Internationalization as a strategy for small and medium‐sized enterprises and the impact of regulatory environment: An emerging country perspective

Rahman, Mahfuzur; Akter, Mansura; Radičić, Dragana

doi:10.1002/bsd2.90

Cited by 15 publications

(26 citation statements)

References 67 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…Thus, competitive advantage is confirmed as a significant factor in the context of non-financial impacts of internationalisation for the SMEs in Bangladesh (Table 6). By empirical support, this study, therefore, supports the view of the studies to identify competitive advantage as an important impact of internationalisa tio n Rahman et al, 2020;Mendy & Hack-Polay, 2018). Similarly, the association between better reputation and non-financial impact of internationalisation (β =0.693) was significant at p < 0.001.…”

Section: Discussionsupporting

confidence: 82%

“…Thus, new knowledge is confirmed as a significant factor in the context of non-financial impacts of internationalisation for the SMEs in Bangladesh (Table 6). By empirical findings, this study, therefore, extends the view of the studies to identify new knowledge as an important impact of internationalisation (see, Mendy & Hack-Polay, 2018;Rahman, et al, 2020).…”

Section: Discussionmentioning

confidence: 64%

“…Despite this important relationship between sales growth and SME internationalisation, literature is still short of a consensual state. While some of the studies (Rahman, et al, 2020;Moen, Heggeseth & Lome, 2016;) identify higher sales as an important outcome of internationalisation, other studies (Albaum & Tse, 2001;Ling-yee & Ogunmokun, 2001;Lu & Beamish, 2006) do not support that positive impact.…”

Section: Hypothesis Developmentmentioning

confidence: 99%

See 2 more Smart Citations

Dynamic capability of the firm: analysis of the impact of internationalisation on SME performance in an emerging economy

Rahman

Hack‐Polay

Shafique

et al. 2021

IJOEM

Self Cite

View full text Add to dashboard Cite

PurposeInternationalisation is considered as a key strategy for the growth of Small and Medium Enterprises (SMEs). The purpose of this paper is to examine the relationship between dynamic capability, SMEs internationalisation and firm performance in the context of emerging economies and to evaluate the impact of financial, asset and market expansion on internationalisation of SMEs.Design/methodology/approachUsing primary data from 212 SMEs from Bangladesh, structural equation modelling and mathematical (hierarchical reflective) model, the analysis enabled the measurement of the casual relationship on the impacts of internationalisation.FindingsThe results revealed that internationalisation of SMEs has significant impact on both financial and non-financial performance of SMEs in an emerging economy- Bangladesh. The paper found internationalisation impacts on two dimensions (financial and non-financial) with eight defined indicators – higher sales, higher profit, assets maximisation, market expansion, competitive advantage, better reputation, better customer service and added knowledge.Originality/valueDespite several studies that examine the relationship between SME internationalisation and firm performance, limited research exists on emerging economies. This is contrary to the fact that SMEs are one of the main vehicles for growth in those economies such as Bangladesh. In this research, the authors use the theories of dynamic capabilities to conceptualise how internationalisation becomes a core SME capability for SMEs in an emerging economy.

show abstract

Section: Discussionsupporting

confidence: 82%

Section: Discussionmentioning

confidence: 64%

Section: Hypothesis Developmentmentioning

confidence: 99%

See 1 more Smart Citation

Dynamic capability of the firm: analysis of the impact of internationalisation on SME performance in an emerging economy

Rahman

Hack‐Polay

Shafique

et al. 2021

IJOEM

Self Cite

View full text Add to dashboard Cite

show abstract

“…Large firms have more or less succeeded in overcoming the deployment procedural problems (Teo and Singh, 2007) through heavy investments in the information technology (IT) infrastructure (Maamari and Chaanine, 2018), which is not the case of resource constraint Small and Medium Enterprises (SMEs) (Rahman et al, 2020). In addition, further quantitative and empirical work is needed to increase our understanding about the successful implementation of HRIS and its implications on job outcomes, such as employee engagement, job involvement and job satisfaction.…”

Section: Introductionmentioning

confidence: 99%

The effect of HRIS implementation success on job involvement, job satisfaction and work engagement in SMEs

Maamari

Osta

2021

IJOA

View full text Add to dashboard Cite

Purpose The purpose of the study is to highlight the effect of human resources information systems (HRISs) implementation success on the job involvement, job satisfaction and work engagement of the employees in small and medium enterprises (SMEs). Design/methodology/approach Following an investigative study, a quantitative research is done with a positivist approach. A sample of 1,082 responses from 163 SMEs in different economic sectors is analyzed using statistical package for social sciences and structural equation modelling. Findings The results show that HRIS successful implementation explains the variation in job involvement and work engagement to a limited extent while it does highly affect employees’ job satisfaction. Moreover, the correlation between job involvement and both HRIS implementation success and job satisfaction is negative. Research limitations/implications The researchers were not able to conduct intersector analysis for differences among economic sectors. Existing gender differences in job involvement, work engagement and job satisfaction are hinted to and need further analysis. Practical implications The HRIS users with higher educational background tend to display a more open approach toward using the system and seeing the system’s implementation succeed. Tenured managers display low enthusiasm toward HRIS success, although being highly involved and engaged in the SME’s life. This provides for not only a steady work-flow but also fosters resistance to change. The successful implementation of the HRIS is a new dimension in the hands of managers at work, facilitating their supervisor work routines and affecting employees’ satisfaction, involvement and engagement. Social implications The HRIS success allows more flexibility at the supervisor level of daily work, opening a window toward flexible working hours and indirect supervision. It allows users some freedom and flexibility and the application of their own ethical beliefs when self-reporting. Originality/value Although most research looks at corporations and the factors leading to HRIS implementation success, this study goes beyond the implementation to dwell into Small and Medium Enterprises (SMEs), looking at HRIS after its implementation success, as a potential tool for motivating, involving and engaging employees.

show abstract

“…Unlike the institutional environments of developed economies, that of Bangladesh resembles those of other emerging economies, with a weak rule of law (La Porta, Lopez-de-Silanes, & Shleifer, 1999), poor financial transparency, government intervention in business activities (Fan, Wei, & Xu, 2011), weak investor protection (La Porta, Lopez-de-Silanes, Shleifer, & Vishny, 2000), inappropriate industrial policies (Rahman, Billah, & Hack-Polay, 2019), endemic corruption and political instability (Khan, 2003;Rahman, Akter, & Radicic, 2020). 1 Surprisingly, with feeble institutional arrangements and a high corruption index (TIB, 2017), 2 the Bangladeshi economy has grown strongly for more than a decade.…”

Section: Introductionmentioning

confidence: 99%

Corporate governance reform and overstatement of compliance: Illustrations from an emerging economy

2020

Self Cite

View full text Add to dashboard Cite

This paper examines the effect of corporate governance (CG) reform on the window dressing of compliance in the context of an emerging economy, Bangladesh. In particular, this study investigates the true level of compliance concerning the three internal governance mechanisms, such as board independence, CEO duality and formation of audit committee before and after the reform enacts. By using content analysis of 194 non-financial listed companies between 2007 and 2017, this study observes the extent of overstatements in compliance statements along with the nature of firms that are involved in it. After the regulatory shift in 2012, requiring more independent directors into the board and external certification of compliance statements, it was found that the extent of window dressing in compliance statements declined considerably over time. Moreover, government firms are found to make more proportionate overstatements compared to family and others (non-family and foreign companies). counterparts. The fall in window dressing indicates that the companies' fabricating efforts in CG compliance are challenged by the regulatory change in a formal legal environment.

show abstract

Internationalization as a strategy for small and medium‐sized enterprises and the impact of regulatory environment: An emerging country perspective

Cited by 15 publications

References 67 publications

Dynamic capability of the firm: analysis of the impact of internationalisation on SME performance in an emerging economy

Dynamic capability of the firm: analysis of the impact of internationalisation on SME performance in an emerging economy

The effect of HRIS implementation success on job involvement, job satisfaction and work engagement in SMEs

Corporate governance reform and overstatement of compliance: Illustrations from an emerging economy

Contact Info

Product

Resources

About