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作者:Wang, Stephanie Lu; Luo, Yadong; Lu, Xiongwen; Sun, Jinyun; Maksimov, Vladislav
作者单位:University of Miami; Sun Yat Sen University; Fudan University
摘要:Current theory on foreign subsidiary autonomy is insufficient to examine a situation where a multinational lacks experience to organize global operations, and yet intends to compete extensively with established multinational enterprises (MNEs) from advanced economies. By building on theoretical perspectives developed for emerging-market multinational enterprises (EMNEs), we advance the idea that foreign subsidiary autonomy is a strategic mechanism to overcome the EMNE's weaknesses in managing ...
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作者:Powell, K. Skylar
作者单位:Western Washington University
摘要:Rather than searching for a universal optimal level of multinationality for all firms, we argue that firm-specific attributes should result in firm-specific optimal levels of multinationality. Specifically, we draw upon transaction cost and internalization theory to argue that there will be different optimal levels of multinationality for individual firms, and if firms internalize foreign operations to an extent less than or greater than their individual optimal levels, transaction costs will ...
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作者:Malhotra, Shavin; Gaur, Ajai S.
作者单位:Toronto Metropolitan University; Rutgers University System; Rutgers University Newark; Rutgers University New Brunswick
摘要:This article examines how spatial geography influences firms' choice of control in cross-border acquisitions (CBAs). Building our arguments on the information asymmetry in CBAs, we argue that geographic distance affects adverse selection and moral hazard problems in CBAs. Geographic distance hinders acquirers' efforts to assess the true value of the target firm, prompting them to opt for a partial control. At the same time, geographic distance hampers acquirers' ability to manage contractual r...
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作者:Cerdin, Jean-Luc; Dine, Manel Abdeljalil; Brewster, Chris
作者单位:ESSEC Business School; Universite Jean Monnet; University of Reading
摘要:High-quality employees with international experience bring valuable advantages to internationally operating organizations. The growing number and importance of immigrants, and particularly qualified, university-educated immigrants, deserves more attention from international business practitioners and scholars. The market for highly qualified people within MNCs is increasingly becoming international, and ever more of them have migrated to a new country to advance their career. Such employees ca...
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作者:Monaghan, Sinead; Gunnigle, Patrick; Lavelle, Jonathan
作者单位:University of Limerick
摘要:Significant contemporary challenges face an internationalizing firm, including the non-ergodic nature of investment, and the liability of outsidership. Recent revisions to the Uppsala internationalization process model reflect these challenges, whereby insidership is represented as realized, successful foreign market entry. Drawing upon socio-spatial concepts from international business and economic geography, this paper demonstrates the endogeneity of subnational institutions in shaping forei...
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作者:Lucke, Gundula; Kostova, Tatiana; Roth, Kendall
作者单位:Uppsala University; University of South Carolina System; University of South Carolina Columbia
摘要:Multiculturalism, the internal representation of multiple cultural meaning systems, has critical implications for global managers and multinational corporations (MNCs). Understanding multiculturalism is becoming increasingly important, given that the locations within which MNC activity resides, and the composition of the workforce even within a given location, are more diverse. Building on the connectionism perspective, we offer a novel cognitive conceptualization of multiculturalism that inco...