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  • Pls do my report follow the fomat below:(this is the sample) Literature review - SAMPLE and GUIDE 1. Author and publication details (full reference) 2. Research context/3.Research focus/4. Data (3 pts can integrated, as demonstrated) 5. Theoretical

Pls do my report follow the fomat below:(this is the sample) Literature review — SAMPLE and GUIDE 1. Author and publication details (full reference) 2. Research context/3.Research focus/4. Data (3 pts can integrated, as demonstrated) 5. Theoretical Essay Example

LITERATURE REVIEW 4

Literature Review

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29/08/ 2011

Author: Hobdari, B., Gregoric, A & Sinani, E 2009, The Role of Firm Ownership on

Internationalization: Evidence from Two Transition Economies,Springer

Science+ Business Media, LLC.

Research Content

The author seeks to investigate how different types of owners influence the extent of firm internationalization, measured by the share of firm exports in total sales. The analysis was conducted using the level data of two firms: Estonian and Slovenian. The results showed firms under the control of the insider owners are, on average, more internationalized but efforts of this were altered where the state was in control of firms.

Theoretical concept(s) explored

The author explains three main theories that are mostly cited in the literature. The first theory is the ‘eclectic paradigm theory’ which relates to the extent and pattern of international production to the configuration of three sets of advantages: ownership, location and internalization (Dunning 1988). The second is a set of theories associated with the ‘Uppsala internationalization model’, where internationalization evolves through incremental changes (Johanson and Vahle 1977). Finally, the third theory emphasizes the born global approach to internationalization and shows that many firms commence their international operations right away from birth by entering into distant markets or by forming joint ventures.

Main critique of extant literature

Buck et al (2000) argues that corporate governance influences the strategy of a firm in addition to its internationalization efforts. However much is not known on how owners of large firms negatively or positively influence a firm’s internationalization efforts by making major corporate decisions including that of internationalization.

Major insights/ conclusions about the topic

Following the analysis a firm’s owner type is an important determinant of internationalization strategies with different owners displaying different attitudes towards internationalization.

Suggestions for further research in accounting

Hobdari, Gregoric and Sinani consider the need to extend their analysis along two dimensions. These include: to look at the role of the owner type on the timing of entering international markets and to expand the focus of the analysis to include other forms of internationalization such as foreign direct investment, establishment of joint venture and or strategic solutions.

References

Buck, T., Filatotchev, I., Wright, M., & Demina, N. 2000, Exporting Activity In Transitional

Economies: An Enterprise Level Study. Journal of Development Studies,

Vol 37, Issue 2, pp44–66.

Dunning, JH 1988, The Eclectic Paradigm of FDI: A Restatement and Some Possible

Extensions, Journal of International Business Studies, Vol 19, Issue 1, pp1–31.

Johanson, J., & Vahlne, JE 1977, The Internationalization Process of the Firm: A Model Of

Knowledge Development and Increasing Foreign Market Commitments,

Journal Of International Business Studies, Vol 8, Issue 1, pp23–32.