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作者：Boubakri, Narjess; Guedhami, Omrane; Kwok, Chuck C. Y.; Saffar, Walid
作者单位：American University of Sharjah; University of South Carolina System; University of South Carolina Columbia; Hong Kong Polytechnic University
摘要：Using a large hand-collected database of 605 privatized firms from 48 countries, we examine the relationship between the collectivism measure of culture and residual state ownership in privatized firms. We find that the continued role of government in privatized firms is positively related to collectivism. This result is robust to using alternative measures of collectivism and government control, as well as when we address the endogeneity of collectivism. Finally, we examine the economic outco...
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作者：Shaffer, Margaret A.; Reiche, B. Sebastian; Dimitrova, Mihaela; Lazarova, Mila; Chen, Shoshi; Westman, Mina; Wurtz, Olivier
作者单位：University of Wisconsin System; University of Wisconsin Milwaukee; University of Navarra; IESE Business School; Oakland University; Simon Fraser University; Tel Aviv University; University of Vaasa
摘要：Although the original model of expatriate adjustment proposed by Black and colleagues has received substantial empirical support, it has come under increased academic scrutiny, due to both the conceptual overlap among its dimensions and its limited applicability for global professionals who interact with individuals from diverse cultures. Drawing on role theory, we conceptualize and develop a multidimensional scale of the work-and family-role adjustment of global professionals. We assess this ...
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作者：Thanassoulis, John; Somekh, Babak
作者单位：University of Warwick; University of Haifa
摘要：Investor time horizon varies by company, industry and economic system. In this article we explore the importance of this variation by studying the impact of shareholder time horizon on the investment decisions of the firms they own, and externalities on the wider market. We demonstrate theoretically that short-term shareholders cause Boards to care about the path of the stock price, rationalising firms' pursuit of investments for signalling reasons at the expense of long-term value. We demonst...
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作者：Choi, Jeongho; Contractor, Farok J.
作者单位：Rutgers University System; Rutgers University Newark; Rutgers University New Brunswick; Rutgers University System; Rutgers University New Brunswick; Rutgers University Newark
摘要：We identify a variety of R&D alliance modes in a knowledge-intensive industry (e.g., Pharmaceuticals), and classify them into four ordered categories which go beyond the traditional binary equity vs non-equity alliance classification. This enriches our understanding of alliance governance structures and broadens the application of alliance modes in what is today a more complicated international R&D collaboration setting. We then explore national, industry and firm factors that determine the se...
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作者：Ma, Li; Chen, Aihua; Zhang, Zhi-Xue
作者单位：Peking University; Chongqing University
摘要：The article extends research on the contingency of fit in international management at the level of managerial tasks. Foreign firms' managerial tasks are embedded in two environments with different profiles, and different managerial cultures fit them to ensure task success. Study 1 analyzes 18 critical incidents, summarizes Chinese and Japanese managerial cultures, and identifies three types of managerial tasks. We hypothesize that task success depends on the fit between task type and the chose...
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作者：Dai, Na; Nahata, Rajarishi
作者单位：State University of New York (SUNY) System; University at Albany, SUNY; City University of New York (CUNY) System; Baruch College (CUNY)
摘要：We examine cross-border syndication in investments led by foreign venture capitalists (VCs) focusing on the potential correlation between cultural differences and the formation of VC syndicates. Contrary to the risk-sharing motive, we find that a greater cultural disparity between the countries of investors and their companies is actually associated with smaller VC syndicates. This is driven largely by lesser local investor representation in foreign VC-led syndicates. However, certain cultural...
