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Corporate strategy in a small open economy : Reducing product diversification while increasing international diversification

Bengtsson, Lars LU (2000) In European Management Journal 18(4). p.444-453
Abstract

This study has investigated the changes in corporate strategy and performance in 20 large Swedish MNC's between 1985, 1994 and 1998. It has found a strong pattern of product focusing, increased internationalisation, and a strong increase in accounting-based performance. This development seems to be contrary to former empirical evidence, that international diversification pays off better for more product diversified firms than for less product diversified. This might be due to a country effect; Swedish MNC's having substantial international experience might have created unique internationalising capabilities compared to many other countries' large firms.

Please use this url to cite or link to this publication:
author
organization
publishing date
type
Contribution to journal
publication status
published
subject
keywords
International diversification, International expansion, MNC, Product diversification, Product focusing
in
European Management Journal
volume
18
issue
4
pages
10 pages
publisher
Elsevier
external identifiers
  • scopus:0012985588
ISSN
0263-2373
DOI
10.1016/S0263-2373(00)00033-5
language
English
LU publication?
yes
id
76ca413c-1b73-4f94-a30e-9c8c32caed93
date added to LUP
2019-06-27 10:00:04
date last changed
2020-01-13 02:07:50
@article{76ca413c-1b73-4f94-a30e-9c8c32caed93,
  abstract     = {<p>This study has investigated the changes in corporate strategy and performance in 20 large Swedish MNC's between 1985, 1994 and 1998. It has found a strong pattern of product focusing, increased internationalisation, and a strong increase in accounting-based performance. This development seems to be contrary to former empirical evidence, that international diversification pays off better for more product diversified firms than for less product diversified. This might be due to a country effect; Swedish MNC's having substantial international experience might have created unique internationalising capabilities compared to many other countries' large firms.</p>},
  author       = {Bengtsson, Lars},
  issn         = {0263-2373},
  language     = {eng},
  month        = {01},
  number       = {4},
  pages        = {444--453},
  publisher    = {Elsevier},
  series       = {European Management Journal},
  title        = {Corporate strategy in a small open economy : Reducing product diversification while increasing international diversification},
  url          = {http://dx.doi.org/10.1016/S0263-2373(00)00033-5},
  doi          = {10.1016/S0263-2373(00)00033-5},
  volume       = {18},
  year         = {2000},
}