Multinationality and Performance: A Context-Specific Analysis for German Firms
Marcus Dittfeld ()
Additional contact information
Marcus Dittfeld: TU Dresden, Chair of International Management
Management International Review, 2017, vol. 57, issue 1, 1-35
Abstract The development of foreign markets can be considered as a strategic key factor in times of globalisation. However, past empirical research could not detect a “universal” relationship between corporate multinationality and performance. There exist fundamental doubts whether the contextual condition of internationalisation of one empirical setting can be easily transferred to another setting for investigating the relationship between multinationality and performance. For instance, potentials for realising economies of scale in the home market and abroad, the degree of integration of neighbouring countries, as well as the accumulated internationalisation experience, can differ significantly from each other between countries. Taking into account the contextual conditions of internationalisation of stock-listed German firms in the time period from 1990 to 2006, this paper analyses the performance effects of firms’ multinationality. Firms of this sample can benefit from multinationality even in early internationalisation stages and are able to manage high degrees of complexity in later internationalisation stages successfully. Firm-specific advantages in the field of intangible assets with long-term (short-term) effects moderate the relationship between multinationality and future-oriented (past-oriented) performance positive.
Keywords: Multinationality; Performance; Contextual conditions of internationalisation; Intangible assets; Economies of scale; Inverted S-curve (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1) Track citations by RSS feed
Downloads: (external link)
http://link.springer.com/10.1007/s11575-016-0286-7 Abstract (text/html)
Access to the full text of the articles in this series is restricted.
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:spr:manint:v:57:y:2017:i:1:d:10.1007_s11575-016-0286-7
Ordering information: This journal article can be ordered from
Access Statistics for this article
Management International Review is currently edited by Michael-Jörg Oesterle and Joachim Wolf
More articles in Management International Review from Springer
Bibliographic data for series maintained by Sonal Shukla ().