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Identifying and explaining epochs of internationalization: a case study
Author(s) -
Eckert Stefan,
Mayrhofer Ulrike
Publication year - 2005
Publication title -
european management review
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.784
H-Index - 32
eISSN - 1740-4762
pISSN - 1740-4754
DOI - 10.1057/palgrave.emr.1500040
Subject(s) - internationalization , multinational corporation , german , corporation , business , accounting , process (computing) , business administration , power (physics) , empirical research , international trade , finance , linguistics , philosophy , physics , epistemology , quantum mechanics , computer science , operating system
Abstract This research investigates the internationalization process of multinational corporations. The authors identify international epochs that profoundly characterize the internationalization process of companies and explain their emergence. Based on a longitudinal case study of the German company Hoechst and its merger with the French company Rhône‐Poulenc to Aventis, the empirical analysis reveals that international epochs are initiated by significant changes in the power structure of the corporation, such as the appointment of a new CEO or a corporate merger.