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作者：Benito, Gabriel R. G.; Petersen, Bent; Welch, Lawrence S.
作者单位：BI Norwegian Business School; Copenhagen Business School
摘要：In a research note in this issue, Strange and Humphrey discuss how a global value chain (GVC) approach serves to usefully move internalization theory towards a better understanding of the increasingly important 'middle ground' between markets and hierarchies in the contemporary highly globalized international business scene. After a brief recount of their main arguments, we argue that their discussion needs to the extended, as it does not adequately recognize important differences between inte...
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作者：Cumming, Douglas; Zhang, Minjie
作者单位：State University System of Florida; Florida Atlantic University; University of Birmingham; University of Windsor
摘要：We document that the choice between disintermediated individual angel investments and intermediated private equity and venture capital investments depends on legal, economic, and cultural differences. We find evidence of this using PitchBook's comprehensive data on more than 5000 angel and 80,000 private equity and venture capital investments in 96 countries from 1977 to 2012. The data further indicate that investee firms funded by angels are less likely to successfully exit through either an ...
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作者：Meyer, Klaus E.
作者单位：Western University (University of Western Ontario)
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作者：Jackson, Gregory; Deeg, Richard
作者单位：Free University of Berlin; Pennsylvania Commonwealth System of Higher Education (PCSHE); Temple University
摘要：A major limitation of existing international business (IB) research remains the rather thin view of institutional context. In this retrospective, we reflect upon and highlight different strategies for overcoming de-contextualized perspectives and developing thicker conceptions of institutions drawing on comparative research. Institutions shape firm behavior not only through their direct or additive effects, but have more complex influences by moderating relationships between firm-level variabl...
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作者：Hennart, Jean-Francois
作者单位：Tilburg University; Vienna University of Economics & Business; Polytechnic University of Milan
摘要：Banalieva and Dhanaraj argue that digital service multinationals (DSMNCs) possess a new category of firm-specific advantage (FSA), the network advantage, and that, contrary to extant theory, they use networks as a mode of governance. I review the business models used by DSMNCs, compare them to non-digital ones, and explore what we can learn about them from extant IB theory. I conclude that network advantages are not a new category of FSAs, that networks are not a mode of governance, and that t...
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作者：Narula, Rajneesh; Asmussen, Christian Geisler; Chi, Tailan; Kundu, Sumit Kumar
作者单位：University of Reading; University of London; King's College London; Copenhagen Business School; University of Wisconsin System; University of Wisconsin Milwaukee; State University System of Florida; Florida International University
摘要：Internalization theory has provided a resilient analytical framework that explicitly or implicitly underlines much of International Business scholarship. Internalization theory is not a monolithic body of knowledge; instead, it has devolved into several 'streams', each of which focuses on the interests of particular epistemic communities, while also acting as a more generic organizing framework for those more broadly interested in its application to real-world challenges. Following a review of...
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作者：Patnaik, Sanjay
作者单位：George Washington University
摘要：This study examines the outcome of collective political strategy across countries, within the context of new greenhouse gas regulations in the European Union. Drawing on the economic theory of regulation, I argue that collective political strategy can result in varied distortions of environmental policies, depending on the ideology of government actors, the electoral cycle and the type of prevalent bureaucratic regulatory system. An interesting finding in this regard is that left-leaning gover...
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作者：Arregle, Jean-Luc; Hitt, Michael A.; Mari, Isabelle
作者单位：emlyon business school; Texas A&M University System; Texas A&M University College Station; Mays Business School; Texas Christian University; Universite Catholique de Lille; EDHEC Business School
摘要：Hennart, Majocchi, and Forlani propose and validate a new explanation of family firms' internationalization heterogeneity shedding light on the role of a family firm's global niche business model. This type of family firm can avoid the dominant internationalization problems usually depicted in the literature on family firms' internationalization. Starting from the same diagnosis on extant research, we explore another perspective to explain this heterogeneity: the structure of the family instit...
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作者：Aguilera, Ruth V.; Marano, Valentina; Haxhi, Ilir
作者单位：Northeastern University; Universitat Ramon Llull; Escuela Superior de Administracion y Direccion de Empresas (ESADE); University of Amsterdam
摘要：We review four decades of research about the corporate governance of multinational corporations (MNCs), which we label International Corporate Governance (ICG). We identify and discuss three main streams of research that draw on different conceptualizations and theoretical lenses of (corporate) governance. After synthesizing their respective findings, we propose several avenues for future research that integrate these three streams of research with the goal of developing a more nuanced underst...
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作者：Tashman, Peter; Marano, Valentina; Kostova, Tatiana
作者单位：University of Massachusetts System; University of Massachusetts Lowell; Northeastern University; University of South Carolina System; University of South Carolina Columbia
摘要：Research shows that emerging market multinational enterprises (EM-MNEs) increasingly use corporate social responsibility (CSR) reporting as a global legitimation strategy. Less is known about when their CSR reporting is decoupled from their CSR performance. Drawing on neo-institutional theory, we argue that EM-MNEs' CSR decoupling is shaped by their dual embeddedness in their home countries and the global institutional environment. We then examine how EM-MNEs' home country institutional voids ...
