Title

Financial performance and internationalization in the US restaurant industry: A simultaneous perspective and analysis

Abstract

This study examines the simultaneous relationship between financial performance (FP) and the degree of internationalization (DOI) in the restaurant industry to address the potential endogeneity bias in prior research. In previous studies, theoretical rationales and empirical results appeared to contradict each other. These inconsistencies could have resulted from a unilateral approach of analyzing firm performance and degree of internationalization. The results of this study suggest the existence of a simultaneous relationship between financial performance and the degree of internationalization.

Publication Date

12-20-2013

Original Citation

Conroy Hong Luan, Dipendra Singh, and Nan Huaa, (2013). Financial Performance and Internationalization in the U.S. Restaurant Industry: A Simultaneous Perspective and Analysis. The Journal of Hospitality Financial Management, 21(2), 95-144.

Number of Pages

95-114

Document Type

Paper

Language

English

Source Title

Journal of Hospitality Financial Management

Volume

21

Issue

2

College

Rosen College of Hospitality Management

Location

Rosen College of Hospitality Management

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http://dx.doi.org/10.1080/10913211.2013.861229

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