“…the USA) and the effect of CS on firm performance (Eccles, Ioannou, & Serafeim, ; Moon, Bae, & Jeong, ). However, the relationship between internationalization and the CS of EMNEs is largely unexplored even in current literature on internationalization (Geleilate, Magnusson, Parente, & Alvarado‐Vargas, ; Marano, Arregle, Hitt, Spadafora, & van Essen, ). This research gap must be filled urgently given that EMNEs have attracted increasing attention from international business scholars (Chittoor, Aulakh, & Ray, ; Gammeltoft, Filatotchev, & Hobdari, ; Guillen, ; Jormanainen & Koveshnikov, ; Meyer, 2004).…”