The Role of Firm Ownership on Internationalization

Evidence from two Transition Economies

    Research output: Contribution to journalJournal articleResearchpeer-review

    Abstract

    This paper investigates how different types of owners influence the extent of firm internationalization, measured by the share of firm exports in total sales. The results of the analysis carried out using firm level data of Estonian and Slovenian firms, show that the firms under the control of the insider owners are, on average, more internationalized. State control, on the other hand, hampers internationalization efforts. Further, more productive firms, larger firms, more capital-intensive firms and those with high level of investment in both fixed capital and R&D are more successful in internationalization process. Finally, high market share also leads to increased internationalization through exports as firms seek to expand in foreign markets after having dominated the domestic ones.
    Original languageEnglish
    JournalJournal of Management & Governance
    Volume15
    Issue number3
    Pages (from-to)393-413
    ISSN1385-3457
    DOIs
    Publication statusPublished - 2011

    Cite this

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    title = "The Role of Firm Ownership on Internationalization: Evidence from two Transition Economies",
    abstract = "This paper investigates how different types of owners influence the extent of firm internationalization, measured by the share of firm exports in total sales. The results of the analysis carried out using firm level data of Estonian and Slovenian firms, show that the firms under the control of the insider owners are, on average, more internationalized. State control, on the other hand, hampers internationalization efforts. Further, more productive firms, larger firms, more capital-intensive firms and those with high level of investment in both fixed capital and R&D are more successful in internationalization process. Finally, high market share also leads to increased internationalization through exports as firms seek to expand in foreign markets after having dominated the domestic ones.",
    author = "Bersant Hobdari and Aleksandra Gregoric and Evis Sinani",
    year = "2011",
    doi = "10.1007/s10997-009-9112-y",
    language = "English",
    volume = "15",
    pages = "393--413",
    journal = "Journal of Management & Governance",
    issn = "1385-3457",
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    The Role of Firm Ownership on Internationalization : Evidence from two Transition Economies. / Hobdari, Bersant; Gregoric, Aleksandra; Sinani, Evis.

    In: Journal of Management & Governance, Vol. 15, No. 3, 2011, p. 393-413.

    Research output: Contribution to journalJournal articleResearchpeer-review

    TY - JOUR

    T1 - The Role of Firm Ownership on Internationalization

    T2 - Evidence from two Transition Economies

    AU - Hobdari, Bersant

    AU - Gregoric, Aleksandra

    AU - Sinani, Evis

    PY - 2011

    Y1 - 2011

    N2 - This paper investigates how different types of owners influence the extent of firm internationalization, measured by the share of firm exports in total sales. The results of the analysis carried out using firm level data of Estonian and Slovenian firms, show that the firms under the control of the insider owners are, on average, more internationalized. State control, on the other hand, hampers internationalization efforts. Further, more productive firms, larger firms, more capital-intensive firms and those with high level of investment in both fixed capital and R&D are more successful in internationalization process. Finally, high market share also leads to increased internationalization through exports as firms seek to expand in foreign markets after having dominated the domestic ones.

    AB - This paper investigates how different types of owners influence the extent of firm internationalization, measured by the share of firm exports in total sales. The results of the analysis carried out using firm level data of Estonian and Slovenian firms, show that the firms under the control of the insider owners are, on average, more internationalized. State control, on the other hand, hampers internationalization efforts. Further, more productive firms, larger firms, more capital-intensive firms and those with high level of investment in both fixed capital and R&D are more successful in internationalization process. Finally, high market share also leads to increased internationalization through exports as firms seek to expand in foreign markets after having dominated the domestic ones.

    U2 - 10.1007/s10997-009-9112-y

    DO - 10.1007/s10997-009-9112-y

    M3 - Journal article

    VL - 15

    SP - 393

    EP - 413

    JO - Journal of Management & Governance

    JF - Journal of Management & Governance

    SN - 1385-3457

    IS - 3

    ER -