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作者：Ritvala, Tiina; Piekkari, Rebecca
作者单位：Aalto University
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作者：Sasaki, Innan; Nummela, Niina; Ravasi, Davide
作者单位：University of Warwick; University of Turku; University of London; University College London
摘要：When entering international markets, manufacturers of consumer products are expected to adapt their products in order to meet local consumption practices. Doing so is particularly challenging for producers of culturally-specific products-that is, products that are little known, understood, or valued outside their original cultural milieu-whose operations are often deeply embedded in local conventions and traditions. To examine how SMEs navigate tensions between the cultural specificity of prod...
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作者：Doering, Simon; Drobetz, Wolfgang; El Ghoul, Sadok; Guedhami, Omrane; Schroeder, Henning
作者单位：University of Hamburg; University of Alberta; University of South Carolina System; University of South Carolina Columbia
摘要：Using a comprehensive dataset of firms from 34 countries, we study the effect of institutional investors' investment horizons on firm valuation around the world. We find a positive relation between institutional ownership and firm value that is driven by short-horizon institutional investors. Accounting for the interaction between investors' investment horizon and nationality, we show that foreign short-horizon institutions, which are more likely to discipline managers through the threat of ex...
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作者：Hejazi, Walid; Tang, Jianmin; Wang, Weimin
作者单位：University of Toronto; Statistics Canada
摘要：The superior productivity performance of outward foreign direct investment (FDI) firms is attributable to both ex ante advantages gained within the home market and ex post learning, which emanates from MNE experiences in host markets. Learning is modeled as a function of firm-level R&D efforts, absorptive capacity, and host-country characteristics. Using a firm-level panel database on all firms in Canada, a large-scale econometric analysis is undertaken to show that the host-country environmen...
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作者：Dau, Luis Alfonso; Morck, Randall; Yeung, Bernard
作者单位：Northeastern University; University of Alberta; National University of Singapore
摘要：This paper harmonizes the business group literature in international business and across relevant fields within a unified theoretical framework. Business groups (firms under common control but with different, if overlapping, owners) are economically important in much of the world. Business groups' economic significance co-evolves with their economies' institutions and market environments, patterns of particular interest to international business scholars. The vast literature on business groups...
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作者：Qi, Shusen; Nguyen, Duc Duy
作者单位：Xiamen University; University of London; King's College London
摘要：Motivated by the international business literature that examines the interactions between organizations, corruption, and political forces, we examine whether and how government connections affect small and medium-sized enterprises' (SMEs) credit access around the world. Using a sample of SMEs across 30 developing countries, we show that SMEs with government connections are significantly less likely to be discouraged from approaching banks for a loan as compared to SMEs without such connections...
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作者：Ritvala, Tiina; Granqvist, Nina; Piekkari, Rebecca
作者单位：Aalto University
摘要：Multinational organizations increasingly face strong resistance to their market entry by some local audiences, reflecting growing ideological divisions and populism in societies. We turned to the organizational stigma literature for the conceptual tools and vocabulary to uncover why multinationals can simultaneously be praised by some audiences and tainted by others. Drawing on a longitudinal explanatory case study of an unsuccessful market entry, we develop a process model of organizational s...
