-
作者：Carney, Richard W.; El Ghoul, Sadok; Guedhami, Omrane; Lu, Jane W.; Wang, He
作者单位：China Europe International Business School; University of Alberta; University of South Carolina System; University of South Carolina Columbia; City University of Hong Kong; West Virginia University
摘要：With an emphasis on deliberative processes that occur between managers and stakeholders, the political corporate social responsibility (PCSR) literature has made important advances to our understanding of CSR activities. However, these contributions have tended to focus exclusively on organizational settings. We contend that an understanding of firm-level CSR is incomplete without considering the interrelations between organizations and the wider socio-political environment. Building on work i...
-
作者：Ge, Wenxia; Kim, Jeong-Bon; Li, Tiemei; Zhang, Jing
作者单位：University of Ottawa; City University of Hong Kong; University of Colorado System; University of Colorado Denver
-
作者：Montiel, Ivan; Park, Junghoon; Husted, Bryan W.; Velez-Calle, Andres
作者单位：City University of New York (CUNY) System; Baruch College (CUNY); Tecnologico de Monterrey; Universidad EAFIT
摘要：We posit that international business and the emergence and spread of communicable diseases are intrinsically connected. To support our arguments, we first start with a historical timeline that traces the connections between international business and communicable diseases back to the sixth century. Second, following the epidemiology of communicable diseases, we identify two crucial transitions related to international business: the emergence of epidemics within a host country and the shift fro...
-
作者：Guedhami, Omrane; Knill, April; Megginson, William L.; Senbet, Lemma W.
作者单位：University of South Carolina System; University of South Carolina Columbia; Sungkyunkwan University (SKKU); State University System of Florida; Florida State University; University of Oklahoma System; University of Oklahoma - Norman; University of International Business & Economics; University System of Maryland; University of Maryland College Park
摘要：The COVID-19 pandemic has led to economic and health crises (twin crises) worldwide. Using a sample of firms from 73 countries over the period January to December 2020, we examine stock price reactions of multinational corporations (MNCs) and purely domestic companies (DCs) to the crisis. We find that, on average, MNCs suffer a significantly larger decline in firm value relative to DCs during the stock market crisis caused by the pandemic with notable heterogeneity in this underperformance acr...
-
作者：Hennart, Jean-Francois; Verbeke, Alain
作者单位：Tilburg University; Aalborg University; University of Calgary; University of Reading; Vrije Universiteit Brussel
-
作者：Li, Tiemei; Magnan, Michel; Shi, Yaqi
作者单位：University of Ottawa; Concordia University - Canada; Western University (University of Western Ontario)
摘要：This study investigates how the institutional complexity of a multinational corporation (MNC) impacts its accounting quality. Toward that end, we employ a unique sample of MNCs registering subsidiaries in offshore financial centers (OFCs). Our focus is the tension between external governance mechanisms (i.e., US cross-listing, home-country institutional context) and internal governance mechanisms (OFC subsidiaries). Consistent with the corporate governance bonding hypothesis, we show that cros...
-
作者：Asmussen, Christian; Chi, Tailan; Narula, Rajneesh
作者单位：Copenhagen Business School; University of London; King's College London; University of Wisconsin System; University of Wisconsin Milwaukee; University of Reading
摘要：In responding to the Forsgren and Holm (2021) critique of internalization theory, we develop a capability-based model of internalization and quasi-internalization, highlighting the key role of the international recombination of assets. With external control mechanisms becoming more sophisticated, full internalization has become increasingly unnecessary. Rather, the capacity to orchestrate complex networks is an increasingly important source of competitive advantage. We demonstrate that interna...
-
作者：Li, Jingyu; Pan, Yigang; Yang, Yi; Tse, Caleb H.
作者单位：Chinese University of Hong Kong; York University - Canada; Shanghai Jiao Tong University; Nanyang Technological University
摘要：Digital platforms, which play increasingly important roles in today's digitally connected world, are technologically complex and financially costly undertakings. Multinational enterprises (MNEs) devote substantial efforts to deploying and maintaining digital platforms. In this study, we examine the overall time and effort spent by MNEs to develop and operate digital platforms, which we call digital platform attention (DPA). Building on the attention-based view, this study explores the impacts ...
-
作者：Chen, Liang; Li, Sali; Wei, Jiang; Yang, Yang
作者单位：University of Melbourne; University of South Carolina System; University of South Carolina Columbia; Zhejiang University; Zhejiang University
摘要：The growing platform economy has revived the debate on the applicability of internalization theory in contemporary contexts. In moving this debate forward, we draw on insights from hybrids research and property rights theory to complement the internalization school. Our core contribution lies in a reconceptualization of platforms as a hybrid organizational form enabling the exchange of property rights between platform owners and complementors. Using social platforms as an example, we propose t...
-
作者：Ding, Wenzhi; Levine, Ross; Lin, Chen; Xie, Wensi
作者单位：University of Hong Kong; University of California System; University of California Berkeley; National Bureau of Economic Research; Chinese University of Hong Kong
摘要：Different theories offer different predictions of the impact of competition on corporate social responsibility (CSR). The stakeholder value and product differentiation theories hold that intensifying competition spurs firms to increase corporate social responsibility (CSR) to strengthen relationships with non-shareholder stakeholders (e.g., workers, suppliers, customers, and local communities) and differentiate their products to gain pricing power. However, textbook theories of the firm imply ...
