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作者:Wang, Shixiang; Wei, Jiang; Zhao, Minyuan
作者单位:Shanghai University of Finance & Economics; Zhejiang University; Washington University (WUSTL)
摘要:Foreign acquirers often encounter severe legitimacy challenges caused by the institutional distance between the home and host countries. In this study, we propose that conduit acquisition, in which an ultimate acquirer initiates a cross-border acquisition through one of its majority-owned subsidiaries already located in the host country or countries similar to the host country, can be used as a strategic response to institutional distance. Invoking institutional theory, we argue that the local...
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作者:Moschieri, Caterina; Fernandez-Moya, Maria
作者单位:IE University; CUNEF Universidad
摘要:This study examines how firms with scarce market and non-market resources can succeed in internationalizing, even in a host country that lacks trade and diplomatic relationships with the firms' home country. With a hand-collected, historical database of the Spanish publishing industry's investments in Mexico over the 20th century, we find that in a context of suspension of bilateral trade agreements and diplomatic relationships between Spain and Mexico, Spanish publishing firms leveraged Spani...
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作者:Zahra, Shaker A.; Petricevic, Olga; Luo, Yadong
作者单位:University of Minnesota System; University of Minnesota Twin Cities; University of Minnesota System; University of Minnesota Twin Cities; University of Calgary; University of Calgary; University of Miami
摘要:A growing body of research highlights the importance and development of dynamic capabilities as well as the contingencies that can affect such development. However, existing research pays limited attention to the demands of competition in today's dynamic, volatile, and ambiguous international markets. The international business (IB) realities and contexts require companies to develop and effectively deploy dynamic capabilities to achieve evolutionary fitness, adapt, and successfully exploit op...
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作者:Chen, Tai-Yuan; Chen, Yi-Chun; Hung, Mingyi
作者单位:Hong Kong University of Science & Technology; City University of Hong Kong
摘要:Motivated by international business research on institutional arbitrage and headquarters-subsidiary relationships, we examine the effect of regulatory distance on multinational banks' (MNBs) reporting transparency abroad. Using an international sample of foreign subsidiary banks in 46 host countries from 47 home countries, we find that bank transparency declines when the home countries have tighter activity restrictions than the host countries. We bolster the causal inference using difference-...
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作者:Shenkar, Oded; Liang, Guoyong; Shenkar, Rakefet
作者单位:University System of Ohio; Ohio State University; University System of Ohio; Wright State University Dayton
摘要:Internationalizing far later than other sectors, healthcare has seen trade and foreign direct investment (FDI) grow in recent years. While part of the service economy, healthcare has unique features that distinguish it from other service sectors and imprint on its globalization and spillover patterns. In this paper, we review the trends in healthcare internationalization, its drivers, and the obstacles standing in the way. We outline the special characteristics of the healthcare sector and how...
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作者:Lindner, Thomas; Puck, Jonas; Verbeke, Alain
作者单位:University of Innsbruck; Vienna University of Economics & Business; University of Calgary; University of Reading; Vrije Universiteit Brussel
摘要:We reconcile the recommendations made by Kalnins (J Int Bus Stud, 2022) on the one hand and by Lindner, Puck and Verbeke (J Int Bus Stud 51(3):283-298, 2020) on the other, on how international business (IB) quantitative researchers should treat multicollinearity. We explain that, in principle, treatment depends on the underlying data generation process, but note that datasets based on any single generation process are rare. In doing so, we broaden the discussion to include how research methods...
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作者:Allen, Matthew M. C.; Wood, Geoffrey; Demirbag, Mehmet
作者单位:Bangor University
摘要:In this article, we make the case for theoretically/logically derived explanatory typologies and their constituent ideal types, arguing that they can provide us with the basis to further understand dynamic and complex contemporary phenomena. We contrast this approach with dominant analytical strategies in international-business research. We show that the greater use of explanatory typologies and their associated ideal types in international-business research facilitates comparisons of similar ...
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作者:Kafouros, Mario; Hashai, Niron; Tardios, Janja Annabel; Wang, Elizabeth Yi
作者单位:University of Manchester; Alliance Manchester Business School; Reichman University; Brunel University; University of Leeds
摘要:Although MNEs create inventions both internally and collaboratively with partners as well as within and across countries, we know very little about the effects that combining such inventive activities have on their profitability. This study develops an invention-based perspective that considers how MNEs' profitability is influenced by the ways they organize the development of inventions across organizational boundaries (internally or collaboratively) and geographic boundaries (within or across...
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作者:Casson, Mark; Li, Yutong
作者单位:University of Reading; University of Reading
摘要:International business is inherently complex for four main reasons: the large number of countries, products, technologies and firms involved, the intricate connectivity of international transport and communications networks, the diversity of the political, cultural and regulatory environment, and the speed and unpredictability of change. The complexity created by these features can be measured using the techniques presented in this paper. IB has developed simple and powerful theories which abs...
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作者:Forsgren, Mats; Holm, Ulf
作者单位:Uppsala University
摘要:Recent attempts to extend internalization theory into new fields of enquiry illustrate the crucial role of control in the theory. In this paper, we focus on two examples: one applying internalization theory to external business relationships of multinational enterprises (MNEs) and one applying new internalization theory to MNEs' governance. We argue that, in both cases, the ability of the extended theory to explain MNE behavior can be questioned, either because of the governance of the externa...