http://hdl.handle.net/1765/211
series: ERS-2002-58-ORG

Internationalization Of Management Buyouts


Research Paper
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Multivariate statistical analysis is utilized to explore the association between firm strategies, contributions made by venture capitalists and incentives for owners and employees and three exporting variables in a stratified random sample of 147 management buyouts and buyins. Firms focusing upon a diversified product/ service range and/or advertising were significantly more likely to be exporters. Firms focusing upon product/ service quality and financial efficiency and those with high proportions of employees receiving performance related pay were significantly less likely to be exporters. Manufacturing firms and firms focusing upon a diversified product/ service range and/or advertising were significantly more likely to report high percentages of sales exported. Variations in the proportion of sales exported over time were associated with strategies focused upon product/service quality and a diversified product/ service range.



Keywords


Classifications using Journal of Economic Literature (JEL) Classification System
Automatically Extracted Terms
  • management
  • strategy
  • product
  • mbo /i
  • export
  • venture
  • business
  • market
  • manager
  • intensity
  • mbo /is
  • performance
  • equity
  • wright
  • exporter
  • journal
  • variable
  • service
  • research
  • contribution