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作者:Hashai, Niron
作者单位:Hebrew University of Jerusalem
摘要:Born global firms are not actually born global, but rather internationalize rapidly from their inception by expanding their geographic scope and extent of foreign operations. However, it remains unclear whether such firms: (1) simultaneously expand along both dimensions; (2) focus on expanding along a single dimension at a given time, and switch interchangeably between expanding geographic scope and extent of foreign operations in subsequent periods; or (3) stick solely to a specific internati...
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作者:Chang, Sea-Jin; Rhee, Jay Hyuk
作者单位:National University of Singapore; Korea University
摘要:Today, more firms are expanding rapidly into foreign markets to reach global scale quickly, and to capture or nullify first-mover advantages. These trends run counter to the conventional theory of gradual internationalization, which suggests that firms maximize the benefits of learning from prior experience, thereby minimizing the hazard of failure. We argue that this conventional wisdom does not consider the risk of being a perennial late mover in the face of increased global competition. Thi...
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作者:Fransson, Anders; Hakanson, Lars; Liesch, Peter W.
作者单位:Copenhagen Business School; University of Queensland
摘要:In this note we revisit two core propositions of the knowledge-based view of the firm found in the seminal work of Kogut and Zander: (1) that multinational corporations (MNCs) exist because transfers and re-combinations of knowledge occur more efficiently inside MNCs than between MNCs and third parties; and (2) that the threat of opportunism is not necessary, although it may be sufficient, to explain the existence of the MNC. Their knowledge-based view shifted the conceptualization of the firm...
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作者:Bertrand, Olivier
作者单位:Saint Petersburg State University; Universite de Toulouse; Universite Toulouse 1 Capitole; Toulouse School of Economics
摘要:We examine the effect of offshore outsourcing on the export performance of firms. Building on the theories of international business, the resource-based view and transaction cost economics, we argue that offshore outsourcing helps firms - directly or indirectly - to export more. It may reduce their production costs and enhance their flexibility. It may also provide them with new resources and market knowledge. However, the impact of offshore outsourcing depends on the resources and capabilitie...
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作者:Huang, Xiaowen; Rode, Joseph C.; Schroeder, Roger G.
作者单位:University System of Ohio; Miami University; Tilburg University
摘要:Building upon the culturally endorsed implicit theory of leadership, we investigated the moderating effects of national culture on the relationship between organizational structure and continuous improvement and learning. We propose that the relationship between organic organizations (characterized by flat, decentralized structures with a wide use of multifunctional employees) and continuous improvement and learning will be stronger when national cultural endorsement for participative leadersh...
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作者:Liu, Runjuan; Feils, Dorothee J.; Scholnick, Barry
作者单位:University of Alberta
摘要:The tradability revolution in services has led to a dramatic expansion of offshore outsourcing of services, allowing firms to take advantage of lower production costs in foreign countries. However, production costs alone cannot explain the location determinants of offshore outsourcing of services. In this paper, we argue that minimizing transaction costs is also an important determinant of the location of offshore outsourcing of services. We empirically analyze characteristics of services and ...
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作者:Kanagaretnam, Kiridaran; Lim, Chee Yeow; Lobo, Gerald J.
作者单位:McMaster University; Singapore Management University; University of Houston System; University of Houston; McMaster University
摘要:We examine the relation between four dimensions of national culture and earnings quality of banks using a sample of banks from 39 countries. Our main analysis, which focuses on the pre-financial crisis period 1993-2006, indicates that banks in high individualism, high masculinity, and low uncertainty avoidance societies manage earnings to just-meet-or-beat the prior year's earnings. In tests of income smoothing through loan loss provisions, we find that banks in high individualism, high power ...
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作者:Lawler, John J.; Chen, Shyh-jer; Wu, Pei-Chuan; Bae, Johngseok; Bai, Bing
作者单位:National Sun Yat Sen University; University of Illinois System; University of Illinois Urbana-Champaign; National University of Singapore; Korea University; University Redlands
摘要:This study examines the implementation of high-performance work systems (HPWSs) in 217 subsidiaries of American-based multinational enterprises operating in 14 countries in Asia, Africa, and Europe. Specifically, this paper explores the effect of host-country institutional factors on the extent of HPWS implementation in subsidiaries, and focuses on strong agency influences and dominance effects. The proposed model was more successful in explaining the effect of HPWSs on rank-and-file employees...
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作者:Brenner, Steffen
作者单位:Copenhagen Business School
摘要:We study revelation behavior at illegal international cartels. Our hypotheses suggest that a resource advantage induces executives of large multinational enterprises (MNEs) to be more likely to reveal the cartel and to cooperate with the antitrust agency during the prosecution stage. Moreover, we expect the cultural background to influence the firm's inclination to reveal incriminating evidence. Empirical tests based on data about cartel breakdowns under the EU Leniency Program show that large...
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作者:Li, Shujing; Qiu, Jiaping; Wan, Chi
作者单位:McMaster University; Carleton University
摘要:This paper investigates the effect of corporate globalization on bank loan contracts, as reflected in both price and non-price loan terms. We show that globally diversified firms receive more favorable valuation from creditors than domestic firms do. Specifically, we find strong evidence that global firms are charged lower loan rates, and are spared the more restrictive non-price contractual terms such as short maturity and collateral requirements. Our results are robust to various extensions,...