The factors that determine firms' levels of internationalization remain a focal area of international business research. Within this research stream, studies building on the upper echelons theory have investigated the influence of the demographic characteristics of the top management team (TMT)...

This study focuses on the impact of financial inclusion and bank concentration on the performance of firms in developing and emerging countries. Using firm-level data for a sample of 55,596 firms in 79 countries, we find that financial inclusion, i.e. the distribution of financial services...

The literature on working capital management (WCM) provides mixed evidence on the effect of working capital on firm profitability and performance. We use firms from developed and emerging economies to explore how working capital and its components relate to firms' performance while controlling...

This study examines whether domestic banks perform better than their foreign-owned counterparts, by examining the banking system across eight Southeast Asian countries for the period 1994-2005. According to our results, banks' performance worsened in the post-Asian crisis period. The higher...

Small and Medium Enterprise (SMEs), just like large corporates target foreign markets for growth, profit and survival motives. Reaching global markets is a dream for every business as there are better prices elsewhere as compared to local industries who might be controlled. Also opening new...

The main objective of this research is to propose a conceptual model, with the view of assess ing the link between size, age, market orientation and performance. We have chosen the foodprocessing small businesses as our empirical field of application. An important number of smallenterprises were...

In this study we researched the relationship between international diversification and performance in family firms in an emerging economy. Likewise, from the perspective of the governance structure, we investigated non-linear relationships between business group membership, concentration of...

This study uses survey data from top managers to explore how operational (e.g., cost types and cost center accounting) and strategically oriented (e.g., strategic and business planning) management accounting (MA) practices, diagnostic and interactive use of performance measures, and cultural...

The process of globalization encompasses economic and financial integration. The abolition of capital controls and the dismantling of barriers of different kinds will expose previously sheltered companies to shocks on the global economic arena. Policy-makers in already globalized countries have...

A strategically minded CFO will realize that strategic corporate risk management is about finding the right balance between risk prevention and proactive value generation. Efficient risk and performance management requires adequate assessment of risk and risk exposures on the one hand and...