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Institutional Logics and the Internationalization of a State-Owned Enterprise: Evaluation of International Venture Opportunities by Telecom Finland 1987–1998

Zeerim Cheung, Eero Aalto and Pasi Nevalainen

Journal of World Business, 2020, vol. 55, issue 6

Abstract: We contribute to the research on internationalization of state-owned enterprises (SOEs) by studying the coevolution of state governance of SOEs and SOEs’ evaluation of international venture opportunities during a shift in dominant institutional logic from state to market logic. Using a novel digital historical method to study Telecom Finland, we argue that as state governance mechanisms change due to a logic shift, rationales underlying SOEs’ internationalization can significantly change and impact SOEs’ geographical and partner preferences. However, a logic shift also affords SOEs significant influence over the formation of new state governance policies under the new dominant logic.

Keywords: State-owned enterprise (SOE); State-owned multinational company (SOMNC); Institutional logics; Historical methods; Case study (search for similar items in EconPapers)
Date: 2020
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DOI: 10.1016/j.jwb.2020.101140

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