-
作者:Tan, Danchi
作者单位:National Chengchi University
摘要:We examine the relationship between the foreign market entry strategy and the subsequent growth of a subsidiary. We build upon the Penrose theory of firm growth, and on the organizational economics, international management, and foreign market entry strategy literatures. We hypothesize that the post-entry growth of acquisitions is positively associated with weak and codifiable interdependence within the multinational enterprise network, whereas the post-entry growth of greenfield investments i...
-
作者:Jiang, Marshall S.; Aulakh, Preet S.; Pan, Yigang
作者单位:York University - Canada; Brock University
摘要:Licensing can be considered an initial trial of a foreign market before a firm fully commits to it through other investment modes. The length of trial has great importance, because licensing duration represents part of the licensing agreement. When it is too short, the firm may not acquire the necessary experience and knowledge of the foreign market, but if it is too long, the firm misses optimal expansion timing. Arguing that licensing can be considered as a European-style real option with a ...
-
作者:Musteen, Martina; Datta, Deepak K.; Herrmann, Pol
作者单位:California State University System; San Diego State University; University of Texas System; University of Texas Arlington; Iowa State University
摘要:Drawing on agency theory, corporate governance, and international business literatures, we develop arguments relating equity ownership structures and CEO compensation mix to a firm's choice of foreign market entry modes. Based on a sample of 432 foreign market entries by 118 non-diversified firms in the US manufacturing sector between 1991 and 1998, our findings indicate that greater equity ownership by institutional shareholders and inside directors is positively associated with a preference ...
-
作者:Yeniyurt, Sengun; Townsend, Janell D.; Cavusgil, S. Tamer; Ghauri, Pervez N.
作者单位:University System of Georgia; Georgia State University; Rutgers University System; Rutgers University New Brunswick; Oakland University; University of London; King's College London
摘要:Alliances are recognized as an indispensable tool for managers operating in a global business environment, and as a fundamental stage of the internationalization process of the firm. Drawing on a co-evolutionary framework, this article investigates the mimetic and experiential effects in international alliance formation. We focus on a critical unresolved issue in the literature: what is the role of mimetic behavior and previous alliance experience in mitigating the uncertainty associated with ...
-
作者:Bruton, Garry D.; Ahlstrom, David; Puky, Tomas
作者单位:Chinese University of Hong Kong; Texas Christian University
摘要:This paper examines how differences in distinct institutional clusters of countries impact on the vital entrepreneurial activity of venture capital, and how individuals, organizations, and their collective action in turn shape those institutions. The focus on venture capital offers researchers the opportunity to view an industry that comes from a common root, with strong and consistent traditions, in which to examine how the differing institutional settings impact on behaviors in different mar...
-
作者:Asmussen, Christian Geisler; Pedersen, Torben; Dhanaraj, Charles
作者单位:Copenhagen Business School; Indiana University System; Indiana University Indianapolis; IU Kelley School of Business
摘要:We extend the centers of excellence'' concept to address the diversity and multidimensionality of subsidiary competence. Using Rugman and Verbeke's diamond network model, we hypothesize the contingencies influencing the links between host-country environments and subsidiary competence configuration, and provide evidence from more than 2000 subsidiaries in seven European countries. Our results provide new insights into how multinational enterprises can overcome unbalanced'' national diamonds by...
-
作者:Cheng, Joseph L. C.; J Henisz, Witold; Roth, Kendall; Swaminathan, Anand
作者单位:University of South Carolina System; University of South Carolina Columbia
-
作者:Dissanaike, Gishan; Markar, Imran
作者单位:University of Cambridge
摘要:Some argue that corporate finance and governance practices were among the root causes of the Asian crisis. It is alleged that high and increasing corporate debt ratios were partly to blame. This claim is overstated: only South Korea and arguably Thailand had leverage ratios significantly above the G7 range, and only South Korea had an income-gearing ratio higher than the G7. Although the reliance on short-term debt was high, there was no drastic change in the maturity structure of debt before ...
-
作者:Kumar, Kuldeep; van Fenema, Paul C.; von Glinow, Mary Ann
作者单位:City University of Hong Kong; State University System of Florida; Florida International University; Tilburg University; State University System of Florida; Florida International University
摘要:A recent Offshoring Research Network (ORN) global survey of offshoring shows that since 2004 management concerns about operational issues on achieving the benefits of offshoring have increased significantly. In this paper we examine inter-task interdependence, a key operational determinant of inter-site interaction and communications in offshoring. We analyze existing theories of interdependence to examine the extent to which they provide guidance for understanding the interaction and communic...
-
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...