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作者:Gu, Qian (Cecilia); Wang, Stephanie Lu; Bai, Tao
作者单位:University System of Georgia; Georgia State University; Indiana University System; Indiana University Bloomington; IU Kelley School of Business; University of Queensland
摘要:Family-owned MNEs (FMNEs) face unique challenges for their newly established foreign subsidiaries due to the information asymmetry and divergent demands between the controlling families and external stakeholders. Despite the significant theoretical and managerial implications, there has been a notable research gap in understanding how FMNEs strategically disclose information to overcome these challenges. Drawing from literature on firms' stakeholder management and responses to institutional pr...
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作者:Harvey, Campbell R.; Rabetti, Daniel
作者单位:Duke University; National Bureau of Economic Research; Duke University; National University of Singapore
摘要:Over the last decade, the green shoots of a new economic order have emerged as decentralized technologies challenge traditional financial systems. Decentralized finance (DeFi) holds the potential to transform international business (IB) by offering accessible financial services across borders, disrupting traditional intermediaries, and promoting financial inclusion. While traditional fintech has challenged banks, DeFi operates outside legacy systems, leveraging blockchain technology and smart ...
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作者:Edman, Jesper; Cuypers, Ilya R. P.; Ertug, Gokhan; Aguilera, Ruth V.
作者单位:Waseda University; Singapore Management University; Northeastern University
摘要:International business scholars have recognized the impact of political and economic nationalism on the multinational enterprise (MNE). We complement these approaches by highlighting the sociological manifestations of nationalism and their implications for the MNE. We argue that nationalist sentiments, i.e., widely shared assumptions of superiority over other nations and cultures, constitute an under-researched but critical element in international business (IB). Drawing insights from organiza...
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作者:Liu, Haiyue; Yi, Zhimin; Shang, Hua; Liu, Zihan
作者单位:Sichuan University; Southwestern University of Finance & Economics - China
摘要:Globalization is motivating many emerging market firms (EMFs) to expand operations through outward foreign direct investment (OFDI). General FDI theories, such as internalization theory and the OLI paradigm, are based on industrialized countries, leading to inevitable gaps in explaining the OFDI activities of EMFs. We extend the literature by establishing a connection between international finance and the internationalization of EMFs. We argue that foreign banks operating in emerging markets o...
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作者:Reuer, Jeffrey J.; Klijn, Elko; Devarakonda, Shivaram; Olie, Rene
作者单位:Purdue University System; Purdue University; Old Dominion University; Erasmus University Rotterdam; Erasmus University Rotterdam - Excl Erasmus MC; Nanyang Technological University
摘要:Notwithstanding their popularity, veto rights are inadequately understood features of international agreements, particularly interfirm exchanges such as international joint ventures (IJVs). As an interesting feature of an IJV's governance design, they shape decision-making of the most powerful administrative mechanism of an IJV - the IJV board. IJVs' boards play a crucial part in supporting adaptation to contingencies, but their adaptive capacity can also give rise to a different set of concer...
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作者:Obukhova, Elena; Tian, Felicia
作者单位:McGill University; Fudan University
摘要:In the contemporary war for talent, multinational enterprises increasingly deploy referral hiring, using bonuses to identify and attract prospective job candidates. Despite the emergence of referral bonuses as a global best practice, our knowledge about how bonuses operate across diverse national contexts is insufficient. In this paper, we leverage insights from social network research to develop our theory about how context shapes the effect of bonuses on job referring. We hypothesize that th...
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作者:Buckley, Peter J.; Murphree, Michael; Anderson, John
作者单位:University of Manchester; University of Sydney; University of Northern Iowa
摘要:The focus of this article is the examination of the factors that trigger the addition of horizontal subcontracting to the structure of global factories. Horizontal subcontracting takes place when one firm is contracted to produce a given item, fills as much of the order as they are able to based on their available capacity, and subsequently subcontracts the remainder to a qualitatively identical firm. We find that similar entrepreneurial backgrounds of contract manufacturers lead to strong bus...