Business group attributes and internationalization strategy in China

• Main Authors: YIU, Daphne W., NG, Frank W., MA, Xufei
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2013
• Subjects: Internationalization; Business groups; Group-specific attributes; China; Business
• Online Access: https://ink.library.smu.edu.sg/lkcsb_research/7317; https://ink.library.smu.edu.sg/context/lkcsb_research/article/8316/viewcontent/Business_group_attributes_and_.pdf
• Institution: Singapore Management University

Business groups play a critical role in the internationalization of Chinese firms, but empirical efforts on this topic are limited. This study aims to fill this gap by examining the impacts of group-specific attributes on the pursuit of different internationalization strategies. Our findings from 219 Chinese business group affiliates show that horizontal linkages among group affiliates are more positively related to asset-seeking internationalization, whereas vertical linkages are more positively related to market-seeking internationalization. We contribute to the literature by moving a step forward to examine if business group attributes are leveraged differentially in market-seeking and asset-seeking internationalization strategies.