The effect of geographic internationalization scope on firm performance of EMNEs: the moderating role of board diversity
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2024-07-08
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en
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This thesis examines the impact of geographic internationalization scope on firm performance of EMNEs in BRICS+ countries, and the moderating role of board gender diversity and board nationality diversity. Data were collected from the LSEG and Orbis databases and were analyzed using multiple regression analysis. Results show that greater geographic internationalization scope contributes significantly to improved firm performance of EMNEs. While gender diversity within the board had no significant moderating influence, this could be due to the underrepresentation of women on boards in the sample. However, board nationality diversity was found to have a positive significant moderating role, suggesting that nationality diversity on the board of directors can enhance the benefits of geographic internationalization. The findings highlight the importance of a strategic approach to internationalization and diversity within the board of directors. Future research should seek a larger sample and more data from the BRICS+ and other emerging countries to confirm the generalizability of the results and examine possible inter-country differences.
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Faculteit der Managementwetenschappen