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作者：Zander, Ivo
作者单位：Uppsala University
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作者：Rong, Ke; Parente, Ronaldo; Deng, Ziliang; Kang, Zhengyao; Mudambi, Ram; Newburry, William
作者单位：Tsinghua University; Peking University; University of Bristol; Pennsylvania Commonwealth System of Higher Education (PCSHE); Temple University; Tsinghua University; Peking University
摘要：Despite the increasing recognition of digital globalization in international business (IB) literature, there is a more pressing need for a comprehensive understanding of the unprecedented power generated by big-tech multinational enterprises (MNEs). This paper suggests that harnessing data ubiquity globally, instantaneously, and continuously represents a defining feature and a revolutionary power source for big-tech MNEs. By leveraging global data value chains through a mutually reinforcing da...
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作者：Genin, Aurora; Bu, Juan
作者单位：Indiana University System; Indiana University Bloomington; IU Kelley School of Business
摘要：Climate change poses significant global challenges to multinational enterprises (MNEs). One crucial solution hinges on the development of new technologies to mitigate climate change or adapt to its adverse effects. However, it remains unclear what factors can effectively motivate MNEs' development of climate innovation. Integrating the resource dependence theory and the natural resource-based view, we argue that MNEs' strategies are shaped by their dependence on the global ecological environme...
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作者：Tang, Yinuo; Bu, Juan; Wang, Danqing; Shi, Weilei
作者单位：Peking University; Peking University Shenzhen Graduate School (PKU Shenzhen); Indiana University System; Indiana University Bloomington; IU Kelley School of Business; Hong Kong University of Science & Technology
摘要：The intensifying rivalry between major global economies highlights the need to better understand the politicized nature of international business. This study introduces a new political factor-community political ideology (i.e., the dominant political ideology along the liberalism-conservatism spectrum among a community's members)-and examines its influences on cross-border M&As between countries that are deemed as economic and political rivals. Building on the literature on political ideology ...
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作者：Ni, Xiaoran; Si, Yi; Zhang, Bohui
作者单位：Central University of Finance & Economics; Xiamen University; Xi'an Jiaotong University; The Chinese University of Hong Kong, Shenzhen; The Chinese University of Hong Kong, Shenzhen
摘要：Using a global dataset, we document that an increase in country-level climate vulnerability, measured by exposure, sensitivity, and adaptive capacity to the negative effects of climate change, results in an increase in firm-level stock price crash risk. Among these components, adaptive capacity exhibits the most prominent and persistent explanatory power. We confirm our main findings using an instrumental variable approach and exploring two regulatory shocks that tend to generate worldwide or ...
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作者：Cuervo-Cazurra, Alvaro; Santangelo, Grazia D.; George, Gerard; Tihanyi, Laszlo; Doh, Jonathan; Senbet, Lemma W.; Ma, Xufei
作者单位：Northeastern University; Copenhagen Business School; Georgetown University; Rice University; Villanova University; University System of Maryland; University of Maryland College Park; Chinese University of Hong Kong
摘要：Grand Challenges are complex problems that transcend national borders and affect future generations and, as a result, have traditionally been viewed as the responsibility of governments. Building on economic theories of market imperfections, we introduce a three-pronged framework to explain how multinationals contribute solutions to Grand Challenges. First, we clarify multinationals' solutions by classifying them by their sustainability dimensions and associated market imperfections: solutions...
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作者：Sofka, Wolfgang; Grimpe, Christoph; Kaiser, Ulrich
作者单位：Copenhagen Business School; University of Liverpool; University of Zurich
摘要：Gender wage discrimination is a grand challenge that constrains economic growth worldwide and denies women fair opportunities. Yet, we know surprisingly little about how women's own experiences of wage discrimination steer their career decisions. We adopt the perspective of job-seeking women and argue that prior exposure to wage discrimination reshapes their employer preferences. Specifically, it can flip the liability of foreignness typically faced by foreign MNCs into a perceived employer ad...
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作者：Yan, Shipeng; Jiang, Wei; Xu, Yue
作者单位：University of Hong Kong; Renmin University of China; South China Normal University
摘要：Research suggests that firms participating in stock market liberalization programs are exposed to global investors who can exert cross-border influence on management decisions. Accordingly, as global investors increasingly adopt environmental, social, and governance (ESG) principles, firms in these programs may enhance their corporate responsibility and their commitment to addressing grand challenges. We challenge this literature by explaining why this effect of stock market liberalization pro...
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作者：Natarajan, Siddharth; Li, Qingwei; Park, Seung Ho
作者单位：Nanyang Technological University; Hang Seng University of Hong Kong
摘要：To examine heterogeneity in the internationalization of digital firms, we introduce the concept of digital dampening, which refers to the extent to which non-digital elements are integrated into a digital firm. We argue that digital dampening inhibits internationalization. We develop testable hypotheses about the international multihoming of smartphone apps from China and analyze rich data on 33,878 smartphone apps from 25,233 Chinese vendors on the Tencent app market. Our methodology leverage...
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作者：Berry, Heather; Chauvin, Jasmina; Cheng, Yuxi (Lance); Lee, Narae
作者单位：Georgetown University; University of Texas System; University of Texas at San Antonio; Korea Advanced Institute of Science & Technology (KAIST)
摘要：Recent years have seen a rise in global trade of green products-those designed to minimize environmental harm compared to traditional alternatives. In this study, we examine the relevance of pollution haven effects-i.e., shifts of production toward countries with less stringent environmental standards-in firms' global sourcing strategies for green products. Given the importance of credible and sustainable manufacturing practices in firms' global value chains for green products, we expect that ...
