Show Summary Details

Page of

PRINTED FROM OXFORD HANDBOOKS ONLINE ( © Oxford University Press, 2018. All Rights Reserved. Under the terms of the licence agreement, an individual user may print out a PDF of a single chapter of a title in Oxford Handbooks Online for personal use (for details see Privacy Policy and Legal Notice).

date: 23 February 2020

Abstract and Keywords

In this article, we explore Asian strategic behaviors and firm performance outcomes that business systems theory suggests are related to a country’s institutions. Based on a review of mainstream management and business journal publications, we identified four salient Asian strategic behaviors: internationalization strategies, network-based strategies, diversification and acquisition strategies, and ownership strategy. Using firm-level panel data, this article found that between 1997 and 2010, indigenous firm performance varied significantly across countries in Asia: Chinese firms had the highest mean and growth but the lowest skewness in performance, whereas the opposite was found for Japanese firms. Firms in other Asian countries fell between the two. This article also found that performance means were negatively associated with skewness, which was in turn significantly influenced by macro-economic conditions. This article contributes to the literature on business systems and varieties of capitalism as well as on international strategic management.

Keywords: strategy and firm performance, Asia, business systems, varieties of capitalism, institutions

Access to the complete content on Oxford Handbooks Online requires a subscription or purchase. Public users are able to search the site and view the abstracts and keywords for each book and chapter without a subscription.

Please subscribe or login to access full text content.

If you have purchased a print title that contains an access token, please see the token for information about how to register your code.

For questions on access or troubleshooting, please check our FAQs, and if you can''t find the answer there, please contact us.