Authors
Gabriel RG Benito, Asmund Rygh, Randi Lunnan
Publication date
2016/11
Journal
Global Strategy Journal
Volume
6
Issue
4
Pages
269-288
Description
Plain language summary
We investigate whether listed state‐owned enterprises (SOEs) benefit more from internationalization than listed private enterprises. We argue that SOEs have a greater scope for benefitting from internationalization because of their previous domestic focus and because of government‐related firm‐specific advantages they can utilize for their internationalization. In listed SOEs, these factors may matter more than noneconomic objectives and corporate governance deficiencies that could reduce SOEs' economic benefits from internationalization. Empirical analysis on a sample of listed Norwegian firms provides modest support for the hypotheses. There is no indication that state ownership reduces the benefits of internationalization.
Technical summary
We consider state ownership as a moderator of the relationship between internationalization and performance in listed firms, developing …
Scholar articles
GRG Benito, A Rygh, R Lunnan - Global Strategy Journal, 2016