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Download Free PDF. Peter Bakke. A short summary of this paper. Based upon upper echelon and information processing theories, the researchers hypothesized that five CEO characteristics age, tenure, education, international experience, and duality - that is, CEO also as board chairman were significant moderating effects upon international firm performance. Using regression analyses, the researchers concluded that four of the predictors, excluding CEO tenure, had a significant moderating effect upon firm performance.
The rationale for the study was described by the researchers as a need to analyze CEO characteristic attributes because such CEO predictors had not been addressed in previous studies of internationalization and firm performance. Therefore, this study appeared to fill a gap in the literature. The three authors seemed to be a well-balanced team to tackle this particular academic issue.
They individually had well-suited combinations of experience in finance, risk management, and international business. The 88 references for this relatively small study seemed to be excessive, so there is a concern that the authors may have been making up for a lack of recent relevant articles by citing an abundance of older articles and studies. This could have been driven by the perceived gap in the literature, which is frequently seen in this kind of situation.
Breaking new ground in a well-documented topic sometimes has to be performed without the support of recent academic journal articles. It seemed more appropriate that the focus upon internationalization would be better applied to larger enterprises which would be better suited for this CEO study because larger organizations would logically have more abundant resources of all kinds and more experienced CEOs who could better internationalize their businesses versus the small and medium enterprises analyzed by this study.
However, one must realize that Taiwan is a small island nation which must perforce rely upon many international partners for resources, commerce, and labor. The six hypotheses stated in the study appeared to be logically driven by the identified gap in the academic literature.
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