Leveraging foreign diversification to build firm resilience: A conditional process perspective

IF 5.9 2区 管理学 Q1 MANAGEMENT Journal of International Management Pub Date : 2023-12-01 DOI:10.1016/j.intman.2023.101090
Dominic Essuman , Diana Owusu-Yirenkyi , William Tsiatey Afloe , Francis Donbesuur
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Abstract

Foreign diversification is crucial for risk management, but its role in building resilient international firms is underexplored. This research combines the organizational information processing theory with international business literature to examine how and when foreign diversification relates to firm resilience in the context of SME exporters. The study suggests that while foreign diversification may contribute to firm resilience, foreign market scanning mediates this effect under varying supply chain disruption conditions. An analysis of primary data from 272 SME exporters in Ghana reveals that foreign diversification alone does not explain firm resilience. Instead, the results support the arguments that foreign market scanning positively mediates the foreign diversification – firm resilience relationship, and that this indirect relationship is stronger in highly disruptive supply chain environments. Implications of these findings for international business research and practice are discussed.

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利用国外多元化建立企业弹性:条件过程视角
外资多元化对风险管理至关重要,但其在建立有弹性的国际公司方面的作用尚未得到充分探讨。本研究将组织信息处理理论与国际商业文献相结合,探讨在中小企业出口商的背景下,外国多元化如何以及何时与企业弹性相关。研究表明,虽然国外多元化可能有助于企业的弹性,但在不同的供应链中断条件下,国外市场扫描会中介这种影响。一项对来自加纳272家中小企业出口商的原始数据的分析表明,仅靠外国多元化并不能解释企业的弹性。相反,研究结果支持以下观点:国外市场扫描正中介了国外多元化与企业弹性之间的关系,并且这种间接关系在高度破坏性的供应链环境中更为强烈。讨论了这些发现对国际商业研究和实践的影响。
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来源期刊
自引率
9.80%
发文量
67
审稿时长
81 days
期刊介绍: The Journal of International Management is devoted to advancing an understanding of issues in the management of global enterprises, global management theory, and practice; and providing theoretical and managerial implications useful for the further development of research. It is designed to serve an audience of academic researchers and educators, as well as business professionals, by publishing both theoretical and empirical research relating to international management and strategy issues. JIM publishes theoretical and empirical research addressing international business strategy, comparative and cross-cultural management, risk management, organizational behavior, and human resource management, among others.
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