caa a22 4500 445862769 CHVBK 20180317145448.0 cr unu---uuuuu 170323e20110801xx s 000 0 eng 10.1007/s10997-009-9112-y doi (NATIONALLICENCE)springer-10.1007/s10997-009-9112-y The role of firm ownership on internationalization: evidence from two transition economies [Elektronische Daten] [Bersant Hobdari, Aleksandra Gregoric, Evis Sinani] This paper investigates how different types of owners influence the extent of firm internationalization, measured by the share of firm exports in total sales. The results of the analysis carried out using firm level data of Estonian and Slovenian firms, show that the firms under the control of the insider owners are, on average, more internationalized. State control, on the other hand, hampers internationalization efforts. Further, more productive firms, larger firms, more capital-intensive firms and those with high level of investment in both fixed capital and R&D are more successful in internationalization process. Finally, high market share also leads to increased internationalization through exports as firms seek to expand in foreign markets after having dominated the domestic ones. Springer Science+Business Media, LLC., 2009 Internationalization nationallicence Exporting nationallicence Insider ownership nationallicence Foreign ownership nationallicence State ownership nationallicence Panel data nationallicence Hobdari Bersant Department of International Economics and Management, Copenhagen Business School, Porcelaenshaven 24, 2000, Frederiksberg, Denmark aut Gregoric Aleksandra Department of International Economics and Management, Copenhagen Business School, Porcelaenshaven 24, 2000, Frederiksberg, Denmark aut Sinani Evis Department of International Economics and Management, Copenhagen Business School, Porcelaenshaven 24, 2000, Frederiksberg, Denmark aut Journal of Management & Governance Springer US; http://www.springer-ny.com 15/3(2011-08-01), 393-413 1385-3457 15:3<393 2011 15 10997 https://doi.org/10.1007/s10997-009-9112-y text/html Onlinezugriff via DOI 1 research-article jats NATIONALLICENCE 856 40 https://doi.org/10.1007/s10997-009-9112-y text/html Onlinezugriff via DOI NATIONALLICENCE 700 1- Hobdari Bersant Department of International Economics and Management, Copenhagen Business School, Porcelaenshaven 24, 2000, Frederiksberg, Denmark aut NATIONALLICENCE 700 1- Gregoric Aleksandra Department of International Economics and Management, Copenhagen Business School, Porcelaenshaven 24, 2000, Frederiksberg, Denmark aut NATIONALLICENCE 700 1- Sinani Evis Department of International Economics and Management, Copenhagen Business School, Porcelaenshaven 24, 2000, Frederiksberg, Denmark aut NATIONALLICENCE 773 0- Journal of Management & Governance Springer US; http://www.springer-ny.com 15/3(2011-08-01), 393-413 1385-3457 15:3<393 2011 15 10997 Metadata rights reserved Springer special CC-BY-NC licence nationallicence BK010053 XK010053 XK010000 NATIONALLICENCE NATIONALLICENCE NL-springer