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作者:Lee, Seung-Hyun; Makhija, Mona
作者单位:University System of Ohio; Ohio State University; University of Texas System; University of Texas Dallas
摘要:Scholars have noted that international investments have the potential to provide firms with real options value under uncertainty. To assess this issue, prior studies have tended to focus primarily on exchange rate volatility. Although multinational firms face other types of uncertainty as well, including those stemming from their domestic operating environment, the role of such uncertainty for firms' flexibility needs has not been previously considered. In this study we compare the influence o...
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作者:Hope, Ole-Kristian; Kang, Tony; Thomas, Wayne B.; Vasvari, Florin
作者单位:University of Oklahoma System; University of Oklahoma - Norman; University of Toronto; State University System of Florida; Florida Atlantic University; University of London; London Business School
摘要:Foreign operations are becoming increasingly important for US companies. We investigate whether the market's valuation of foreign earnings is a function of the firm's geographic segment disclosures. Specifically, we examine the effects of an increase in the number of geographic segments disclosed and the inclusion of earnings measures in geographic segment disclosures following the adoption of SFAS 131. We find strong evidence that our proxies for increased disclosure are positively associated...
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作者:Luo, Xiaowei; Chung, Chi-Nien; Sobczak, Michael
作者单位:University of Illinois System; University of Illinois Urbana-Champaign; National University of Singapore; University of Illinois System; University of Illinois Urbana-Champaign
摘要:This study examines the impact of national corporate governance models on inward foreign direct investment (FDI) in emerging economies. We consider three potential mechanisms, and conduct an empirical test of how family ownership and control in large group-affiliated firms in Taiwan affect joint venture investment from US and Japanese firms during the period 1988-1998. Results support the neo-institutional perspective of FDI developed in this study: the home-country corporate governance models...
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作者:Puck, Jonas F.; Holtbruegge, Dirk; Mohr, Alexander T.
作者单位:University of Erlangen Nuremberg; University of Bradford
摘要:While there is a vast amount of research on firms' choice of ownership form when entering a foreign market, little attention has been paid to changes in ownership forms of operation abroad after initial entry. Using transaction cost economics and institutional theory we identify a number of factors that may help to explain the likelihood of foreign firms' converting their joint venture with a local firm into a wholly owned subsidiary. We formulate a number of hypotheses and test them against d...
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作者:Eden, Lorraine
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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:Reiche, B. Sebastian; Harzing, Anne-Wil; Kraimer, Maria L.
作者单位:University of Navarra; IESE Business School; University of Melbourne; University of Iowa
摘要:We conceptualize international assignees as informational boundary spanners between multinational enterprise units, and develop a cross-level model that explores how assignees' social capital translates into inter-unit intellectual capital. First, as knowledge brokers, assignees create inter-unit intellectual capital by linking their home- and host-unit social capital, thereby enabling cross-unit access to previously unconnected knowledge resources. Second, as knowledge transmitters, assignees...
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作者:Chi, Tailan; Seth, Anju
作者单位:University of Kansas; Virginia Polytechnic Institute & State University
摘要:This paper examines the choice of mode for a multinational enterprise and a local firm to exploit their complementary capabilities. We develop a combined real options and game-theoretic model of modal choice by incorporating a range of factors drawn from the dynamic capabilities theory and transaction cost or organizational economics. The factors scrutinized in the model include the parties' absorptive capacities, frictions in knowledge and asset markets and associated incentive problems, cost...
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作者:Chua, Roy Y. J.; Morris, Michael W.; Ingram, Paul
作者单位:Harvard University; Columbia University
摘要:This research investigates hypotheses about differences between Chinese and American managers in the configuration of trusting relationships within their professional networks. Consistent with hypotheses about Chinese familial collectivism, an egocentric network survey found that affect- and cognition-based trust were more intertwined for Chinese than for American managers. In addition, the effect of economic exchange on affect- based trust was more positive for Chinese than for Americans, whe...