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作者:Ke, Dongmin; Ng, Lilian; Wang, Qinghai
作者单位:University of Wisconsin System; University of Wisconsin Milwaukee; Kean University; University System of Georgia; Georgia Institute of Technology
摘要:We analyze the US equity holdings of more than 3000 non-US-based mutual funds from 22 countries and find robust evidence that fund managers strongly prefer to invest in stocks of US firms that have presence in their home country. This home bias is independent of the degree of global involvement and visibility of these US firms. While these firms have significantly greater exposure to local equity markets, their local presence offers little information advantage to local fund managers. Our find...
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作者:Branzei, Oana; Abdelnour, Samer
作者单位:Western University (University of Western Ontario); University Western Ontario Hospital
摘要:This study extends the literature on entrepreneurship in developing countries by offering a two-stage explanation for the paradoxical observation that enterprise activities often flourish under extreme adversity. Our findings complement the base-of-pyramid and peace-through-commerce attention to the growing role of business in international development by fleshing out the functions of enterprise resilience under terrorism. We first explain how terrorism conditions (outbreak, escalation, and re...
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作者:Sarala, Riikka M.; Vaara, Eero
作者单位:Hanken School of Economics; University of North Carolina; University of North Carolina Greensboro; emlyon business school
摘要:In spite of the proliferation of research on cultural differences in international mergers and acquisitions, we lack systematic analyses of the impact of cultural factors on knowledge transfer. In this paper, we argue that both national and organizational cultural differences and cultural integration in the form of cultural convergence and crossvergence affect knowledge transfer in acquisitions. We develop specific hypotheses concerning the nature of these effects, and test our hypotheses with...
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作者:Shao, Liang; Kwok, Chuck C. Y.; Guedhami, Omrane
作者单位:University of South Carolina System; University of South Carolina Columbia
摘要:This interdisciplinary study examines how national culture affects corporate dividend policies. The dividend puzzle is one of the most studied, yet unresolved, issues in financial economics. Prior theoretical and empirical research has suggested several explanations of the dividend puzzle that are rooted mainly in agency, asymmetric information, bird in hand'', and pecking order theories. The main intuition behind our analysis is that dividend policy may be determined not only by an objective ...
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作者:McDermott, Gerald A.; Corredoira, Rafael A.
作者单位:University of South Carolina System; University of South Carolina Columbia; University System of Maryland; University of Maryland College Park
摘要:What types of relational and institutional mechanisms shape knowledge flows and the upgrading capabilities of emerging-market firms in the face of economic liberalization? We analyze the Argentine autoparts sector to distinguish the relative impact of different types of network relationships on a firm's process and product upgrading. A few social ties to international assemblers appear to be most beneficial for local suppliers, although they may be insufficient to compensate fully for the nega...
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作者:Verbeke, Alain
作者单位:University of Calgary
摘要:International acquisitions intended to achieve knowledge transfers and improvements of innovation capacity can only be successful if the acquirer devotes balanced attention to (a) building a unified social community and (b) achieving requisite commonality in dominant logic. The balance between these two dimensions of success depends on the activity class considered: in some activity classes, imposing the acquiring firm's dominant logic will be dysfunctional, and therefore the post-acquisition ...
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作者:Ellis, Paul D.
作者单位:Hong Kong Polytechnic University
摘要:Journal editors and academy presidents are increasingly calling on researchers to evaluate the substantive, as opposed to the statistical, significance of their results To measure the extent to which these calls have been heeded, I aggregated the meta-analytically derived effect size estimates obtained from 965 individual samples I then surveyed 204 studies published in the Journal of International Business Studies I found that the average effect size in International business research is smal...
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作者:Ralston, David A.; Lee, Chay Hoon; Perrewe, Pamela L.; Van Deusen, Cheryl; Vollmer, Guenther R.; Maignan, Isabelle; Tang, Moureen; Wan, Paulina; Rossi, Ana Maria
作者单位:University of Oklahoma System; University of Oklahoma - Norman; State University System of Florida; Florida State University; State University System of Florida; University of North Florida; Vrije Universiteit Amsterdam; Lingnan University
摘要:This paper sequentially addresses a conceptual and an empirical goal. Our conceptual goal was to develop a globally relevant model of the relationship between work role stressors and strain using conservation of resources (COR) theory as our foundation. Stressors included in the model are role conflict and role ambiguity, with three resources - mastery, optimistic orientation, and self-esteem - as moderators on the stressor-strain relationship. With this conceptual framework developed, we expl...
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作者:Zhou, Chaohong; van Witteloostuijn, Arjen
作者单位:University of Antwerp; Utrecht University
摘要:In the current study, expansion of foreign investment in transition economies such as China is analyzed as an organizational selection process in a community ecology setting. Insights from organizational ecology are used to explain how institutional forces constrain ecological processes, together driving the evolution of the population size of foreign-invested enterprises (FIEs), privately held domestic firms, and state-owned domestic organizations. We argue that the variation in the relative ...
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作者:Tung, Rosalie L. l; Verbeke, Alain
作者单位:Simon Fraser University; University of Calgary