Thomsen, Aleksandra Gregoric, Trond Randøy, Lars Oxelheim

    Publikation: Bidrag til bog/antologi/rapportKonferenceabstrakt i proceedingsForskningpeer review

    Abstrakt

    This paper examines the internationalization of Nordic company boards during 2001-2008. Using Poisson pooled and panel estimators we find that financial rather than commercial internationalization drives the recruitment of
    international board members. Foreign listing and foreign ownership are significant whereas international sales and operations are not. When we extend “board internationalization” to encompass national directors with international experience we find that shareholders may opt for domestic board members with that experience to match the firm’s commercial internationalization. This indicates some support for the view that different kinds of firm internationalization – commercial versus financial - might lead to different types of board internationalization. We find no evidence that the internationalization of boards is limited by the conservatism of existing national board members, language barriers or “old boys’ networks”.
    OriginalsprogEngelsk
    TitelProceedings of the 53rd Annual Meeting of the Academy of International Business
    RedaktørerShige Makingo , Tunga Kiyak
    UdgivelsesstedEast Lansing, MI
    ForlagAcademy of International Business
    Publikationsdato2011
    Sider201
    StatusUdgivet - 2011
    BegivenhedAIB 2011 Annual Meeting: International Business for Sustainable World Development - Nagoya, Japan
    Varighed: 24 jun. 201128 jun. 2011
    Konferencens nummer: 53
    http://aib.msu.edu/events/2011/

    Konference

    KonferenceAIB 2011 Annual Meeting
    Nummer53
    LandJapan
    ByNagoya
    Periode24/06/201128/06/2011
    Internetadresse
    NavnAcademy of International Business. Annual Meeting. Proceedings
    Vol/bind53
    ISSN2078-4430

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