title: Internationalization of the State-Owned Enterprises: Evidence from Russia
metadata.name: dc.contributor.author
metadata.value: Panibratov, A.
metadata.lang: -
metadata.name: dc.contributor.author
metadata.value: Klishevich, D.
metadata.lang: -
metadata.name: dc.date.accessioned
metadata.value: 2018-12-11T09:48:58Z
metadata.lang: -
metadata.name: dc.date.available
metadata.value: 2018-12-11T09:48:58Z
metadata.lang: -
metadata.name: dc.date.issued
metadata.value: 2018
metadata.lang: -
metadata.name: dc.identifier.uri
metadata.value: http://hdl.handle.net/11701/15116
metadata.lang: -
metadata.name: dc.description.abstract
metadata.value: State-owned enterprises are considered an important phenomenon in the contemporary international business research which has a particular focus on the internationalization of such companies. The most prominent examples of globalizing state companies are the enterprises from emerging markets, whose economies are traditionally shaped a lot by the state influence and where historical legacy still influences the development
  of economy. This study examines the relationship of the state ownership and internationalization which is still far from being clear, since research on this topic produced controversial results. The controversy may be grounded in the different contexts where state companies operate. We study the Russian state companies, that are the least studied among the emerging market countries, and promise to reveal the insights on the internationalization strategies of SOEs. We examine the association of the state ownership degree and the
  internationalization level on the sample of state- and private-owned enterprises that are the 250 largest Russian exporters for the 4 years from 2013 to 2016. The results indicate that state ownership degree is negatively associated with the internationalization intensity, but only in case of the indirect state ownership, which we explain with the argumentation of the public agenda that companies pursue indirectly. Russian state companies are considered to have both commercial and strategic goals, and the latter may be connected to the geopolitical aspirations of the government. Firms with indirect state affiliation are used by the government as a
  leverage to reach non-market goals. Thus, the state pursues strategic (as opposed to commercial) agenda indirectly.
metadata.lang: en_GB
metadata.name: dc.language.iso
metadata.value: en
metadata.lang: en_GB
metadata.name: dc.publisher
metadata.value: Graduate School of Management, St. Petersburg University
metadata.lang: en_GB
metadata.name: dc.relation.ispartofseries
metadata.value: #13 (E)–2018;
metadata.lang: -
metadata.name: dc.subject
metadata.value: internationalization
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: state-owned enterprises
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: multinational enterprise
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: MNC
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: Russia
metadata.lang: en_GB
metadata.name: dc.title
metadata.value: Internationalization of the State-Owned Enterprises: Evidence from Russia
metadata.lang: en_GB
metadata.name: dc.type
metadata.value: Working Paper
metadata.lang: en_GB
resources.filename: Panibratov, Klishevich_WP_13-2018.pdf
resources.url: https://dspace.spbu.ru/bitstream/11701/15116/1/Panibratov%2c%20Klishevich_WP_13-2018.pdf
resources.format: Adobe PDF
resources.size: 379,27 kB