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Journals / Bogazici Journal: Review of Social, Economic and Administrative Studies / 2008 / Cilt: 22 - Sayı: 1

Yönetim kulu üyesi özelliklerinin holdinglere bağlı şirketlerin uluslararasılaşma performansı üzerindeki etkisi

The impact of board characteristics on the internationalization of business group affiliates

Nisan GÖKŞEN SELEKLER
Özlem ÖKTEM YILDIRIM
Pages
53–71
DOI
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AI Summary & Key Takeaways

AI Insight
⚡ TL;DR(Too Long; Didn't Read)

Findings reveal that firms which have older and more educated boards with greater foreign country exposure and family representation outperform others in one of the measures of internationalization performance, namely the existence of outward foreign direct investment (FDI).

📌 3 Key Takeaways

🎯
Objective & Hypothesis:This study investigates the impact of board member characteristics on the internationalization performance of firms affiliated with family-owned and controlled business groups.
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Key Findings & Data:As boards of directors establish a source of human capital for firms, board member characteristics are expected to influence firms' internationalization performance through their impact on directors' ability to fulfill their roles of service and resource acquisition.
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Conclusion & Impact:Findings reveal that firms which have older and more educated boards with greater foreign country exposure and family representation outperform others in one of the measures of internationalization performance, namely the existence of outward foreign direct investment (FDI).
🔬Design:Research Article
📍Scope:Comprehensive Sample
⚙️Variables:Domain Parameters

Abstract

This study investigates the impact of board member characteristics on the internationalization performance of firms affiliated with family-owned and controlled business groups. The resource-based view of the firm establishes the theoretical framework of the study. As boards of directors establish a source of human capital for firms, board member characteristics are expected to influence firms' internationalization performance through their impact on directors' ability to fulfill their roles of service and resource acquisition. The publicly listed affiliates of six business groups establish the sample of the study. Findings reveal that firms which have older and more educated boards with greater foreign country exposure and family representation outperform others in one of the measures of internationalization performance, namely the existence of outward foreign direct investment (FDI). However, board member characteristics do not seem to influence a firm's export intensity or geographical diversification.

Özet

Bu çalışma yönetim kurulu üyesi özelliklerinin holdinglere bağlı şirketlerin uluslararasılaşma performansı üzerindeki etkisini incelemektedir. Çalışmanın teorik çerçevesini kaynak tabanlı yaklaşım oluşturmaktadır. Yönetim kurulları şirketlerin insan kaynaklarının bir bölümünü oluşturduğu için yönetim kurulu üyelerinin demografik özelliklerinin uluslararasılaşma performansını etkileyeceği öngörülmektedir. Bu etki, çeşitli demografik özelliklerin, yönetim kurulu üyelerinin hizmet ve kaynak sağlama görevlerini yerine getirme becerilerini şekillendirmesinden kaynaklanmaktadır. Altı holdinge bağlı halka açık şirketler çalışmanın örneklemini oluşturmaktadır. Yönetim kurullarında yaşı, eğitim düzeyi ve yurt dışı tecrübesi yüksek üyeler bulunan ve daha çok aile üyesi olan şirketlerin uluslararasılaşma performansının yurt dışında yatırım yapma kriteri açısından diğer şirketlere göre daha başarılı olduğu gözlenmiştir. Ancak yönetim kurulu üyesi özelliklerinin şirketin ihracatı ve coğrafi çeşitlenmesi üzerinde bir etkisi bulunmamaktadır.

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Cite This Article

SELEKLER, N. G., YILDIRIM, Ö. Ö. (2008). Yönetim kulu üyesi özelliklerinin holdinglere bağlı şirketlerin uluslararasılaşma performansı üzerindeki etkisi. Bogazici Journal: Review of Social, Economic and Administrative Studies, Cilt: 22 - Sayı: 1, 53–71. https://ajindex.com/articles/147306

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