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作者:Nguyen, Quyen T. K.; Rugman, Alan M.
作者单位:University of Reading
摘要:We examine the internal equity financing of the multinational subsidiary which retains and reinvests its own earnings. Internal equity financing is a type of firm-specific advantage (FSA) along with other traditional FSAs in innovation, research and development, brands and management skills. It also reflects subsidiary-level financial management decision-making. Here we test the contributions of internal equity financing and subsidiary-level financial management decision-making to subsidiary p...
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作者:Belderbos, Rene; Lokshin, Boris; Sadowski, Bert
作者单位:KU Leuven; Maastricht University; Maastricht University; Eindhoven University of Technology
摘要:Extant research on research and development (R&D) internationalization has not examined how effective foreign R&D investments are in generating positive returns for the investing firms, in particular in comparison and conjunction with the effects of domestic R&D investments. We examine the effectiveness of international knowledge sourcing through foreign R&D in an empirical analysis of the productivity effects of foreign and domestic R&D investments in a large panel of firms based in the Nethe...
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作者:Stahl, Guenter K.; Tung, Rosalie L.
作者单位:Vienna University of Economics & Business; Simon Fraser University
摘要:The results of a content analysis of 1141 articles published in the Journal of International Business Studies over a 24-year time period (1989-2012) reveal that a pervasive tendency exists in the international business (IB) literature towards emphasizing the adverse outcomes associated with cultural differences more than the positive effects. We argue that this imbalance is not an accurate reflection of the reality of cross-cultural contact in IB and that it has hindered our understanding of t...
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作者:Bordia, Sarbari; Bordia, Prashant
作者单位:Australian National University
摘要:Language holds a central role in sustainable international expansion for multinationals. The choice of the functional language can facilitate or hinder communication between headquarters and subsidiary locations. In order to communicate effectively with the parent organization, host country employees often have to adopt a language that is not native to the subsidiary region. We take a subsidiary employee perspective in presenting an interdisciplinary theoretical model of host country employees...
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作者:Cuypers, Ilya R. P.; Ertug, Gokhan; Hennart, Jean-Francois
作者单位:Singapore Management University; University of Pavia; Queens University Belfast; Tilburg University
摘要:We study the effects of linguistic distance and lingua franca proficiency on the equity stake taken by acquirers from 67 countries in 59,092 acquisition targets in 69 host countries. We theorize and find that acquirers take lower equity stakes in foreign targets when linguistic distance and differences in lingua franca proficiency between them are high, and take higher stakes when the combined lingua franca proficiency of the parties is high. We also find that linguistic and cultural distance ...
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作者:Dheer, Ratan J. S.; Lenartowicz, Tomasz; Peterson, Mark F.
作者单位:State University System of Florida; Florida Atlantic University; Maastricht University
摘要:As India continues to emerge as a global economic player, scholars and practitioners increasingly need to understand the cultural heterogeneity within this large and populous nation. Based on Lenartowicz and Roth's framework of culture assessment, we have identified nine distinct subcultural regions of India and used explanations grounded in functional and neo-institutional theories to account for the origin and maintenance of cultural distinctiveness of these regions. Further, we developed se...