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作者：Huang, Henry He; Kerstein, Joseph; Wang, Chong
作者单位：Yeshiva University; Hong Kong Polytechnic University
摘要：Increasingly adverse climatic conditions have created greater systematic risk for companies throughout the global economy. Few studies have directly examined the consequences of climate-related risk on financing choices by publicly listed firms across the globe. We attempt to do so using the Global Climate Risk Index compiled and published by Germanwatch (Kreft & Eckstein, 2014), which captures at the country level the extent of losses from extreme weather events. As expected, we find the like...
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作者：Buckley, Peter J.; Chen, Liang; Clegg, L. Jeremy; Voss, Hinrich
作者单位：University of Leeds; University of Sussex
摘要：A distinguishing feature of emerging economy multinationals is their apparent tolerance for host country institutional risk. Employing behavioral decision theory and quasi-experimental data, we find that managers' domestic experience satisfaction increases their relative risk propensity regarding controllable risk (legally protectable loss), but decreases their tendency to accept noncontrollable risk (e.g., political instability). In contrast, firms' potential slack reduces relative risk prope...
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作者：Schwens, Christian; Zapkau, Florian B.; Brouthers, Keith D.; Hollender, Lina
作者单位：University of Cologne; Vrije Universiteit Amsterdam; University of London; King's College London; Heinrich Heine University Dusseldorf
摘要：Despite extensive research, the literature is unclear about the circumstances under which a firm learns from its past foreign entry modes and how this experiential learning is related to future mode choices. Building on the internationalization process (IP) model and the idea that some experiential learning is location-bound, while other learning is non-location-bound, we develop and test theory to explain how experiential learning about foreign operation modes and markets impact future mode c...
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作者：Buchner, Axel; Espenlaub, Susanne; Khurshed, Arif; Mohamed, Abdulkadir
作者单位：University of Passau; University of Manchester; Alliance Manchester Business School; Cranfield University
摘要：Against the background of the growing internationalization of venture capital (VC) investing, this is the first global comparison of the returns generated by individual domestic and cross-border deals. We examine investments worldwide during 1971-2009 and find that cross-border investments significantly underperform compared with equivalent domestic investments. Returns are negatively affected by geographic distances, cultural disparities, and institutional differences between the home and hos...
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作者：Luo, Yadong; Tung, Rosalie L.
作者单位：University of Miami; Simon Fraser University
摘要：The springboard view has become one theoretic lens to analyze emerging market multinationals (EMNEs) in the past decade. A decade after its first introduction in 2007, new developments offer keen insights on these firms and MNEs in general that aggressively engage in critical asset-seeking. We compare this view with other IB theories, highlighting their differences as well as complementarity. We articulate unique strengths and weaknesses of EMNEs, including their vulnerability and complexity c...
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作者：Peterson, Mark F.; Barreto, Tais S.
作者单位：Aarhus University; Nova Southeastern University
摘要：Societal cultural value dimension scholarship can both learn from and inform the family of interrelated approaches to culture research in IB that appear in recent commentaries. It can exchange insights about societal values and meaning systems with neo-institutional and institutional logics research. It can also exchange insights with dual-processing cognition theories that are used to understand individuals in an international context by treating societal culture values and institutional char...
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作者：Li, Jing; Meyer, Klaus E.; Zhang, Hua; Ding, Yuan
作者单位：Simon Fraser University; China Europe International Business School
摘要：Firms and governments operate in broad networks in which the home government and its diplomatic service are a critical node - or a referral point'' - between firms and potential partners in foreign locations. Thus diplomatic relations between countries matter for the choice of foreign investment location. Using a network perspective, we argue that the extent to which good diplomatic relations induce firms to invest in friendly host countries depends on their political connections to home gover...
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作者：Gaur, Ajai S.; Ma, Xufei; Ding, Zhujun
作者单位：Rutgers University System; Rutgers University Newark; Rutgers University New Brunswick; Chinese University of Hong Kong; University of Reading
摘要：What drives the outward foreign direct investments (OFDIs) by emerging market firms (EMFs)? Drawing on a strategy tripod framework, this article proposes a theoretical model to predict OFDI by EMFs from China. Specifically, we use institution-and industry-based views to examine two facets of home country environment, namely, the supportiveness from home government and unfavorableness from home industry, as important determinants of OFDI, and compare the relative strength of these effects. Furt...
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作者：Akamah, Herita; Hope, Ole-Kristian; Thomas, Wayne B.
作者单位：University of Nebraska System; University of Nebraska Lincoln; University of Toronto; BI Norwegian Business School; University of Oklahoma System; University of Oklahoma - Norman
摘要：Multinational firms have been accused by politicians, regulators, and citizen groups of shifting profits to low-tax geographic areas. We present evidence that multinational firms with tax-haven operations tend to aggregate their geographic disclosures to a greater extent. The results are consistent with managers attempting to avoid criticism by reducing the transparency of their tax-avoidance activities. We find these results to be stronger for larger firms with higher political costs and for ...
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作者：Forsgren, Mats
作者单位：Uppsala University
