Microfoundations of firm internationalization: The owner CEO effect
| dc.contributor.author | Chittoor, Raveendra | |
| dc.contributor.author | Aulakh, Preet S. | |
| dc.contributor.author | Ray, Sougata | |
| dc.date.accessioned | 2023-04-30T14:56:39Z | |
| dc.date.available | 2023-04-30T14:56:39Z | |
| dc.date.copyright | 2019 | en_US |
| dc.date.issued | 2019 | |
| dc.description.abstract | In this paper we examine the influence of owner CEOs’ motivations and authority on the strategic risk-taking behavior of firms as reflected by their investments in foreign markets. We theorize that owner CEOs, aided by their strategic leadership, long-term orientation and less-restricted decision making powers, will facilitate their firms’ strategic decisions that are exploratory in nature and thus more risky. We further propose that the owner CEO effect is likely to differentially interact with performance aspirations and governance structures of firms in influencing internationalization. We test our predictions on a longitudinal panel data set of 226 Indian manufacturing firms over the ten-year period from 2002 to 2011 and find support for our hypotheses. We contribute to the emerging literature on microfoundations and behavioral strategy. | en_US |
| dc.description.reviewstatus | Reviewed | en_US |
| dc.description.scholarlevel | Faculty | en_US |
| dc.description.sponsorship | Social Sciences and Humanities Research Council (Grant/Award number: 435-2012-1219) | en_US |
| dc.identifier.citation | Chittoor, R., Aulakh, P. S. & Ray, S. (2019). Microfoundations of firm internationalization: The owner CEO effect, Global Strategy Journal, 9(1), 42-65. https://doi.org/10.1002/gsj.1193. | en_US |
| dc.identifier.uri | https://doi.org/10.1002/gsj.1193 | |
| dc.identifier.uri | http://hdl.handle.net/1828/15085 | |
| dc.language.iso | en | en_US |
| dc.publisher | Global Strategy Journal | en_US |
| dc.subject | microfoundations | en_US |
| dc.subject | owner CEO | en_US |
| dc.subject | behavioral theory of the firn | en_US |
| dc.subject | business groups | en_US |
| dc.subject.department | Peter B. Gustavson School of Business | |
| dc.title | Microfoundations of firm internationalization: The owner CEO effect | en_US |
| dc.type | Postprint | en_US |