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The Internationalization-Performance Relationship at Swiss Firms: A Test of the S-Shape and Extreme Degrees of Internationalization

机译:瑞士企业的国际化与绩效关系:S形和极端国际化程度的检验

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摘要

1. Researchers have recently suggested that on average the relationship between internationalization and performance will be S-shaped. In this study, we test this pattern investigating 87 Swiss multinational companies in manufacturing industries over an 8-year period (1998-2005; N = 696). 2. Large Swiss companies cover the full range of internationalization, with many measuring over 90 percent foreign sales-to-total sales. This allows for a unique test of performance levels at very high degrees of internationalization. 3. We find that in the case of Swiss MNCs the S-curve is shifted to the right, and preceded by an initial stage of increasing performance. 4. We find that companies operating at extreme (very high) degrees of internationalization face lower average performance and higher average performance variation.
机译:1.研究人员最近建议,平均而言,国际化与绩效之间的关系将呈S形。在这项研究中,我们测试了这种模式,该模式在8年内(1998年至2005年; N = 696)调查了87家瑞士制造业的跨国公司。 2.大型瑞士公司涵盖了国际化的全部范围,其中许多公司的国外销售额占总销售额的90%以上。这允许在非常高的国际化水平下对性能水平进行独特的测试。 3.我们发现,对于瑞士的跨国公司而言,S曲线向右移动,并且在此之前是性能提升的初始阶段。 4.我们发现,以极高(非常高)国际化程度运营的公司面临较低的平均绩效和较高的平均绩效差异。

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