Exogenous shocks and export market portfolios of SMEs: the role of performance aspirations and organizational slack

Manon Meschi and Ulrike Mayrhofer ()
Additional contact information
Manon Meschi: GRM - Groupe de Recherche en Management - EA 4711 - UNS - Université Nice Sophia Antipolis (1965 - 2019) - UniCA - Université Côte d'Azur
Ulrike Mayrhofer: GRM - Groupe de Recherche en Management - EA 4711 - UNS - Université Nice Sophia Antipolis (1965 - 2019) - UniCA - Université Côte d'Azur

Post-Print from HAL

Abstract: This research focuses on the export market portfolio, i.e. the number of export markets, of small and medium-sized enterprises (SMEs) in the context of exogenous shocks. Relying on behavioral theory, we investigate the influence of performance aspiration and resource slack on export market portfolios. The empirical study is based on a longitudinal data-set of 191 French SMEs. We demonstrate that firms with lower performance than expected and high human resource slack increase their export market portfolio after the occurrence of the shock while low performance has an inverse effect after a certain period of time. Conversely, financial slack leads SMEs to decrease their export market portfolio after the occurrence of the shock and in the long term. Our findings challenge several assumptions of behavioral theory and highlight the necessity to consider temporal effects of performance aspirations and organizational slack.

Keywords: Behavioral theory; exogenous shock; export market portfolio; organizational slack; performance aspiration; SME (search for similar items in EconPapers)
Date: 2022-05-02
References: Add references at CitEc
Citations:

Published in 12ème Conférence d’Atlas AFMI (Association Francophone de Management International), May 2022, Nice, France

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

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:hal:journl:halshs-03870097

Access Statistics for this paper

More papers in Post-Print from HAL
Bibliographic data for series maintained by CCSD ().