경영진의 공식 또는 비공식 네트워크가 기업 국제화에 미치는 영향: 기업 유형과 지리적 거리의 조절효과를 중심으로

• 영문명: The Impact of the Formal and Informal Networks of Top Management Teams on Firm Internationalization: The Moderating Roles of Enterprise type and Geographical Distance
• 발행기관: 한국무역연구원
• 저자명: 까오밍원(Ming-Wen Gao) 권종욱(Jong-Wook Kwon) 정의동(Yi-Dong Zheng)
• 간행물 정보: 『무역연구』제20권 제4호, 137~157쪽, 전체 21쪽
• 주제분류: 경제경영 > 무역학
• 파일형태: PDF
• 발행일자: 2024.08.31

국문 초록

Purpose - This study explores the crucial role that formal and informal networks within the top management team (TMT) play in driving international firm expansion. It also examines how state ownership and geographic distance influence the effectiveness of these networks. Additionally, the research contrasts the impact of formal and informal networks on the internationalization strategies of service and manufacturing industries. Design/methodology/approach - The study analyzes data from the CSMAR database, comprising 30,362 observations from 3,043 Chinese listed companies over the period of 2010 to 2022. Findings - The results reveal that political connections and concurrent positions held by TMT members significantly enhance a firm's internationalization efforts. However, these positive effects are moderated by factors such as geographic distance and state ownership. Moreover, the study highlights that the influence of political connections varies between the service and manufacturing sectors. Research implications - This research deepens the academic understanding of how Chinese firms approach internationalization by providing a detailed analysis of the relationship between political ties and global strategies. The insights gained are also relevant to firms in other emerging markets, offering strategic guidance on how TMT networks can be leveraged to succeed globally. Furthermore, the study emphasizes the importance of considering geographic location and ownership structure when developing internationalization strategies, particularly in tailoring approaches for service versus manufacturing sectors, an aspect often overlooked in prior research.

목차

Ⅰ. 서론

Ⅱ. 이론적 배경

Ⅲ. 연구가설

Ⅳ. 연구방법

Ⅴ. 실증분석

Ⅵ. 결론

References

키워드

Formal Networks Informal Networks Internationalization TMT Management