What do we know about the internationalization of Asian business groups? A systematic review and future research agenda

Jeoung Yul Lee (), Asli M. Colpan (), Yeon-Sik Ryu () and Tomoki Sekiguchi ()
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Jeoung Yul Lee: Chongqing Technology and Business University
Asli M. Colpan: Kyoto University
Yeon-Sik Ryu: Hongik University
Tomoki Sekiguchi: Kyoto University

Asian Business & Management, 2022, vol. 21, issue 5, No 6, 802-830

Abstract: Abstract This article reviews the existing literature on the internationalization of Asian business groups (BGs) by identifying the published papers on this subject in leading management and international business journals. We classify the literature based on the five most researched themes that describe the relationships among key constructs. These themes are (1) the effects of BG attributes on internationalization; (2) the effects of internationalization on firm performance; (3) the effects of BG attributes on firm performance; (4) the effects of resources and capabilities on internationalization; and (5) the effects of corporate governance on internationalization. Finally, based on what is missing in the literature, we propose an agenda for future research on the internationalization of Asian BGs.

Keywords: Business groups; Asia; Internationalization; Institutional theory; Resource-based view; Agency theory (search for similar items in EconPapers)
Date: 2022
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Citations: View citations in EconPapers (2)

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DOI: 10.1057/s41291-021-00164-0

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