Exploring the impact of legitimacy on the competitiveness of international firms

Objective and interest of the work: The legitimacy of international firms is an important and complex issue that requires further academic development. International firms must enhance their legitimacy as a generator of competitive advantages to achieve their business objectives, both economic-financial and relational. However, there is a gap in the literature on the relationship between relationship marketing and legitimacy that needs to be filled. Methodology design: Through an empirical study of Shein’s buyers, the model is validated using the PLS-SEM methodology. Results: The implications of this research represent a breakthrough in the academic field by relating both theories applied to the internationalisation of companies. In addition, this research proposes implications for management by establishing strategies for international firms to achieve legitimacy, not only to enter international markets but also to create stable and long-lasting relationships with consumers. Practical implications: This research advances the theory of legitimacy for international firms. International companies must legitimise themselves and build customer loyalty in their host countries if they are to survive and generate economic benefits.

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Publication Details

Journal
ESIC MARKET Economic and Business Journal
Published
2024-10-21
DOI
https://doi.org/10.7200/esicm.55.369
Citations
1
Primary Topic
International Business and FDI
Type
article
Field-Weighted Citation Impact
0.55
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article

Exploring the impact of legitimacy on the competitiveness of international firms

Alicia Blanco‐González, Lourdes Rivero Gutiérrez, Ana Plaza-Casado
1 citations
ESIC MARKET Economic and Business Journal
International Business and FDI
0.55
article

Exploring the impact of legitimacy on the competitiveness of international firms

Alicia Blanco‐González, Lourdes Rivero Gutiérrez, Ana Plaza-Casado
article en
1 citations

Abstract

Objective and interest of the work: The legitimacy of international firms is an important and complex issue that requires further academic development. International firms must enhance their legitimacy as a generator of competitive advantages to achieve their business objectives, both economic-financial and relational. However, there is a gap in the literature on the relationship between relationship marketing and legitimacy that needs to be filled. Methodology design: Through an empirical study of Shein’s buyers, the model is validated using the PLS-SEM methodology. Results: The implications of this research represent a breakthrough in the academic field by relating both theories applied to the internationalisation of companies. In addition, this research proposes implications for management by establishing strategies for international firms to achieve legitimacy, not only to enter international markets but also to create stable and long-lasting relationships with consumers. Practical implications: This research advances the theory of legitimacy for international firms. International companies must legitimise themselves and build customer loyalty in their host countries if they are to survive and generate economic benefits.

ESIC MARKET Economic and Business JournalVol. 55(3)
Universidad Rey Juan Carlos (ES)
Partnerships for the goals
Openalex Percentile: Top 21%
International Business and FDI
0.55
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Exploring the impact of legitimacy on the competitiveness of international firms — Alicia Blanco‐González, Lourdes Rivero Gutiérrez, et al. · ESIC MARKET Economic and Business Journal (2024) | TGRS Research Map | TGRS