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作者:Knight, Gary A.; Kim, Daekwan
作者单位:State University System of Florida; Florida State University
摘要:The trend of increasing internationalization of small and medium enterprises (SMEs) is noteworthy, because such firms typically have far fewer financial and tangible resources than large multinational enterprises. As a result, international business is often more challenging for smaller firms. In this study we investigate the widespread internationalization of SMEs, and specific factors that support their superior performance abroad. We uncover a collection of intangible capabilities that are ...
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作者:Li, Julie Juan; Zhou, Kevin Zheng; Shao, Alan T.
作者单位:City University of Hong Kong; University of North Carolina; University of North Carolina Charlotte
摘要:Despite the prominence of the competitive strategy perspective, it remains unclear whether foreign firms entering China can still adopt a differentiation or low-cost position to achieve superior performance, given the unique market and institutional environments in China. Alternatively, should foreign firms follow conventional wisdom and actively build managerial ties with government officials and business community to enhance their performance? This study develops and tests an interactive per...
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作者:Johanson, Jan; Vahlne, Jan-Erik
作者单位:Uppsala University; University of Gothenburg
摘要:The Uppsala internationalization process model is revisited in the light of changes in business practices and theoretical advances that have been made since 1977. Now the business environment is viewed as a web of relationships, a network, rather than as a neoclassical market with many independent suppliers and customers. Outsidership, in relation to the relevant network, more than psychic distance, is the root of uncertainty. The change mechanisms in the revised model are essentially the same...
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作者:Asmussen, Christian Geisler
作者单位:Copenhagen Business School
摘要:This paper proposes a multidimensional index of regional and global orientation that can be used in confirmatory studies with econometric methodologies. Unlike extant measures, the index is objectively scaled, and controls for home country orientation and market size differences. The index is shown to be consistent with models of internationalization that incorporate different assumptions about investment choice and global competition. Preliminary results show that large multinationals follow ...
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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:Miller, Danny; Lee, Jangwoo; Chang, Sooduck; Le Breton-Miller, Isabelle
作者单位:University of Alberta; Kyungpook National University (KNU); Hannam University
摘要:Family businesses (FBs) are said to treat their employees with unusual consideration to form a cohesive internal community''. They are also claimed to develop deeper, more extensive connections'' or relationships with outside stakeholders. Both behaviors may increase the viability of a business intended to support an owning family and its later generations. Such social linkages, we believe, may compensate for the lack of capital, product and labor institutional infrastructures in dynamic emerg...
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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:Buckley, Peter J.; Casson, Mark C.
作者单位:University of Leeds; University of Reading
摘要:This paper reviews the progress of the research agenda initiated by The Future of the Multinational Enterprise (1976). Focusing initially on the problem of explaining the existence of the multinational enterprise, the agenda soon broadened to encompass the analysis of alternative modes of foreign market entry, the role of international joint ventures, the impact of innovation on corporate growth, and the role of culture in international business. The core philosophy-based on the Coasian nature...
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作者:Enright, Michael J.
作者单位:University of Hong Kong
摘要:Analysis of survey results from 440 manufacturing multinationals active in the Asia-Pacific shows that there are significant differences in the patterns of location decisions for different corporate activities in the region. Analysis of a random effects mixed model of activity location suggests relationships between a variety of location and firm attributes and foreign investment in different activities, and shows that the patterns of significance among the explanatory variables differ across ...
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作者:Jandik, Tomas; Kali, Raja
作者单位:University of Arkansas System; University of Arkansas Fayetteville
摘要:We examine how the organizational structure for diversification decisions involving firms from different countries is affected by the institutional context of the target country. Our theoretical analysis suggests that, as legal systems improve and information asymmetry is reduced, a transition from relational, firm-like'' arrangements to arm's length, market-like'' arrangements takes place. If institutions continue to improve, eventually a threshold is crossed after which arm's length deals ed...