A Conceptual Framework of Internationalization of Family Business Groups: Turkey Context

Abstract

Resource exploration has been seen as the main reason for the accelerated internationalization of emerging market firms. However, despite their specific contexts and organizational forms, emerging market multinational companies (EM MNCs) literature underestimated the context-specific factors and their effect on foreign direct investment activity so far. EM MNCs in those markets may have their own firm-specific resources that fit their institutional contexts and can eliminate transaction costs, which result from those contexts. For instance, Business Groups (BG) with their unique attributions would have a hybrid internationalization model like their forms, in those markets. This study will try to propose a multi-theoretical perspective, which includes resource, transaction costs and institution-based views for internationalization of family BGs (FBG), which is a dominant form of organizing in Turkey. Hence, the determinants of the internationalization level of FBG will be discussed from different perspectives and proposed.

Keywords

• Emerging Markets,Business Groups,Turkey,Internationalization

Aile İşletme Gruplarının Uluslararasılaşmasına Dair Kavramsal Bir Çerçeve: Türkiye Bağlamı

Abstract

Kaynak arayışı gelişen ülke şirketlerinin ivmeli bir şekilde uluslararasılaşmasını etkileyen en temel nedenlerden biri olarak görülmektedir. Fakat kendilerine özgü bağlam ve yapıları olmasına rağmen, gelişen ülke çok uluslu şirketleri ile ilgili mevcut akademik çalışmalar, bağlamsal faktörleri ve bunların bu şirketlerin doğrudan yabancı yatırımlarına etkisini göz ardı etmiştir. Gelişen ülke çok uluslu şirketleri, bu ülkelerin bağlamlarından dolayı ortaya çıkan bazı yüksek işlem maliyetlerini azaltabilir ve kendi kurumsal çevrelerine özgü firma kaynaklarına sahip olabilirler. Dolayısıyla benzer şekilde, işletme gruplarının kendilerine has özellikleri nedeniyle melez bir uluslararasılaşmaya sahip olacaklarını da varsaymak mümkündür. Bu çalışma kaynak, işlem maliyeti ve kurumsal temelli yaklaşımların ışığında Türkiye’deki baskın örgütlenme şekli olan aile işletme gruplarının uluslararasılaşmasını incelemekte ve bu grupların uluslararasılaşma düzeyini etkileyen faktörleri bu kuramsal yaklaşımlar çerçevesinde irdeleyerek tartışmakta ve öneriler sunmaktadır. 

Keywords

• Gelişen Ülkeler,İşletme Grupları,Türkiye,Uluslararasılaşma

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