Department of Economics and Business Economics

Corporate risk and external sourcing: A study of Scandinavian multinational firms

Research output: Contribution to journal/Conference contribution in journal/Contribution to newspaperJournal articleResearchpeer-review

Standard

Corporate risk and external sourcing: A study of Scandinavian multinational firms. / Aabo, Tom; Pantzalis, Christos; Sørensen, Helle et al.

In: International Business Review, Vol. 25, No. 6, 2016, p. 1297–1308.

Research output: Contribution to journal/Conference contribution in journal/Contribution to newspaperJournal articleResearchpeer-review

Harvard

Aabo, T, Pantzalis, C, Sørensen, H & Toustrup, MT 2016, 'Corporate risk and external sourcing: A study of Scandinavian multinational firms', International Business Review, vol. 25, no. 6, pp. 1297–1308. https://doi.org/10.1016/j.ibusrev.2016.04.002

APA

Aabo, T., Pantzalis, C., Sørensen, H., & Toustrup, M. T. (2016). Corporate risk and external sourcing: A study of Scandinavian multinational firms. International Business Review, 25(6), 1297–1308. https://doi.org/10.1016/j.ibusrev.2016.04.002

CBE

Aabo T, Pantzalis C, Sørensen H, Toustrup MT. 2016. Corporate risk and external sourcing: A study of Scandinavian multinational firms. International Business Review. 25(6):1297–1308. https://doi.org/10.1016/j.ibusrev.2016.04.002

MLA

Vancouver

Aabo T, Pantzalis C, Sørensen H, Toustrup MT. Corporate risk and external sourcing: A study of Scandinavian multinational firms. International Business Review. 2016;25(6):1297–1308. https://doi.org/10.1016/j.ibusrev.2016.04.002

Author

Aabo, Tom ; Pantzalis, Christos ; Sørensen, Helle et al. / Corporate risk and external sourcing: A study of Scandinavian multinational firms. In: International Business Review. 2016 ; Vol. 25, No. 6. pp. 1297–1308.

Bibtex

@article{4fe466bb43084832b4c680f8cbbea953,
title = "Corporate risk and external sourcing: A study of Scandinavian multinational firms",
abstract = "External sourcing from foreign suppliers is an important aspect of thefirm{\textquoteright}s internationalization. However, data on such sourcing is available from neither databases nor annual reports. Thus, the corporate risk implications of such sourcing have not been studied previously. We obtain the necessarydata by surveying Scandinavian non-financial firms. We find that highly international firms reduce corporate risk by externally sourcing from foreign suppliers both compared to sourcing from own production facilities abroad (due to superior flexibility) and compared to domestic sourcing (due to offsettingcash flows). Our results are statistically significant, are economically meaningful, and have important policy implications.",
keywords = "Corporate risk; Internationalization; External sourcing; Foreign suppliers; Real options",
author = "Tom Aabo and Christos Pantzalis and Helle S{\o}rensen and Toustrup, {Malene Teilmann}",
note = "Corporate risk Internationalization External sourcing Foreign suppliers Real options",
year = "2016",
doi = "10.1016/j.ibusrev.2016.04.002",
language = "English",
volume = "25",
pages = "1297–1308",
journal = "International Business Review",
issn = "0969-5931",
publisher = "Pergamon Press",
number = "6",

}

RIS

TY - JOUR

T1 - Corporate risk and external sourcing: A study of Scandinavian multinational firms

AU - Aabo, Tom

AU - Pantzalis, Christos

AU - Sørensen, Helle

AU - Toustrup, Malene Teilmann

N1 - Corporate risk Internationalization External sourcing Foreign suppliers Real options

PY - 2016

Y1 - 2016

N2 - External sourcing from foreign suppliers is an important aspect of thefirm’s internationalization. However, data on such sourcing is available from neither databases nor annual reports. Thus, the corporate risk implications of such sourcing have not been studied previously. We obtain the necessarydata by surveying Scandinavian non-financial firms. We find that highly international firms reduce corporate risk by externally sourcing from foreign suppliers both compared to sourcing from own production facilities abroad (due to superior flexibility) and compared to domestic sourcing (due to offsettingcash flows). Our results are statistically significant, are economically meaningful, and have important policy implications.

AB - External sourcing from foreign suppliers is an important aspect of thefirm’s internationalization. However, data on such sourcing is available from neither databases nor annual reports. Thus, the corporate risk implications of such sourcing have not been studied previously. We obtain the necessarydata by surveying Scandinavian non-financial firms. We find that highly international firms reduce corporate risk by externally sourcing from foreign suppliers both compared to sourcing from own production facilities abroad (due to superior flexibility) and compared to domestic sourcing (due to offsettingcash flows). Our results are statistically significant, are economically meaningful, and have important policy implications.

KW - Corporate risk; Internationalization; External sourcing; Foreign suppliers; Real options

U2 - 10.1016/j.ibusrev.2016.04.002

DO - 10.1016/j.ibusrev.2016.04.002

M3 - Journal article

VL - 25

SP - 1297

EP - 1308

JO - International Business Review

JF - International Business Review

SN - 0969-5931

IS - 6

ER -