What determines the scope of the firm over time and around the world? An Asia Pacific perspective

Abstract

Scope of the firm, Product diversification, Geographic diversification, Institution-based view,

Flying Towards the Successful Skies: The Emerging Region Multinationals

“…The results of our study are in line with the conclusion of Peng and Delios (2006) and Chang (2006aChang ( , 2006b, who discussed emerging country multinationals from Asia, and emphasized on the use of business groups or networking strategy for this particular region. "As long as markets, especially capital markets, are imperfect and Asian governments continue to influence resource allocation, business groups and conglomerates will not only survive but may also prosper in the region", Peng and Delios (2006: 399) said based on the study of Chang (2006aChang ( , 2006b.…”

Cross-listing and the scope of the firm

“…First, although some scholars suggest that product scope and geographic scope affect each other (Hitt et al, 1997;Peng & Delios, 2006), we have discussed product scope and geographic scope separately. How these two types of the scope of the firm interact with each other, in the context of cross-listing, remains to be seen (Luo, 2007;Peng, 2014).…”

“…Specifically, crosslisting is a major strategic decision concerning the growth of the firm. Such growth is likely to have important consequences on both product scope and geographic scope of the firm (Hasan, Kobeissi, & Wang, 2011;Peng & Delios, 2006;Vaaler & Zhang, 2011). We further contend that strategy and IB researchers' interest in the scope of the firm can enable us to start addressing a previously underexplored question: How does cross-listing impact the scope of the firm?…”

“…is one of the most fundamental questions in strategic management and international business (IB) (Hoskisson & Hitt, 1994;Lee, Peng, & Lee, 2008;Peng, Lee, & Wang, 2005;Rumelt, Schendel, & Teece, 1994). While research on the scope of the firm started with a focus on product scope, more recent work has called for taking into account of both product scope and geographic scope of the firm (Delios & Beamish, 1999;Geringer, Tallman, & Olsen, 2000;Hitt, Hoskisson, & Kim, 1997;Hutzschenreuter & Grone, 2009;Kumar, 2009;Peng & Delios, 2006). While over three decades of research since Rumelt (1974) has shed considerable light on the scope of the firm (Palich, Cardinal, & Miller, 2000), no previous work has investigated the relationship between the scope of the firm and an important new phenomenon associated with globalization that we believe has significant ramifications on the scope of the firm-cross-listing.…”

Internationalization trajectories--a cross-country comparison: Are large Chinese and Indian companies different?

“…Finally, in research on the determinants of internationalization strategies at the corporate level, country, industry, and firm specific variables such as size, R&D intensity, and experience have been found to affect the degree of internationalization of the firm (see for example Autio et al, 2000;Peng and Delios, 2006;Tihanyi et al, 2000;Hitt et al, 2006). Especially the effect of the degree of internationalization on performance remains a much researched and fervently debated issue as theoretical explanations have proposed different balances between the costs and benefits of internationalization and hence different ' shapes' of the relationship between internationalization and performance (compare e.g.…”