Russian Roulette:Survival of Foreign SMEs in Emerging Economies During Crisis -Evidence from Romania
Journal Title: Journal of Business Management & Economics - Year 2017, Vol 5, Issue 8
Abstract
The survival circumstances for foreign SMEs in emerging economies during an economic crisis are extremely difficult. In this research we focus on examining underlying firm and corporate level characterisctics, which are not affected directly by strategic decisions, as a response to the crisis among foreign SMEs operating across12 industries in Romania.Our empirical findings show thatthe type of industry, the country of origin, the industrial development and political systems of home and host countries have a significant relationship to the companies’ survival. These findings indicate the increasing intricacy of the relationships between various host economies, players of economic origins but also political institutions, as well as underline the global interconnectedness and home-host dynamics wave effects.
Authors and Affiliations
Cosmina Lelia Voinea
Keywords
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- EP ID EP321236
- DOI 10.15520/jbme.2017.vol5.iss8.264.pp01-13
- Views 49
- Downloads 0
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