Impact of Internationalization on Firm Performance in Emerging Markets with Home Country Uncertainty and Region of Expansion as Moderating Variables 2009-2017
- 10.2991/assehr.k.210531.080How to use a DOI?
- Internationalization, Firm Performance, Home Country Uncertainty, Region of Expansion
This study determines the influence of internationalization on the performance of firms in Indonesia, Philippines, and Malaysia. This study also determines whether home country uncertainty and region of expansion strengthen relations between internationalization and firm performance. This study uses generalized least square (GLS) unbalanced panel data with annual data for 2009–2017. Results show a positive and significant influence of internationalization on firm performance. Home country uncertainty (political risk and level of corruption) as independent variables positively and significantly affect firm performance. As moderating variables, political risk and level of corruption have different significant influences. Political risk negatively affects firm performance, whereas level of corruption exerts positive effects. As moderating variable, regional expansion exerts significant influence only on level of corruption, whereas non-regional expansion significantly affects on level of corruption and political risk.
- © 2021, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Arin Nadiyah Amany AU - Wardatul Adawiyah PY - 2021 DA - 2021/05/31 TI - Impact of Internationalization on Firm Performance in Emerging Markets with Home Country Uncertainty and Region of Expansion as Moderating Variables 2009-2017 BT - Proceedings of the Asia-Pacific Research in Social Sciences and Humanities Universitas Indonesia Conference (APRISH 2019) PB - Atlantis Press SP - 644 EP - 652 SN - 2352-5398 UR - https://doi.org/10.2991/assehr.k.210531.080 DO - 10.2991/assehr.k.210531.080 ID - Amany2021 ER -