Abstract
This study seeks to understand the adverse impact of related party transactions (RPTs) on the internationalization of emerging economy firms. The study further explores how a firm's ownership structure moderates the relationship between RPT and internationalization. Based on a sample of 367 Indian manufacturing firms, the study finds that RPTs have a negative influence on internationalization. Business group ownership is found to strengthen the negative relationship between RPTs and internationalization, whereas foreign shareholding weakens this relationship.
| Original language | English (US) |
|---|---|
| Pages (from-to) | 340-352 |
| Number of pages | 13 |
| Journal | Research in International Business and Finance |
| Volume | 48 |
| DOIs | |
| State | Published - Apr 2019 |
All Science Journal Classification (ASJC) codes
- Business, Management and Accounting (miscellaneous)
- Finance
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