国际化公司重组对业绩的影响：欧洲企业的证据

IF 3.4 3区管理学 Q2 MANAGEMENT

European Management Review Pub Date : 2024-08-24 DOI:10.1111/emre.12672

Francisco Javier Forcadell, Desiderio Romero‐Jordán, Angelica Sanchez‐Riofrio, Luis Ángel Guerras‐Martín

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引用次数: 0

摘要

本文分析了国际化公司重组对财务业绩的影响。我们假设，实施重组战略的国际化公司比实施重组的非国际化公司获得更好的财务绩效。这两种战略都利用了资源互补性，促进了资源的获取、生成和使用。我们对 1998 年至 2011 年期间 15 个欧盟国家的 932 家公司进行了实证分析，其中包括经济增长期和金融危机期。我们的研究对国际化文献进行了扩展，证明了国际化可以改善面临缩小或调整业务范围的公司的财务业绩（资产回报率）。

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The effect of restructuring internationalized companies on performance: Evidence from European firms

This paper analyzes the effect of restructuring internationalized companies on financial performance. We hypothesize that companies implementing restructuring strategies in internationalized companies obtain better financial performance than non‐internationalized companies that restructure. Both strategies exploit resource complementarities that promote improved resource access, generation, and use. We empirically analyze a sample of 932 companies from 15 European Union countries from 1998 to 2011, including periods of economic growth and financial crisis. Our study extends the internationalization literature by demonstrating that internationalization improves financial performance (return on assets) for companies facing narrowing or refocusing their scope.

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来源期刊

European Management Review MANAGEMENT-

CiteScore

7.20

自引率

13.50%

发文量

期刊介绍： The European Management Review is an international journal dedicated to advancing the understanding of management in private and public sector organizations through empirical investigation and theoretical analysis. The European Management Review provides an international forum for dialogue between researchers, thereby improving the understanding of the nature of management in different settings and promoting the transfer of research results to management practice. Although one of the European Management Review"s aims is to foster the general advancement of management scholarship among European scholars and/or those academics interested in European management issues.