Global Integration Strategies In Times Of Crisis - An Event Study Of The Impact The Global Financial Crisis Has On Turkish Subsidiaries' Exporting Strategies

dc.contributor.authorJensen, Camilla
dc.date.accessioned2019-06-27T08:01:36Z
dc.date.available2019-06-27T08:01:36Z
dc.date.issued2017
dc.departmentFakülteler, İktisadi, İdari ve Sosyal Bilimler Fakültesi, Ekonomi Bölümüen_US
dc.description.abstractPast research suggests that a financial crisis event has a dual and ambiguous effect on the exporting strategy of subsidiaries of multinational firms in a value chain and offshoring perspective. From a total volume perspective exports are expected to contract due to a decline in demand (demand shock) from other subsidiaries downstream in the value chain. While in a comparative perspective multinational subsidiaries are found to perform relatively better than local firms that are integrated differently (arms' length) in global production networks (e.g. offshoring outsourcing). This chapter tries to reconcile these findings by testing a number of hypothesis about global integration strategies in the context of the Global Financial Crisis (GFC) and how it affected exporting among multinational subsidiaries operating out of Turkey. Controlling for the impact that exchange rate depreciations and volatility has on firm-level exports the study shows that the particular global event studied had no additional impact on individual firms' exports. Since multinational subsidiaries are more insulated from these effects they are able to expand rather than contract their global integration strategies throughout the course of the GFC.en_US]
dc.identifier.citation0
dc.identifier.doi10.1108/S1571-502720170000030004en_US
dc.identifier.endpage119
dc.identifier.isbn978-1-78743-071-6
dc.identifier.isbn978-1-78743-072-3
dc.identifier.issn1571-5027en_US
dc.identifier.issn1571-5027
dc.identifier.scopusqualityN/A
dc.identifier.startpage81en_US
dc.identifier.urihttps://hdl.handle.net/20.500.12469/416
dc.identifier.urihttps://doi.org/10.1108/S1571-502720170000030004
dc.identifier.volume30en_US
dc.identifier.wosWOS:000462991700004en_US
dc.identifier.wosqualityN/A
dc.institutionauthorJensen, Camillaen_US
dc.language.isoenen_US
dc.publisherEmerald Group Publishing Limiteden_US
dc.relation.journalBreaking up the Global Value Chainen_US
dc.relation.publicationcategoryKonferans Öğesi - Uluslararası - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/closedAccessen_US
dc.subjectGlobal financial crisisen_US
dc.subjectIntegration strategiesen_US
dc.subjectExporting strategiesen_US
dc.titleGlobal Integration Strategies In Times Of Crisis - An Event Study Of The Impact The Global Financial Crisis Has On Turkish Subsidiaries' Exporting Strategiesen_US
dc.typeConference Objecten_US
dspace.entity.typePublication

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