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作者:Reyes-Pena, Robinson; Upadhyay, Arun; Kumaraswamy, Arun
作者单位:State University System of Florida; Florida International University
摘要:An inversion is a strategy used by multinational enterprises (MNEs) to avoid high corporate taxes in their home countries, by changing their domicile to foreign countries with lower taxes. While prior studies have focused primarily on firm-level and country-level determinants of inversions, we explore how an industry-level factor - foreign competitive pressure from industry rivals based in low-tax countries - has influenced U.S. MNEs' propensity to pursue inversions. We frame inversions as an ...
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作者:van der Straaten, Khadija; Narula, Rajneesh; Giuliani, Elisa
作者单位:Erasmus University Rotterdam - Excl Erasmus MC; Erasmus University Rotterdam; University of Reading; University of Pisa; University of Pisa
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作者:Chandler, Jeffrey A.; Kim, Yeongsu (Anthony); Waddingham, Jacob A.; Hill, Aaron D.
作者单位:University of North Texas System; University of North Texas Denton; Western Kentucky University; Texas State University System; Texas State University San Marcos; State University System of Florida; University of Florida
摘要:Drawing on upper echelons theory and political science research, we investigate how CEO political ideology influences a firm's choice between international alliances and international acquisitions as an entry mode into foreign markets. Due to their ideological differences, we find that firms led by more liberal CEOs are more likely to use international alliances when entering a foreign market while firms led by more conservative CEOs are more likely to use international acquisitions as an entr...
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作者:Krammer, Sorin M. S.; Lashitew, Addisu A.; Doh, Jonathan P.; Bapuji, Hari
作者单位:University of Exeter; McMaster University; Villanova University; University of Melbourne
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作者:Dai, Li; Eden, Lorraine; Beamish, Paul W.
作者单位:Loyola Marymount University; Texas A&M University System; Texas A&M University College Station; Mays Business School; Western University (University of Western Ontario)
摘要:We examine the timing and mode of firm exits from host-country conflict zones. We argue that timing and mode are interdependent decisions where decision ordering matters, and show that a firm's prioritizing of either exit timing or mode is dependent on the relative salience of two behavioral stimuli: (1) the firm's own experience (i.e., its performance shortfall), and (2) the experience of peer firms (i.e., their exits). Using instrumental variables modeling on a sample of 101 Japanese MNE exi...
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作者:Krammer, Sorin M. S.; Lashitew, Addisu A.; Doh, Jonathan P.
作者单位:University of Exeter; McMaster University; Villanova University
摘要:Rising inequality is one of the grand societal challenges of our time. Yet, its effects on firms - including multinational enterprises (MNEs) - and their operations have not been widely examined by IB scholars. In this study, we posit that income inequality within a country is positively associated with the incidence and severity of crime experienced by businesses. Further, we propose that this relationship will be negatively moderated by social cohesion (in the form of greater societal trust ...
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作者:Ellimaki, Pia; Aguilera, Ruth, V; Esther Hurtado-Torres, Nuria; Alberto Aragon-Correa, J.
作者单位:University of Granada; Northeastern University; Universitat Ramon Llull; Escuela Superior de Administracion y Direccion de Empresas (ESADE)
摘要:Many institutional investors claim to be leaders in their commitment to sustainability, yet their real impact is undetermined. We look at the relationship between the presence of foreign institutional owners and the firm's environmental outcomes in terms of performance and innovation. We argue that foreign institutional owners seek to mitigate their exposure to reputational risks by encouraging their investee firms to move towards better environmental performance. However, these owners are les...
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作者:El Ghoul, Sadok; Guedhami, Omrane; Mansi, Sattar A.; Sy, Oumar
作者单位:University of Alberta; University of South Carolina System; University of South Carolina Columbia; Virginia Polytechnic Institute & State University; Dalhousie University
摘要:Event studies are widely used in finance research to investigate the implications of announcements of corporate initiatives, regulatory changes, or macroeconomic shocks on stock prices. These studies are often used in a single-country setting (usually the U.S.), but little work has yet been conducted in an international context, perhaps due to the complexities inherent in implementing cross-country studies. This paper explores the methodological challenges of conducting event studies in intern...
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作者:Kumar, Pankaj; Deodhar, Swanand J.; Zaheer, Sri
作者单位:Virginia Polytechnic Institute & State University; Indian Institute of Management (IIM System); Indian Institute of Management Ahmedabad; University of Minnesota System; University of Minnesota Twin Cities
摘要:Is there a liability of foreignness in online crowdsourcing contests for creative work? Digitalization mitigates physical orthodox transaction-based frictions and is therefore expected to reduce the liability of foreignness. However, for creative work sourced digitally across borders, due to the decoupling of the locus of creation from the locus of selection and due to the cognitive nature of creative tasks, we suggest that frictions continue to arise from foreign solvers' cognitive home biase...
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作者:Panagopoulos, Nikolaos G.; Menguc, Bulent; Mullins, Ryan
作者单位:University System of Ohio; Ohio University; University of Leeds; Clemson University
摘要:Many consumer goods multinational companies (MNCs) operate host-market subsidiaries that are responsible for managing relationships with local retailers. These retailers often follow a decentralized approach by formally involving their store managers in key decision-making processes related to the MNCs' brands. While store managers play a key role in the success of MNCs' brands, two key questions remain unanswered: (1) what drives a store manager's psychological engagement with MNCs' brands ac...