Internationalization and firm performance of SMEs: The moderating effects of CEO attributes

Wen-Tsung Hsu, Hsiang-Lan Chen and Chia-Yi Cheng

Journal of World Business, 2013, vol. 48, issue 1, 1-12

Abstract: This paper examines the impact of CEO attributes on the internationalization–performance relationships of SMEs. Based on the upper echelons and information processing theories, we argue that CEOs play an important role in the internationalization of SMEs. Furthermore, some of the attributes of CEOs who have a greater information processing capability have positive moderating effects on the internationalization–performance relationship. Using panel data of 187 Taiwanese SMEs that expanded abroad, we find that age, educational level, international experience, and duality of the CEO have moderating effects on the relationship between internationalization and firm performance.

Keywords: CEO attributes; Internationalization; Performance; Information processing capability (search for similar items in EconPapers)
Date: 2013
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Citations: View citations in EconPapers (128)

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DOI: 10.1016/j.jwb.2012.06.001

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