Internationalization and Firm Performance of Companies Listed at the Warsaw Stock Exchange

• Autorzy: Mariusz Jan Radło , Dorota Ciesielska-Maciągowska

Warianty tytułu

Umiędzynarodowienie a rentowność spółek notowanych na GPW

• Języki publikacji: EN

Abstrakty

EN

The goal of this study was to assess the impact of the internationalization on the performance of companies in Poland. This paper adds value to the existing research in three areas. Firstly, it tests the hypotheses of a linear, U-shaped and S-shaped relationship between internationalization and company performance as well as shed additional light on this relationship. Secondly, it verifies the mentioned relationship using data for companies listed at the Warsaw Stock Exchange which are still in most cases on early stage of internationalization. Thirdly, the paper contributes to the discussion about the role of corporate structures in economic development of post-transition economies. The results of our study confirmed that there is the S-shaped relationship between multinationality and performance, however, the precise shape of S-curve obtained in our analysis is different that presented in similar studies.(original abstract)

Celem niniejszego rozdziału jest dokonanie oceny wpływu umiędzynarodowienia przedsiębiorstw na ich rentowność, a także podjęcie próby odpowiedzi na pytanie jak umiędzynarodowienie wpływa na polskie przedsiębiorstwa. Wyniki przeprowadzonych badań potwierdzają S-kształtną zależność pomiędzy badanymi zmiennymi, co jest zbieżne z wynikami innych badań poświęconych temu zagadnieniu, jednakże kształt otrzymanej krzywej jest odmienny niż w dostępnej literaturze poświęconej temu zagadnieniu.(abstrakt oryginalny)

Słowa kluczowe

EN

Enterprise internationalization; Enterprise profitability; Stock market companies; Financial performance; S-Curve

PL

Internacjonalizacja przedsiębiorstw; Rentowność przedsiębiorstwa; Spółki giełdowe; Wynik finansowy; Krzywa S

• Czasopismo: Ekonomika i Organizacja Przedsiębiorstwa
• Rocznik: 2015
• Numer: nr 11
• Strony: 92--102

Twórcy

autor

Mariusz Jan Radło

• Warsaw School of Economics, Poland

autor

Dorota Ciesielska-Maciągowska

• Warsaw School of Economics, Poland

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