-
作者：Birkinshaw, Julian; Braunerhjelm, Pontus; Holm, Ulf; Terjesen, Siri
作者单位：University of London; London Business School; Royal Institute of Technology; Uppsala University; Queensland University of Technology (QUT); Max Planck Society
摘要：This paper examines the decision by a multinational corporation (MNC) to relocate its business unit and/or corporate HQ overseas. We argue that business unit HQs move overseas in response to changes in the internal configuration of their unit's activities and the demands of the product markets in which they operate, whereas corporate HQs move overseas in response to the demands of external stakeholders, in particular global financial markets and shareholders. Using data on 125 business unit HQ...
-
作者：Douma, Sytse; George, Reje; Kabir, Rezaul
作者单位：Eindhoven University of Technology; Indian Institute of Management (IIM System); Indian Institute of Management Bangalore; University of Stirling
摘要：We adopt a multi-theoretic approach to investigate a previously unexplored phenomenon in extant literature, namely the differential impact of foreign institutional and foreign corporate shareholders on the performance of emerging market firms. We show that the previously documented positive effect of foreign ownership on firm performance is substantially attributable to foreign corporations that have, on average, larger shareholding, higher commitment, and longer-term involvement. We document ...
-
作者：Acedo, Francisco Jose; Barroso, Carmen; Galan, Jose Luis
作者单位：University of Sevilla
摘要：Papers published on the resource-based theory (RBT) have made clear its widespread application, heterogeneity, and usefulness as a strategic approach. This paper empirically analyzes the assumptions underlying the theory from an inductive perspective. The paper differs from previous works by identifying the main trends within the theory and by noting their diffusion among the leading management-oriented journals. Three main trends are shown to coexist within RBT: the resource-based view, the k...
-
作者：Kriauciunas, Aldas; Kale, Prashant
作者单位：University of Michigan System; University of Michigan; Purdue University System; Purdue University
摘要：Firms in transition economies experienced a large exogenous shock in their external business environment in the late 1980s when these economies moved from a socialist-oriented economic environment to a more market-oriented economic environment. This paper examines the following research question in the context of this change: What are some factors that influence transition economy firms to successfully change their operating know-how or knowledge sets to reflect the demands of their new enviro...
-
作者：Miller, Douglas J.
作者单位：Tulane University
摘要：Previous findings that related diversification creates value have been called into question over concerns about methodology and measures. Reviewing existing theory to consider how a firm's knowledge base interacts with its product market activity, I address several of these concerns by creating a measure of technological diversity based on citation-weighted patents. The measure indicates a firm's opportunity for corporate diversification based on economies of scope in valuable knowledge assets...
