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作者:Lawler, John J.; Chen, Shyh-jer; Wu, Pei-Chuan; Bae, Johngseok; Bai, Bing
作者单位:National Sun Yat Sen University; University of Illinois System; University of Illinois Urbana-Champaign; National University of Singapore; Korea University; University Redlands
摘要:This study examines the implementation of high-performance work systems (HPWSs) in 217 subsidiaries of American-based multinational enterprises operating in 14 countries in Asia, Africa, and Europe. Specifically, this paper explores the effect of host-country institutional factors on the extent of HPWS implementation in subsidiaries, and focuses on strong agency influences and dominance effects. The proposed model was more successful in explaining the effect of HPWSs on rank-and-file employees...
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作者:Brenner, Steffen
作者单位:Copenhagen Business School
摘要:We study revelation behavior at illegal international cartels. Our hypotheses suggest that a resource advantage induces executives of large multinational enterprises (MNEs) to be more likely to reveal the cartel and to cooperate with the antitrust agency during the prosecution stage. Moreover, we expect the cultural background to influence the firm's inclination to reveal incriminating evidence. Empirical tests based on data about cartel breakdowns under the EU Leniency Program show that large...
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作者:Li, Shujing; Qiu, Jiaping; Wan, Chi
作者单位:McMaster University; Carleton University
摘要:This paper investigates the effect of corporate globalization on bank loan contracts, as reflected in both price and non-price loan terms. We show that globally diversified firms receive more favorable valuation from creditors than domestic firms do. Specifically, we find strong evidence that global firms are charged lower loan rates, and are spared the more restrictive non-price contractual terms such as short maturity and collateral requirements. Our results are robust to various extensions,...
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作者:Allen, Linda; Chakraborty, Suparna; Watanabe, Wako
作者单位:City University of New York (CUNY) System; Baruch College (CUNY); Keio University; City University of New York (CUNY) System; Baruch College (CUNY); City University of New York (CUNY) System
摘要:Can regulatory interventions alleviate financial crises? If so, which ones work? We draw inferences from the Japanese banking crisis of the 1990s using a hand-gathered database of bank loans gathered from original sources. Our results indicate that whereas risk-based capital infusions in Japan (similar to those following the 2009 Supervisory Capital Assessment Program (stress tests) in the US) were successful in stimulating aggregate lending by Japanese banks, earlier blanket infusions (compar...
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作者:Rubera, Gaia; Ordanini, Andrea; Griffith, David A.
作者单位:Michigan State University; Michigan State University's Broad College of Business; Bocconi University
摘要:Extending our understanding of the effects of perceived product creativity, this study contributes to the literature by empirically investigating the influence of cultural values on the relationship between the creativity dimensions of novelty and meaningfulness and intention to buy. Schwartz's values framework is employed to theorize cultural differences. The results, based upon 206 Italian and 201 US consumers surveyed via a mall-intercept approach, indicate that novelty is a more important ...
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作者:Tan, Danchi; Meyer, Klaus E.
作者单位:National Chengchi University; University of Bath
摘要:Foreign investors access local knowledge by co-locating with other foreign direct investment (FDI) firms. However, different aspects of local knowledge can be obtained from different local businesses. Thus some foreign investors co-locate with FDI firms from the same country of origin, while others co-locate with foreign industry peers. We argue that, relative to industry FDI agglomeration, country-of-origin agglomeration provides an effective channel for the sharing of sensitive and tacit kno...
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作者:Jesus Nieto, Maria; Rodriguez, Alicia
作者单位:Universidad Carlos III de Madrid
摘要:The offshoring of knowledge services has become a phenomenon of increasing importance for firms, but many of its implications are yet to be discussed thoroughly. This paper analyzes whether R&D offshoring contributes to enhancing firms' innovation capabilities. Specifically, the study distinguishes between two governance models of offshoring - captive offshoring and offshore outsourcing - and two types of innovation outcomes - product and process innovations. We suggest that R&D offshoring has...
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作者:Hope, Ole-Kristian; Thomas, Wayne; Vyas, Dushyantkumar
作者单位:University of Toronto; University of Oklahoma System; University of Oklahoma - Norman; University of Minnesota System; University of Minnesota Twin Cities
摘要:As shown in the international business literature, the ability of controlling owners to extract private benefits is greater in countries with weaker legal institutions. In these countries, providing credible financial information could play an especially important role in reducing information asymmetry between private firms and external providers of finance. For our sample of firms across 68 countries, we find that firms with greater financial reporting credibility (i.e., annual financial stat...
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作者:Li, Kai; Griffin, Dale; Yue, Heng; Zhao, Longkai
作者单位:University of British Columbia; Peking University
摘要:We investigate the role of firms' country of origin in financial leverage decisions. Foreign joint ventures in China face a common set of country-level formal institutional constraints, but vary in the cultural values they bring from their countries of origin. We hypothesize that national culture enters the joint optimization process, leading to foreign joint ventures' leverage decisions, and that it affects leverage decisions both directly and indirectly. Employing a hierarchical linear model...
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作者:Sullivan, Daniel; Nerur, Sridhar P.; Balijepally, VenuGopal
作者单位:University of Delaware; University of Texas System; University of Texas Arlington; Texas A&M University System; Prairie View A&M University
摘要:The absence of systematic assessment of IB's performance as a reference discipline prolongs questioning of the contribution that IB scholarship makes to other business fields: put simply, do IB journals export more ideas to allied disciplines than they import from them? Difficulty in evaluating the merits of, let alone the need for, solutions offered to boost interdisciplinary relevance slows validation of the ontological principles and epistemic standards of IB research. This paper begins to ...