lnu.sePublications
Change search
CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf
Navigating Turbulent Waters: Exploring SME strategies for internationalization amidst Global Bank Crisis
Linnaeus University, School of Business and Economics, Department of Marketing and Tourism Studies.
Linnaeus University, School of Business and Economics, Department of Marketing and Tourism Studies.
2023 (English)Independent thesis Basic level (degree of Bachelor), 10 credits / 15 HE creditsStudent thesis
Abstract [en]

The global bank crisis between 2008 and 2013 posed a great threat against many organizations globally, especially towards small-medium enterprises (SMEs), which several researchers have investigated through quantitative studies. However, few studies have explored the strategic decisions made by SMEs regarding internationalization processes and international work during this time, beyond numbers. Based on previous research, this qualitative study aims to examine and provide insights on the impact of the bank crisis on strategies and processes used by Swedish SMEs during the crisis. Through a multiple case study approach, seven semi-structured interviews with Swedish SMEs in different industries were conducted. This was followed by theories, models and frameworks related to internationalization motives and processes, risk management and crisis management. The findings revealed limited information on strategies used by SMEs during the crisis, however, much of the empirical material could be related to and identified in the presented theory. The observed SMEs demonstrated remarkable resilience, exhibiting minimal vulnerability to the crisis – an interesting discovery considering previous research. Moreover, they underscored the significance of maintaining a financial buffer and maintaining a keen awareness of global circumstances, to avoid potential future crises. Additionally, several new aspects of the initial topic emerged during the interviews; transparency, exchange rates, cost management, and business relations, which could be of interest for future research. The thesis explains the impact of the bank crisis on the examined SMEs, delving into the key strategies and processes used to sustain international operations. This research offers valuable insights to both academics and industry professionals on how to navigate turbulent waters as a Swedish SME during a global bank crisis. 

Place, publisher, year, edition, pages
2023. , p. 61
Keywords [en]
Internationalization Process, Strategies, Risk Management, Crisis Management, SMEs, Financial crisis, Bank crisis, Resilience
National Category
Economics and Business
Identifiers
URN: urn:nbn:se:lnu:diva-121396OAI: oai:DiVA.org:lnu-121396DiVA, id: diva2:1763182
Subject / course
Business Administration - Other
Educational program
International Business Programme, 180 credits
Presentation
2023-05-30, Kalmar, 09:15 (English)
Supervisors
Examiners
Available from: 2023-06-13 Created: 2023-06-06 Last updated: 2023-06-13Bibliographically approved

Open Access in DiVA

fulltext(1140 kB)56 downloads
File information
File name FULLTEXT01.pdfFile size 1140 kBChecksum SHA-512
f56ba7a33cb688f0040c50ddd694ce1fe793947746f3a40587483d666b5b1d894451cdd52e361f6c41b4670d821a4c03c89114478f0f2a998026a7e3e83d0b5c
Type fulltextMimetype application/pdf

By organisation
Department of Marketing and Tourism Studies
Economics and Business

Search outside of DiVA

GoogleGoogle Scholar
Total: 56 downloads
The number of downloads is the sum of all downloads of full texts. It may include eg previous versions that are now no longer available

urn-nbn

Altmetric score

urn-nbn
Total: 80 hits
CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf