Author
Lee, S., Upneja, A., Özdemir, Özgür, Sun, K.- A.
Publication Date
2014
Publication Place
-
Emerald
Subject
Business expansion scheme, Business performance, Hotels, United States of America
Type
Periodical
Language
English
Digital
Yes
Manuscript
No
Library
Özyeğin University
Library Asset ID
0959-6119
Record ID
510b7f7b-8eee-4264-af0d-b6e458677ef8
Library Location
Hotel Management
Date
2014
Notes
Due to copyright restrictions, the access to the full text of this article is only available via subscription.
Sample Text
Purpose – The purpose of the current study is to investigate the existence of a negative synergy effect of internationalization and firm size on firm performance for publicly traded US hotels.Design/methodology/approach – The study performs the two-way fixed-effects model to investigate the proposed negative synergy effect.Findings – The findings do not support the proposed negative synergy effect, but support the positive synergy effect of internationalization and firm size on performance.Originality/value – This study examines the hypothesis developed based on the agency cost theory using the hotel industry's unique monitoring cost argument. However, findings support the opposite, implicitly suggesting that the hotel's monitoring cost in the international franchising context may not be severe as some expect.
DOI
10.1108/IJCHM-09-2012-0173
Cilt
26
