Essuman, D. orcid.org/0000-0003-1838-2505, Owusu-Yirenkyi, D., Afloe, W.T. et al. (1 more author) (2023) Leveraging foreign diversification to build firm resilience: a conditional process perspective. Journal of International Management, 29 (6). 101090. ISSN 1075-4253
Abstract
Foreign diversification is crucial for risk management, but its role in building resilient international firms is underexplored. This research combines the organizational information processing theory with international business literature to examine how and when foreign diversification relates to firm resilience in the context of SME exporters. The study suggests that while foreign diversification may contribute to firm resilience, foreign market scanning mediates this effect under varying supply chain disruption conditions. An analysis of primary data from 272 SME exporters in Ghana reveals that foreign diversification alone does not explain firm resilience. Instead, the results support the arguments that foreign market scanning positively mediates the foreign diversification – firm resilience relationship, and that this indirect relationship is stronger in highly disruptive supply chain environments. Implications of these findings for international business research and practice are discussed.
Metadata
Item Type: | Article |
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Authors/Creators: |
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Copyright, Publisher and Additional Information: | © 2023 The Author(s). Published by Elsevier Inc. This is an open access article under the CC BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/). |
Keywords: | global supply chain disruptions; internationalization; organizational resilience; organizational information processing theory; international SMEs |
Dates: |
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Institution: | The University of Sheffield |
Academic Units: | The University of Sheffield > Faculty of Social Sciences (Sheffield) > Management School (Sheffield) |
Depositing User: | Symplectic Sheffield |
Date Deposited: | 30 Oct 2023 16:23 |
Last Modified: | 29 Oct 2024 15:49 |
Status: | Published |
Publisher: | Elsevier |
Refereed: | Yes |
Identification Number: | 10.1016/j.intman.2023.101090 |
Open Archives Initiative ID (OAI ID): | oai:eprints.whiterose.ac.uk:204599 |