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Journal Article

Two Dimensions of the Internationalization of Firms

MPS-Authors
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Hassel,  Anke
Regimewettbewerb und Integration in den industriellen Beziehungen, MPI for the Study of Societies, Max Planck Society;

/persons/resource/persons41207

Höpner,  Martin
Institutioneller Wandel im gegenwärtigen Kapitalismus, MPI for the Study of Societies, Max Planck Society;

/persons/resource/persons41232

Kurdelbusch,  Antje
Regimewettbewerb und Integration in den industriellen Beziehungen, MPI for the Study of Societies, Max Planck Society;

/persons/resource/persons41276

Rehder,  Britta
Institutioneller Wandel im gegenwärtigen Kapitalismus, MPI for the Study of Societies, Max Planck Society;

/persons/resource/persons41344

Zugehör,  Rainer
Regimewettbewerb und Integration in den industriellen Beziehungen, MPI for the Study of Societies, Max Planck Society;

External Resource

http://onlinelibrary.wiley.com/doi/10.1111/1467-6486.00357/abstract
(Abstract)

http://onlinelibrary.wiley.com/doi/10.1111/1467-6486.00357/pdf
(Publisher version)

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Fulltext (public)

JMS_40_2003_Hassel.pdf
(Publisher version), 254KB

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Citation

Hassel, A., Höpner, M., Kurdelbusch, A., Rehder, B., & Zugehör, R. (2003). Two Dimensions of the Internationalization of Firms. Journal of Management Studies, 40(3), 705-723. doi:10.1111/1467-6486.00357.


Cite as: https://hdl.handle.net/11858/00-001M-0000-0012-516F-C
Abstract
The paper argues that there are two dimensions of internationalization: one which refers to the production activities of firms abroad and one which focuses on the corporate governance dimension of firms. While the first one is well known in the literature on internationalization, the financial dimension has not yet been addressed empirically. At the same time there are indicators that financial internationalization is gaining importance. Using a sample of the 100 largest German companies it shows that both dimensions, the real and the financial dimension, do not co-vary and therefore cannot be combined into one index.