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dc.contributor.authorMajocchi, A
dc.contributor.authorDalla Valle, Luciana
dc.contributor.authorD'Angelo, A
dc.date.accessioned2017-03-28T11:55:09Z
dc.date.available2017-03-28T11:55:09Z
dc.date.issued2015-03-04
dc.identifier.issn1611-1699
dc.identifier.issn2029-4433
dc.identifier.urihttp://hdl.handle.net/10026.1/8702
dc.description.abstract

<jats:p>Relying on the accounting data of a panel of 403 Italian manufacturing SMEs collected over a period of 5 years, we find results suggesting that multinationality per se does not impact on the economic performance of international small and medium sized firms. It is the characteristics of the country selected, i.e. the political hazard, the financial stability and the economic performance, that significantly influence SMEs financial performance. The management implication for small and medium sized firms selecting and entering new geographic markets is significant, since our results show that for SMEs it is the market selection process that really matters and not the degree of multinationality.</jats:p>

dc.format.extent307-324
dc.language.isoen
dc.publisherVilnius Gediminas Technical University
dc.subjectfinancial performance
dc.subjectBayesian statistics
dc.subjecthost country characteristics
dc.subjectinternationalisation
dc.subjectpanel data model
dc.subjectSMEs
dc.titleInternationalisation, cultural distance and country characteristics: a Bayesian analysis of SMEs financial performance
dc.typejournal-article
dc.typeJournal Article
plymouth.author-urlhttp://gateway.webofknowledge.com/gateway/Gateway.cgi?GWVersion=2&SrcApp=PARTNER_APP&SrcAuth=LinksAMR&KeyUT=WOS:000346355500003&DestLinkType=FullRecord&DestApp=ALL_WOS&UsrCustomerID=11bb513d99f797142bcfeffcc58ea008
plymouth.issue2
plymouth.volume16
plymouth.publication-statusPublished
plymouth.journalJOURNAL OF BUSINESS ECONOMICS AND MANAGEMENT
dc.identifier.doi10.3846/16111699.2012.720600
plymouth.organisational-group/Plymouth
plymouth.organisational-group/Plymouth/Faculty of Science and Engineering
plymouth.organisational-group/Plymouth/Faculty of Science and Engineering/School of Engineering, Computing and Mathematics
plymouth.organisational-group/Plymouth/REF 2021 Researchers by UoA
plymouth.organisational-group/Plymouth/REF 2021 Researchers by UoA/EXTENDED UoA 10 - Mathematical Sciences
plymouth.organisational-group/Plymouth/REF 2021 Researchers by UoA/UoA10 Mathematical Sciences
plymouth.organisational-group/Plymouth/Users by role
plymouth.organisational-group/Plymouth/Users by role/Academics
dcterms.dateAccepted2013-07-01
dc.identifier.eissn2029-4433
dc.rights.embargoperiodNot known
rioxxterms.versionofrecord10.3846/16111699.2012.720600
rioxxterms.licenseref.urihttp://www.rioxx.net/licenses/all-rights-reserved
rioxxterms.licenseref.startdate2015-03-04
rioxxterms.typeJournal Article/Review


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