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Author:Ruigrok, W.
Amann, W.
Wagner, H.
Title:The internationalization-performance relationship at Swiss firms: a test of the S-Shape and extreme degrees of internationalization
Journal:Management International Review
2007 : VOL. 47:3, p.349-368
Index terms:internationalization
company performance
switzerland
Freeterms:extreme degrees of intenationalization
Language:eng
Abstract:Researchers have recently suggested that on average the relationship between internationalization and performance will be S-shaped. This study tests this pattern by investigating 87 Swiss multinational companies in manufacturing industries over an 8-year period. Large Swiss companies cover the full range of internationalization, with many measuring over 90% foreign sales-to-total sales. This allows for a unique test of performance levels at very high degrees of internationalization. The study finds that in the case of Swiss MNCs the S-curve is shifted to the right, and preceded by an initial stage of increasing performance. The companies operating at extreme (very high) degrees of internationalization face lower average performance and higher average performance variation.
SCIMA record nr: 264954
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