Frequency of International Expansion through High Control Expansion Modes and Interlocked Directorships

SH Ang, Mirko Benischke, AWL Hooi

Research output: Contribution to journalArticleAcademicpeer-review

13 Citations (Scopus)

Abstract

This study investigates director interlock as a mechanism by which an MNC learns and adopts high control market expansion modes that other MNCs use. Using data on greenfields and acquisitions by S&P 500 firms in the period 2003–2010, we find a significant relationship between the use of high control market expansion modes by interlocked MNCs and the frequency of international expansion of a focal MNC through such modes in unrelated industries, with the relationship stronger for the depth of interlocked director experience. The findings contribute to the literatures around the frequency of international expansion and microfoundations of international strategy.
Original languageEnglish
Pages (from-to)493-503
Number of pages11
JournalJournal of World Business
Volume53
Issue number4
DOIs
Publication statusPublished - 7 Mar 2018

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