Prior body of servitization research falls short to fully capture the financial consequences of servitization. This paper aims at investigating the financial consequences of servitization in listed manufacturing companies in four countries, namely UK, USA, Germany and China. By means of secondary data obtained from Worldscope database, regression models will be developed to compare servitized and non-servitized manufacturing firms in the aforementioned countries. This study contributes to the current understanding of the financial consequences in the transition towards service provision and aims to enhance managerial decision-making processes regarding servitization by comparing different contexts and countries
