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作者:Boubakri, Narjess; Mansi, Sattar A.; Saffar, Walid
作者单位:American University of Sharjah; Virginia Polytechnic Institute & State University; Hong Kong Polytechnic University
摘要:We investigate the impact of political institutions on corporate risk-taking. Using a large sample of non-financial firms from 77 countries covering the period from 1988 to 2008, we find that sound political institutions are positively associated with corporate risk-taking, and that this relation is stronger when government extraction is higher. In a subsample of 45 countries, we also find that politically connected firms engage in more risk-taking, which suggests that close ties to the govern...
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作者:Ma, Xufei; Delios, Andrew; Lau, Chung-Ming
作者单位:Chinese University of Hong Kong; National University of Singapore
摘要:We argue that a multinational enterprise's (MNE's) location choice for its host-country headquarters (HCHQ) in the geographic space of the host country is determined by the interplay between the strategic roles of HCHQ in the organizational space of the MNE and the institutional space external and internal to the MNE. We focus on the location choice between Beijing and Shanghai. We test our arguments using data for a sample of Fortune Global 500 corporations in China (1979-2005). This study co...
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作者:Zheng, Xiaolan; El Ghoul, Sadok; Guedhami, Omrane; Kwok, Chuck C. Y.
作者单位:University of Alberta; University of South Carolina System; University of South Carolina Columbia
摘要:This paper examines how national culture, and collectivism in particular, influences corruption in bank lending. We hypothesize that interdependent self-construal and particularist norms in collectivist countries lead to a higher level of lending corruption through their influence both on the interactions between bank officers and bank customers and on the dynamics among bank colleagues. Using a sample covering 3835 firms across 38 countries, we find strong evidence that firms domiciled in col...
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作者:Baaij, Marc G.; Slangen, Arjen H. L.
作者单位:Erasmus University Rotterdam; Erasmus University Rotterdam - Excl Erasmus MC
摘要:Various studies have explored how headquarters (HQ)-subsidiary geographic distance affects HQ decisions about subsidiaries, arguing that such distance causes some strategic options to be selected over others to limit ex post communication costs. These studies have implicitly assumed that a multinational's HQ is spatially concentrated, even though multinationals have increasingly disaggregated their HQ internationally. We examine how such HQ disaggregation changes the role that HQ-subsidiary ge...
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作者:Brockman, Paul; Rui, Oliver M.; Zou, Huan
作者单位:Lehigh University; China Europe International Business School; Shanghai University of Finance & Economics
摘要:We investigate the association between a firm's political connections and its merger and acquisition (M&A) performance. Using a sample of M&A deals made by politically connected acquirers and their matched non-connected peers across 22 countries, we find that political connections play an economically significant role in post-merger performance. The nature of this effect depends on the institutional setting. In countries with strong legal systems or low levels of corruption, politically connec...
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作者:Makela, Kristiina; Bjorkman, Ingmar; Ehrnrooth, Mats; Smale, Adam; Sumelius, Jennie
作者单位:Aalto University; Hanken School of Economics; University of Vaasa
摘要:This paper examines how functional and line-management stakeholders evaluate operational human resource management capabilities in multinational corporation (MNC) subsidiaries. We suggest that such evaluations are a function of two key structural factors: (1) that focal subsidiary human resource (HR) departments respond differentially to the expectations of differently located stakeholders; and (2) that the structural position of the stakeholder determines what cues he or she relies upon to co...
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作者:Flores, Ricardo; Aguilera, Ruth V.; Mahdian, Arash; Vaaler, Paul M.
作者单位:University of New South Wales Sydney; University of Illinois System; University of Illinois Urbana-Champaign; Universitat Ramon Llull; Escuela Superior de Administracion y Direccion de Empresas (ESADE); Wolfram Research, Inc; University of Minnesota System; University of Minnesota Twin Cities
摘要:International business (IB) research has long acknowledged the importance of supranational regional factors in building models to explain phenomena such as where multinational corporations (MNCs) choose to locate. Yet criteria for defining regions based on similar factors vary substantially, thus undermining consensus regarding which regional grouping schemes fit IB research models better. In response, we develop and empirically validate a theory of comparative regional scheme assessment for m...
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作者:Castellani, Davide; Jimenez, Alfredo; Zanfei, Antonello
作者单位:University of Perugia; Universidad de Burgos; University of Urbino
摘要:This paper shows that value creation by multinational enterprises (MNEs) is the result of activities where geographic distance effects can be overcome. We submit that geographic distance has a relatively low impact on international research and development (R&D) investments, owing to the spiky nature of innovation, and to the unique ability of MNEs to absorb and transfer knowledge on a global scale. On the one hand, MNEs need to set up their labs as close as possible to specialized technology ...
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作者:Chabowski, Brian R.; Samiee, Saeed; Hult, G. Tomas M.
作者单位:University of Tulsa; Michigan State University; Michigan State University's Broad College of Business
摘要:This study examines the citations used in the global branding literature (GBL), and evaluates the knowledge structure of this area of research to date. Our bibliometric analysis involves an examination of 120 global branding articles in business-related research. We employ multidimensional scaling to reveal a range of intellectual influences that have helped shape the GBL. The foundation of knowledge in the GBL is uncovered by analyzing co-citation data to identify important topical influences...
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作者:Schotter, Andreas; Beamish, Paul W.
作者单位:Western University (University of Western Ontario)
摘要:This study investigates the widely overlooked phenomenon of multinational enterprise (MNE) location avoidance, utilizing a multi-method research design and data on 131 foreign investment locations. It complements economic-choice-based location research by adding contextual dimensions at the country level that matter to managers personally, and affect decisions at the firm level. We provide a connection between international business research, the behavioral stream in economic geography, and th...