-
作者：Cannizzaro, Anthony P.; Weiner, Robert J.
作者单位：Catholic University of America; George Washington University
摘要：We contribute to IB literature on state-owned multinationals by examining an understudied element of MNE strategy - transparency. Drawing insight from accounting, finance, and political science, we develop theory and hypotheses regarding ownership effects on FDI disclosure. We argue that transparency of outward FDI depends on both state ownership and home and host country institutions. We also posit that host governments harness their SOEs to exploit information disclosed by foreign MNEs, disc...
-
作者：Xie, Zhenzhen; Li, Jiatao
作者单位：Tsinghua University; Hong Kong University of Science & Technology
摘要：Building on the recombinatory view of innovation and an institutional perspective, this study investigated how the level of institutional development in a firm's home region and the institutional distance between the home and export markets might influence the effectiveness of learning through exporting. For exporters in emerging economies, more support for R&D and better-developed market intermediaries at home were found to enhance the positive effect of exporting on firms' innovation, while ...
-
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...
-
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...
-
作者：Allred, Brent B.; Findley, Michael G.; Nielson, Daniel; Sharman, J. C.
作者单位：William & Mary; University of Texas System; University of Texas Austin; Brigham Young University; University of Cambridge
-
作者：Liu, Chang; Chung, Chune Young; Sul, Hong Kee; Wang, Kainan
作者单位：Hawaii Pacific University; Chung Ang University; University of Pennsylvania; University System of Ohio; University of Toledo
摘要：This study uses a large sample of Korean firms to examine institutional blockholders' influence on corporate earnings management. The Korean market is an interesting setting to study institutional monitoring because it is dominated by chaebols, which are characterized by ineffective internal governance mechanisms. We find evidence that institutional blockholders deter opportunistic financial reporting, and such activities are the most evident among domestic institutional blockholders. Foreign ...
-
作者：Quang Nguyen; Kim, Trang; Papanastassiou, Marina
作者单位：Middlesex University; Foreign Trade University FTU
