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作者：Belderbos, Rene; Zou, Jianglei
作者单位：KU Leuven
摘要：This paper develops a real options portfolio perspective on foreign affiliate divestments. Affiliates are less likely to be divested in response to adverse environmental change if they represent growth or switch option value to the multinational firm under conditions of macroeconomic uncertainty. However, the affiliate is partially redundant to the option value of the multinational firm's affiliate portfolio if the affiliate shares the manufacturing platform role in the host country with other...
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作者：Fey, Carl F.; Morgulis-Yakushev, Sergey; Park, Hyeon Jeong; Bjorkman, Ingmar
作者单位：Stockholm School of Economics; University System of Georgia; Georgia State University
摘要：This paper investigates the extent to which different human resource management (HRM) practices work better in different countries. We also try to open the black box between HRM and multinational enterprise (MNE) subsidiary performance by considering mechanisms through which HRM practices affect MNE subsidiary performance. The study utilizes a unique data set consisting of subsidiaries of 241 MNEs operating in Russia, USA, and Finland. In the partial least-square analysis used to examine our h...
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作者：Brannen, Mary Yoko; Peterson, Mark F.
作者单位：California State University System; San Jose State University; INSEAD Business School; State University System of Florida; Florida Atlantic University
摘要：Foreign direct investment, particularly cross-border mergers and acquisitions can spawn a range of individual-level outcomes from cross-cultural adjustment and synergistic learning, on the positive side, to work alienation, on the negative. Unsuccessful navigation of these individual-level outcomes leads to failed integration that can seriously affect the realization of desired organizational outcomes such as successful technology transfer, knowledge-sharing, and the general realization of glo...
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作者：Verbeke, Alain; Greidanus, Nathan S.
作者单位：University of Manitoba; University of Calgary
摘要：Modern transaction cost economics (TCE) thinking has developed into a key intellectual foundation of international business (IB) research, but the Williamsonian version has faced substantial criticism for adopting the behavioral assumption of opportunism. In this paper we assess both the opportunism concept and existing alternatives such as trust within the context of IB research, especially work on multinational enterprise (MNE) governance. Case analyses of nine global MNEs illustrate an alte...
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作者：Lopez, Luis E.; Kundu, Sumit K.; Ciravegna, Luciano
作者单位：State University System of Florida; Florida International University; INCAE Business School; University of London; London School Economics & Political Science
摘要：This paper provides empirical evidence about born-global firms in the software industry of a small developing country with an open economy: Costa Rica. The paper is based on data collected through interviews with CEOs or founders of 40 Costa Rican software companies. Findings show that there are few born-global firms among Costa Rican software providers. We find that most companies followed a gradual approach to internationalization, and they did not export immediately upon birth. A careful an...
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作者：Tan, Danchi
作者单位：National Chengchi University
摘要：We examine the relationship between the foreign market entry strategy and the subsequent growth of a subsidiary. We build upon the Penrose theory of firm growth, and on the organizational economics, international management, and foreign market entry strategy literatures. We hypothesize that the post-entry growth of acquisitions is positively associated with weak and codifiable interdependence within the multinational enterprise network, whereas the post-entry growth of greenfield investments i...
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作者：Jiang, Marshall S.; Aulakh, Preet S.; Pan, Yigang
作者单位：York University - Canada; Brock University
摘要：Licensing can be considered an initial trial of a foreign market before a firm fully commits to it through other investment modes. The length of trial has great importance, because licensing duration represents part of the licensing agreement. When it is too short, the firm may not acquire the necessary experience and knowledge of the foreign market, but if it is too long, the firm misses optimal expansion timing. Arguing that licensing can be considered as a European-style real option with a ...
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作者：Musteen, Martina; Datta, Deepak K.; Herrmann, Pol
作者单位：California State University System; San Diego State University; University of Texas System; University of Texas Arlington; Iowa State University
摘要：Drawing on agency theory, corporate governance, and international business literatures, we develop arguments relating equity ownership structures and CEO compensation mix to a firm's choice of foreign market entry modes. Based on a sample of 432 foreign market entries by 118 non-diversified firms in the US manufacturing sector between 1991 and 1998, our findings indicate that greater equity ownership by institutional shareholders and inside directors is positively associated with a preference ...
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作者：Yeniyurt, Sengun; Townsend, Janell D.; Cavusgil, S. Tamer; Ghauri, Pervez N.
作者单位：University System of Georgia; Georgia State University; Rutgers University System; Rutgers University New Brunswick; Oakland University; University of London; King's College London
摘要：Alliances are recognized as an indispensable tool for managers operating in a global business environment, and as a fundamental stage of the internationalization process of the firm. Drawing on a co-evolutionary framework, this article investigates the mimetic and experiential effects in international alliance formation. We focus on a critical unresolved issue in the literature: what is the role of mimetic behavior and previous alliance experience in mitigating the uncertainty associated with ...
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作者：Bruton, Garry D.; Ahlstrom, David; Puky, Tomas
作者单位：Chinese University of Hong Kong; Texas Christian University
摘要：This paper examines how differences in distinct institutional clusters of countries impact on the vital entrepreneurial activity of venture capital, and how individuals, organizations, and their collective action in turn shape those institutions. The focus on venture capital offers researchers the opportunity to view an industry that comes from a common root, with strong and consistent traditions, in which to examine how the differing institutional settings impact on behaviors in different mar...
