Date of Award
2021
Document Type
Dissertation
Degree Name
Ph.D.
Department
Business
First Advisor
Daniel W. Baack
Second Advisor
Tricia D. Olsen
Third Advisor
Michael S. Nalick
Keywords
Internationalization, Microfoundations, Political ideology, Risk taking
Abstract
This study answers rising calls in International Business to employ a microfoundations approach for greater insight on differences in managerial cognition for entering business in high-risk locations. Consequently, findings challenge the Uppsala model’s longstanding stance concerning the risk-internationalization association governed by strict firm-level analysis. I examine CEO decision-making through the lens of their values, represented by their political ideology score along the liberal-conservative continuum, to offer greater predictability for rationalizing strategic choices. Accordingly, political ideology proved a significant predictor for explaining the circumstances in which CEOs elect high-risk locations based on their political ideology’s degree of liberalism. Additionally, its interactions with prominent predictors, such as managerial discretion and compensation incentives, underscore how these influences are perceived differently between liberals and conservatives’ perception of risk.
Publication Statement
Copyright is held by the author. User is responsible for all copyright compliance.
Recommended Citation
Merli, John P., "Microfoundations Approach to Risk and Uncertainty in the Uppsala Internationalization Process" (2021). Electronic Theses and Dissertations. 1962.
https://digitalcommons.du.edu/etd/1962
Provenance
Received from ProQuest
Rights holder
John P. Merli
File size
116 pgs
Copyright date
2021
File format
application/pdf
Language
en
Discipline
Business administration