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作者：Kim, Hicheon; Kim, Heechun; Hoskisson, Robert E.
作者单位：Korea University; University System of Georgia; Georgia State University; Rice University
摘要：Viewing market-oriented institutional change as a two-staged process, we propose that the effects of market-oriented institutional change on two organizational forms business-group-affiliated and independent firms are different, depending on the stage of institutional change. Specifically, we examine how the two distinct periods of market-oriented institutional change that is, institutional friction and institutional convergence affect business-group-affiliated firms and independent firms in t...
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作者：Sun, Pei; Mellahi, Kamel; Thun, Eric
作者单位：Fudan University; University of Sheffield; University of Oxford
摘要：This paper examines the complex relationship between the embeddedness of multinational enterprises (MNEs) in host-country political networks and their long-run competitive positions in host emerging markets. We report the findings of a longitudinal study of the Chinese automobile sector from the early 1980s to the mid 2000s. Using data from 142 interviews over 11 years, and a wide range of secondary sources, we explore the process through which the value of political embeddedness changed over ...
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作者：Czinkota, Michael R.; Knight, Gary; Liesch, Peter W.; Steen, John
作者单位：State University System of Florida; Florida State University; Georgetown University; University of Birmingham; University of Queensland
摘要：Terrorism threatens international business (IB) through its direct and indirect effects. As governments tighten security at public sites, businesses have become more attractive terrorist targets, with important implications for the operations and performance of multinational firms. While terrorism has been substantially studied in other fields, there has been little scholarly research to address terrorism and the distinctive challenges that it poses for IB. In this article we conceptualize ter...
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作者：Sawant, Rajeev J.
作者单位：Tufts University
摘要：In this paper a theoretical framework is developed to explain why multinational enterprises invest in infrastructure through the mode of project finance (PF) instead of using corporate finance. Infrastructure assets are susceptible to creeping expropriation from host governments, and to hold-up from concentrated suppliers/buyers. Corporate finance-based foreign direct investment (FDI) cannot fully mitigate these threats. However, PF-based FDI through strategic use of capital structure-chiefly ...
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作者：Boubakri, Narjess; Guedhami, Omrane; Mishra, Dev
作者单位：University of Saskatchewan; Memorial University Newfoundland; University of South Carolina System; University of South Carolina Columbia; Universite de Montreal; HEC Montreal; American University of Sharjah
摘要：Recent research emphasizes that corporate governance becomes critical during economic crises, when the incentives for expropriation of minority shareholders increase. Using the high-profile Asian financial crisis of 1997-1998 and a sample of 566 firms from eight East Asian countries over 1996-1999, we examine the link between family control and agency costs evident in the cost of equity financing for firms. We find that, before the crisis, family control is unrelated to firms' equity financing...
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作者：Blomkvist, Katarina; Kappen, Philip; Zander, Ivo
作者单位：Uppsala University
摘要：The international business literature has identified the overall emergence of technologically advanced foreign subsidiaries of the multinational enterprise (MNE), but little is known about the extent to which individual subsidiaries are able to sustain their contribution to the technological and strategic renewal of the multinational group This paper takes on this neglected question by empirically investigating longitudinal patterns in advanced foreign subsidiaries' entry into technologies tha...
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作者：Bhaumik, Sumon Kumar; Driffield, Nigel; Pal, Sarmistha
作者单位：Aston University; Brunel University
摘要：This paper examines the impact of ownership structures of emerging-market firms, which are shaped by local institutions, on the decision of these firms to undertake outward FDI. Our results suggest that family firms and firms with concentrated ownerships (both ubiquitous in emerging markets) are less likely to invest overseas, and that strategic equity holding by foreign investors facilitates outward FDI. We conclude that organisational forms such as family firms, which are optimal outcomes of...
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作者：Hofstede, Geert
作者单位：Maastricht University
摘要：This is a critical summary review of the debate about the Global Leadership and Organizational Behavior Effectiveness (GLOBE) study in JIBS and other journals between November 2006 and the present issue. Several contributors did not realize that GLOBE used three essential constructs taken from my publications in a sense entirely different from mine: values, practices, and organizational culture. Not recognizing the ensuing confusion, they had no answer for the question in my 2006 review: what ...
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作者：Ambos, Tina C.; Andersson, Ulf; Birkinshaw, Julian
作者单位：Johannes Kepler University Linz; Copenhagen Business School; University of London; London Business School
摘要：The phenomenon of subsidiary initiative has received increasing attention in recent years, but the consequences of initiatives and the associated dynamics of headquarters subsidiary relationships have received much less research attention. Building on resource dependence theory and self-determination theory we argue that two basic goals subsidiary managers pursue are to achieve autonomy vis-a-vis corporate headquarters, and influence over other units. We investigate how a subsidiary's past ini...
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作者：Chen, Shih-Fen S.
作者单位：Western University (University of Western Ontario); University Western Ontario Hospital
摘要：In this study I propose a general transaction-cost economics (TCE) model of international business institutions, in which cross-border transactions can be conducted at multiple market levels (e. g., output, asset, and equity), and the buyer-seller relationship can go both ways (A sells to B, and B sells to A). This general model addresses two major gaps in the literature. First, although market failure is the driving force behind the rise of multinational enterprises (MNEs), most researchers h...
