Exploring Risk Perception and Degree of Internationalization of Brazilian Small-and-Medium Enterprises

Journal Title: BAR: Brazilian Administration Review - Year 2018, Vol 15, Issue 1

Abstract

This research investigates managerial risk perception regarding internationalization of small and medium-sized enterprises in the Brazilian context. We examine how managers’ perception of risk influences firms’ degrees of internationalization. Likewise, we assessed how risk perception is influenced by managers’ cognitive traits, such as tolerance for ambiguity and cognitive style. We provided empirical evidence for the relationships we proposed through a partial least squares structural equation model with data gathered from a survey of 149 SMEs from the State of Paraná, Brazil. Our results suggest that managers’ tolerance for ambiguity is only significant for explaining risk perception for the managers with a preference for a deliberative style. Still, the research suggests that the Brazilian SMEs in our sample presented a higher degree of internationalization even when their managers perceived higher levels of risk.

Authors and Affiliations

Bonfim, Leandro Rodrigo Canto; Silva, Gabrielle Ribeiro Rodrigues; Prado, Paulo Henrique Müller; Abib, Gustavo

Keywords

Related Articles

The Organizational Change Process: Its Influence on Competences Learned on the Job

This study was developed in a Brazilian court that was subjected to the introduction of e-process, and bears the following objectives: (a) describe the context of changes in terms of planning and perceived risk degree;...

Antecedents and Consequences of Market Orientation: a Brazilian Meta-Analysis and an International Mega-Analysis

Market orientation has emerged as a significant antecedent of organizational performance and is presumed to contribute to the long-term success of a firm. The growing number of academic studies on market orientation an...

Make or Buy in a Mature Industry? Models of Clientsupplier Relationships under TCT and RBV Perspectives

In this paper, we use the transaction cost theory [TCT] and the resource-based view [RBV] to discuss three propositions on the models of client-supplier relationships in mature industries. The two theories seem to adva...

The Relevance of Tag along Rights and Identity of Controlling Shareholders for the Price Spreads between Dual-Class Shares: the Brazilian Case

This paper analyzes the determinants of the differential pricing of equity classes (the so-called dual-class premium [DCP]) in Brazil from 1995 to 2006 with a focus on two specific corporate governance aspects: i) the...

The Role of Experiential Knowledge and Subsequent Investment Decisions on the Profitability of Japanese Companies in Brazil

This study attempts to empirically investigate how firms’ experiential knowledge and the decision to invest sequentially in the host country are associated with the performance of their overseas subsidiaries. This resea...

Download PDF file
  • EP ID EP40657
  • DOI http://dx.doi.org/10.1590/1807-7692bar2018170058
  • Views 250
  • Downloads 0

How To Cite

Bonfim, Leandro Rodrigo Canto; Silva, Gabrielle Ribeiro Rodrigues; Prado, Paulo Henrique Müller; Abib, Gustavo (2018). Exploring Risk Perception and Degree of Internationalization of Brazilian Small-and-Medium Enterprises. BAR: Brazilian Administration Review, 15(1), -. https://europub.co.uk/articles/-A-40657