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作者：Smit, Han; Pennings, Enrico; van Bekkum, Sjoerd
作者单位：Erasmus University Rotterdam; Erasmus University Rotterdam - Excl Erasmus MC; Tinbergen Institute; Erasmus University Rotterdam; Erasmus University Rotterdam - Excl Erasmus MC; Tinbergen Institute; Erasmus University Rotterdam; Erasmus University Rotterdam - Excl Erasmus MC
摘要：This article shows how growth options are affected by two types of external uncertainty: Transactional uncertainty that stems from institutional voids and increases transaction costs, and economic uncertainty that arises from the business environment. We theorize that these two types of uncertainty have opposing effects: A firm's growth option value (proportional to firm value) is negatively associated with transactional uncertainty, but positively associated with economic uncertainty. In an e...
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作者：Giambona, Erasmo; Graham, John R.; Harvey, Campbell R.
作者单位：Syracuse University; Syracuse University; Duke University; National Bureau of Economic Research
摘要：We explore a long-standing prediction in the international business literature that managers' subjective perceptions of political risk - not just the level of risk - are important for how firms manage political risk. The importance attributed to political risk by corporate executives has increased over the last 15 years and our results show that political risk is now considered more important than commodity (input) risk. Our analysis suggests that nearly 50% of firms avoid (not simply reduce) ...
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作者：Beugelsdijk, Sjoerd; Kostova, Tatiana; Roth, Kendall
作者单位：University of Groningen; University of South Carolina System; University of South Carolina Columbia
摘要：Kirkman, Lowe, & Gibson's (2006) JIBS article summarized and critiqued international business research inspired by the most cited book in the field Hofstede's 1980 Culture's Consequences: International differences in work-related values (Hofstede [1980]2001). They identified a number of issues in this research and offered several recommendations for improving it in the future, thus laying a strong foundation for Hofstede-related work since 2006. In this commentary, we assess Kirkman et al.'s (...
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作者：Santangelo, Grazia D.; Meyer, Klaus E.
作者单位：University of Catania; Western University (University of Western Ontario); China Europe International Business School
摘要：The Johanson and Vahlne model of internationalization has been the main foundation of process research in international business since 1977. This model, also known as the Uppsala model, provides a useful general framework for interpreting firm-level processes increasing (and occasionally decreasing) resources committed to international operations. However, the model does not provide theoretical explanations of non-linear and discontinuous dynamics of the process over time, nor does it offer te...
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作者：Mithani, Murad A.
摘要：This study examines how philanthropy can mitigate liability of foreignness (LOF) in the aftermath of a national disaster. A major disaster restructures the social landscape, creating an avenue for corporate contributions to play a role in recovery and relief efforts. This social restructuring offers a valuable opportunity for multinational enterprises (MNEs) to establish strong local ties. In turn, MNE contributions at such times have a stronger impact on their local acceptance. Thus, MNEs can...
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作者：Sebastian Reiche, B.; Bird, Allan; Mendenhall, Mark E.; Osland, Joyce S.
作者单位：University of Navarra; IESE Business School; Northeastern University; University of Tennessee System; University of Tennessee at Chattanooga; California State University System; San Jose State University; California State University System; San Jose State University
摘要：While the global leadership literature has grown rapidly over recent years, the context in which global leadership occurs remains ill-defined and under-conceptualized. This lack of contextualization risks equating global leadership roles that are qualitatively very different and prevents sufficient clarity for empirical sampling. To foster more cohesive theoretical and empirical work, we develop a typology of global leadership roles that considers context as a critical contingency factor. Draw...
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作者：Devinney, Timothy M.; Hohberger, Jan
作者单位：University of Leeds; University of Technology Sydney
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作者：Farndale, Elaine; Brewster, Chris; Ligthart, Paul; Poutsma, Erik
作者单位：Pennsylvania Commonwealth System of Higher Education (PCSHE); Pennsylvania State University; Pennsylvania State University - University Park; Tilburg University; Radboud University Nijmegen; University of Reading
摘要：This study explores patterns of human resource management (HRM) practices across market economies, and between indigenous firms and foreign MNE subsidiary operations, offering a novel perspective on convergence and divergence. Applying institutional theorizing to improve our understanding of convergence/divergence as a process and an outcome, data collected from nine countries at three points in time over a decade confirm that convergence and divergence occur to different extents in a nonlinea...
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作者：Griffin, Dale; Guedhami, Omrane; Kwok, Chuck C. Y.; Li, Kai; Shao, Liang
作者单位：University of British Columbia; University of South Carolina System; University of South Carolina Columbia; Hong Kong Baptist University
摘要：It is well known that firm-level corporate governance practices vary mainly between rather than within countries, but country-level factors such as legal and financial institutions explain less than 50% of this cross-country variation. In this article we show that two dimensions of national culture - individualism and uncertainty avoidance - capture about 90% of the country fixed effects and outperform the country-level explanatory variables used in prior literature. We argue that culture work...
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作者：Le, Son; Kroll, Mark
作者单位：University of Louisiana System; Louisiana Technical University; University of Texas System; University of Texas Rio Grande Valley; University of Texas System; University of Texas Rio Grande Valley
摘要：Despite the growing importance of CEOs' international experience (IE), we have yet to gain sufficient insights into its conceptualization and effect on firm outcomes. Based on prior research and work experience models, we suggest a new framework for measuring IE, including three components: length of time, number of countries, and cultural distance, along with their interactions. Drawing upon social and cognitive learning theories, we explore the impact of CEOs' IE on two outcomes: strategic c...
