Internationalization and firm performance of SMEs: The moderating effects of CEO attributes

This paper examines the impact of CEO attributes on the internationalization–performance relationships of SMEs. Based on the upper echelons and information processing theories, we argue that CEOs play an important role in the internationalization of SMEs. Furthermore, some of the attributes of CEOs...

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Veröffentlicht in:	Journal of world business : JWB 2013-01, Vol.48 (1), p.1-12
Hauptverfasser:	Hsu, Wen-Tsung, Chen, Hsiang-Lan, Cheng, Chia-Yi
Format:	Artikel
Sprache:	eng
Schlagworte:	CEO attributes Chief executive officers Financial performance Globalization Information processing Information processing capability Internationalization Level of education Organizational effectiveness Small & medium sized enterprises-SME Small and medium sized enterprises Studies Taiwan
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Beschreibung
Zusammenfassung:	This paper examines the impact of CEO attributes on the internationalization–performance relationships of SMEs. Based on the upper echelons and information processing theories, we argue that CEOs play an important role in the internationalization of SMEs. Furthermore, some of the attributes of CEOs who have a greater information processing capability have positive moderating effects on the internationalization–performance relationship. Using panel data of 187 Taiwanese SMEs that expanded abroad, we find that age, educational level, international experience, and duality of the CEO have moderating effects on the relationship between internationalization and firm performance.
ISSN:	1090-9516 1878-5573
DOI:	10.1016/j.jwb.2012.06.001