The existence of W-shaped relationship between internationalization and firm performance: An empirical study of enterprises in Cameroon

This study aims at investigating the relationship between the degree of internationalization and firm performance in Cameroon. Based on a panel dataset of 114 firms surveyed by the World Bank from 2009 to 2019, the regression results find evidence that there exists a relationship between internation...

Full description

Saved in:
Bibliographic Details
Published inDecision Science Letters Vol. 9; no. 4; pp. 573 - 580
Main Authors Phan, Anh Tu, Tran, Thi Bach Yen, Lu, Thanh Thuy
Format Journal Article
LanguageEnglish
Published Growing Science 01.10.2020
Subjects
cameroon
firm’s performance
internationalization
w-shaped relationship
Online AccessGet full text

Cover

More Information
Summary:This study aims at investigating the relationship between the degree of internationalization and firm performance in Cameroon. Based on a panel dataset of 114 firms surveyed by the World Bank from 2009 to 2019, the regression results find evidence that there exists a relationship between internationalization and performance with respect to the W-shape while the model controls the characteristics of the business environment and firm characteristics. This result has confirmed the impact of internationalization on the firm performance going through 4 stages (W-shaped). We draw a number of implications for the study of internationalization in both theory and practice.
ISSN:1929-5804
1929-5812
DOI:10.5267/j.dsl.2020.7.001