International diversification of SMEs: The role of foreign capital

Ver registo simples
dc.contributor.authorPacheco, Luís Miguel
dc.contributor.authorMaldonado, Isabel
dc.contributor.authorLobo, Carla Azevedo
dc.date.accessioned2019-12-30T12:35:21Z
dc.date.available2019-12-30T12:35:21Z
dc.date.issued2019-10
dc.description.abstractThe aim of this paper is to empirically examine the relationship between the firms’ ownership and control structure, in particular the presence of foreign capital, and their internationalization levels. The internationalization of Portuguese SMEs depends on a multitude of factors, being the impact of foreign investment inflows directed to industrial SMEs a usually forgotten factor. This paper fills that gap using a balanced panel data of 5,722 firms for an eight year period beginning in 2010, researching if the presence of foreign capital influences the level and scope of internationalization, and controlling for the effects of variables such as profitability, age, size, indebtedness and sector of activity. The country of origin of the foreign capital is considered and possible non-linear effects are also tested. The results evidence that the presence in SMEs of foreign shareholders positively influences internationalization. Also, there seems to exist a non-linear relation between the development level of the country of origin of the share capital and internationalization, with the results indicating that firms with capital originated from more advanced countries attain a higher degree of internationalization.pt_PT
dc.identifier.citationPacheco, L., Lobo, C., & Maldonado, I. (2019). International diversification of SMEs: The role of foreign capital. Proceedings Conference of 29th EBES Conference, ISCTE, Lisboa, Portugal, 10-12 Outubro 2019 (vol. 1, 339-364). Disponível no Repositório UPT, http://hdl.handle.net/11328/2972pt_PT
dc.identifier.urihttp://hdl.handle.net/11328/2972
dc.language.isoengpt_PT
dc.peerreviewedyespt_PT
dc.relationThis work is supported by FEDER funds from COMPETE 2020 and Portuguese funds - PORTUGAL 2020. Project IEcPBI - Interactive Ecosystem for Portuguese Business Internationalization - POCI-01-0145-FEDER-032139.pt_PT
dc.rightsopen accesspt_PT
dc.subjectOwnership structurept_PT
dc.subjectInternationalizationpt_PT
dc.subjectForeign investmentpt_PT
dc.subjectSMEspt_PT
dc.subjectIndustrial sectorpt_PT
dc.titleInternational diversification of SMEs: The role of foreign capitalpt_PT
dc.typeconferenceObjectpt_PT
degois.publication.firstPage339pt_PT
degois.publication.lastPage364pt_PT
degois.publication.locationLisboapt_PT
degois.publication.title29th EBES Conference, ISCTE - Lisboa (Portugal), 10 a 12 de Outubropt_PT
dspace.entity.typePublicationen
person.affiliation.nameREMIT – Research on Economics, Management and Information Technologies
person.familyNamePacheco
person.familyNameMaldonado
person.familyNameLobo
person.givenNameLuís Miguel
person.givenNameIsabel
person.givenNameCarla Azevedo
person.identifier.ciencia-idBF16-0EF2-107B
person.identifier.ciencia-id1D1D-3612-D593
person.identifier.ciencia-id2E1D-CA98-5832
person.identifier.orcid0000-0002-9066-6441
person.identifier.orcid0000-0002-1292-6201
person.identifier.orcid0000-0002-6721-376X
person.identifier.ridE-5193-2010
person.identifier.rid43544551
person.identifier.scopus-author-id55945343700
person.identifier.scopus-author-id57210261298
relation.isAuthorOfPublicationa25aba90-4787-45a8-b908-646f24b32dfc
relation.isAuthorOfPublication1d5bf75b-f0ec-4431-aa1e-cfb8be344155
relation.isAuthorOfPublication931348d5-f6cb-4154-9d25-51231eec0d06
relation.isAuthorOfPublication.latestForDiscoverya25aba90-4787-45a8-b908-646f24b32dfc

Ficheiros

Principais
A mostrar 1 - 1 de 1
Miniatura
Nome:
International diversification of SMEs_EBES Conference Proceedings.pdf
Tamanho:
390.43 KB
Formato:
Adobe Portable Document Format
Ver/Abrir

Coleções

REMIT - Publicações em Livros de Atas Internacionais / Papers in International Proceedings