Microfoundations of firm internationalization: The owner CEO effect

dc.contributor.authorChittoor, Raveendra
dc.contributor.authorAulakh, Preet S.
dc.contributor.authorRay, Sougata
dc.date.accessioned2023-04-30T14:56:39Z
dc.date.available2023-04-30T14:56:39Z
dc.date.copyright2019en_US
dc.date.issued2019
dc.description.abstractIn 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.reviewstatusRevieweden_US
dc.description.scholarlevelFacultyen_US
dc.description.sponsorshipSocial Sciences and Humanities Research Council (Grant/Award number: 435-2012-1219)en_US
dc.identifier.citationChittoor, 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.urihttps://doi.org/10.1002/gsj.1193
dc.identifier.urihttp://hdl.handle.net/1828/15085
dc.language.isoenen_US
dc.publisherGlobal Strategy Journalen_US
dc.subjectmicrofoundationsen_US
dc.subjectowner CEOen_US
dc.subjectbehavioral theory of the firnen_US
dc.subjectbusiness groupsen_US
dc.subject.departmentPeter B. Gustavson School of Business
dc.titleMicrofoundations of firm internationalization: The owner CEO effecten_US
dc.typePostprinten_US

Files

Original bundle
Now showing 1 - 1 of 1
Loading...
Thumbnail Image
Name:
chittoorravee_globalstrat_2019.pdf
Size:
557.87 KB
Format:
Adobe Portable Document Format
Description:
License bundle
Now showing 1 - 1 of 1
No Thumbnail Available
Name:
license.txt
Size:
2 KB
Format:
Item-specific license agreed upon to submission
Description: