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...
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Published in | Decision Science Letters Vol. 9; no. 4; pp. 573 - 580 |
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Main Authors | , , |
Format | Journal Article |
Language | English |
Published |
Growing Science
01.10.2020
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Subjects | |
Online Access | Get full text |
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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. |
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ISSN: | 1929-5804 1929-5812 |
DOI: | 10.5267/j.dsl.2020.7.001 |