Ownership, strategic orientation and internationalization in emerging markets

Yi Liu, Yuan Li and Jiaqi Xue

Journal of World Business, 2011, vol. 46, issue 3, 381-393

Abstract: For firms from emerging economies, market orientation and entrepreneurial orientation are two of the most important strategic orientations to consider when entering the global marketplace. This study explores how, in emerging markets, ownership structure affects these strategic orientations and their effectiveness in facilitating international business success. Our findings, based on survey data from Chinese firms, suggest that ownership structure, specifically ownership concentration and CEO ownership, can lead firms to choose different strategic orientations. Furthermore, we find that entrepreneurial orientation directly promotes a firm's internationalization activities, whereas market orientation has an inverse U-shaped relationship with internationalization activities.

Keywords: Internationalization; Ownership; concentration; CEO; ownership; Strategic; orientation; Entrepreneurial; orientation; Market; orientation (search for similar items in EconPapers)
Date: 2011
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (47)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S1090951610000519
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:worbus:v:46:y:2011:i:3:p:381-393

Ordering information: This journal article can be ordered from
http://www.elsevier.com/wps/find/journaldescription.cws_home/620401/bibliographic
http://www.elsevier. ... 620401/bibliographic

Access Statistics for this article

Journal of World Business is currently edited by David Collings and Jonathan Doh

More articles in Journal of World Business from Elsevier
Bibliographic data for series maintained by Catherine Liu ().