University of Sussex
Browse
__smbhome.uscs.susx.ac.uk_tjk30_Documents_Carneiro et al 2018 - Slack and Internationalization of Brazilian MNEs .pdf (282 kB)

Organizational slack as an enabler of internationalization: the case of large Brazilian firms

Download (282 kB)
journal contribution
posted on 2023-06-09, 19:25 authored by Jorge Carneiro, Vasiliki BamiatziVasiliki Bamiatzi, S Tamer Cavusgil
In this paper, we address an empirical puzzle. We note that a deliberate and serious drive to internationalize has occurred rather late in the evolution of large Brazilian firms. Meanwhile, and despite their late internationalization, these Brazilian firms expanded rapidly and intently. Despite the rich literature on Emerging Market Multinational Enterprises (EMNEs), there is still much contention on what drives rapid EMNE internationalization, particularly for the less explored firms from Latin America. Using an inductive case study of five leading Brazilian MNEs, we bring new insights on this neglected question. We unveil that the existence of organizational slack (of operational, managerial, and financial nature) can indeed facilitate rapid internationalization, particularly when triggered by unique home country conditions (e.g., regulation; rising cost of doing business at home; exhaustion of profitable growth opportunities in the domestic market).

History

Publication status

  • Published

File Version

  • Accepted version

Journal

International Business Review

ISSN

0969-5931

Publisher

Elsevier

Issue

5

Volume

27

Page range

1057-1064

Department affiliated with

  • Strategy and Marketing Publications

Full text available

  • Yes

Peer reviewed?

  • Yes

Legacy Posted Date

2019-10-22

First Open Access (FOA) Date

2019-10-28

First Compliant Deposit (FCD) Date

2019-10-28

Usage metrics

    University of Sussex (Publications)

    Categories

    No categories selected

    Exports

    RefWorks
    BibTeX
    Ref. manager
    Endnote
    DataCite
    NLM
    DC