Legal form of the firm and overseas market choice in India’s software and IT industry

Sumit K Majumdar (), Davina Vora () and Ashok Nag

Asia Pacific Journal of Management, 2012, vol. 29, issue 3, 659-687

Abstract: Drawing upon the economics, international business, and law literatures, we hypothesize that variations in governance characteristics, associated with firms being public limited companies, private limited companies, or unincorporated enterprises, influence the internationalization patterns of the software and information technology (IT) companies in India. The results provide some support for our hypotheses, as variations in legal form were found to significantly impact regional sales in the US and Canada, Europe, Latin America, and the Middle East. Organizational size and business type were also significantly related to sales in a number of regions. Implications of our findings and directions for future research are discussed. Copyright Springer Science+Business Media, LLC 2012

Keywords: Indian software and IT industry; Legal form; Ownership; Governance characteristics; International sales (search for similar items in EconPapers)
Date: 2012
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DOI: 10.1007/s10490-010-9223-7

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