Publikacja:

International Experts’ Influence on Company Internationalization

Data

2021
Artykuł
 
cris.legacyid6944
cris.virtual.journalance#PLACEHOLDER_PARENT_METADATA_VALUE#
cris.virtualsource.journalancedc92c553-0411-4522-97d5-b7ef33169392
dc.abstract.plPurpose: The article evaluates the associative relationship between international supervisory board experts and foreign ownership, along with the experts’ influence on the financial and operating performance of firms. The study was based on data collected for 257 companies listed on the Warsaw Stock Exchange in 2010–2015. Methodology: The dataset was built as a panel, and then generalized least squares regression models with a fixed or random effect were employed to test hypotheses. Findings: The findings of the study clearly show that the presence of investigated firms in foreign markets positively affects company performance. Moreover, models with dependent variables ROA and ROS show that supervisory board members with foreign experience positively affect profitability indicators of firms that do not operate on foreign markets. The data analyses reveal that international experts are more effective advisors for companies that conduct no business activities on foreign markets. Furthermore, the results show a positive moderate association between the share of international experts in supervisory boards and the share of foreign ownership in the company. Originality: The article contributes to the understanding of determinants and consequences of the presence of international experts in supervisory boards and company internationalization.
dc.contributor.affiliationKozminski University
dc.contributor.authorGrygorii Kravchenko
dc.date.accessioned2025-07-25T16:02:47Z
dc.date.available2025-07-25T16:02:47Z
dc.date.issued2021
dc.date.published12/2021
dc.description.issue4
dc.description.physical57-90
dc.description.volume29
dc.identifier.doi10.7206/cemj.2658-0845.60
dc.identifier.issn2658-0845
dc.identifier.urihttps://repozytorium.kozminski.edu.pl/handle/item/1687
dc.languageen
dc.relation.ispartofCentral European Management Journal
dc.relation.pages57-90
dc.rightsCC-BY-4.0
dc.subjectinternational experts
dc.subjectcompany internationalization
dc.subjectforeign ownership
dc.subjectfirm financial and operating performance
dc.subtypeOriginal
dc.title

International Experts’ Influence on Company Internationalization

dc.typeArticle
dspace.entity.typePublication