What Stops the Internationalization of Emerging Market Multinational Corporation (EMNCs): Designing a Strategic Framework for Global Business

Authors

  • Muhammad Awais
  • Sayed Fayaz Ahmad
  • Luigi Pio Leonardo Cavaliere

DOI:

https://doi.org/10.47059/revistageintec.v11i4.2450

Abstract

The aim of the study is to formulate strategic guidelines for organizations to achieve successful globalization. The study is mainly focused on organizations for emerging markets or underdeveloped economies that have the capacity to grow globally and capture international market share. In order to achieve the objectives of the study, a questionnaire has been adopted and data was collected from a business market. Regression analysis, Pearson correlation, and descriptive analysis have been applied to collected data. Results of the study reveal that all of the three variables Foreign Regulations (FR), Institution support (IS), and Corporate Strengths and Competencies (CSC) have a positive and significant relationship with corporate globalization. Results of the study may be used for the strategy formulations process for globalization and companies may adopt the results for strategic decision-making.

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Published

2021-08-09

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Section

Articles