“…However, as mounting empirical evidence demonstrates (e.g., Novkovic & Sena, 2007;McMurtry & Reed, 2009;Siebel, 2016), globalization pressures have pushed many co-ops to go global through the setting-up of subsidiaries, thus turning into multinational companies (MNCs). In this context, a burgeoning literature about multinational co-ops has emerged, chiefly focusing on business issues such as the degree of internationalization (Heyder, Makus, & Theuvsen, 2011;Bijman, Pyykkönen, & Ollila, 2014), strategies followed to access foreign markets (Pérez-Suárez & Espasandín-Bustelo, 2014;Bijman et al, 2014;Pérez-Suárez, Sánchez-Torné, & Espasandín-Bustelo, 2017), enhanced economic performance and competitiveness (Amat & Perramon, 2011;Heyder et al, 2011), or organizational and commercial innovations achieved through global expansion and networking (Juliá, Meliá, & García-Martínez, 2012;Pérez-Suárez & Espasandín-Bustelo, 2014).…”