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作者:Faff, RW; Marshall, A
作者单位:University of Strathclyde; Monash University
摘要:In this paper we explore some of the potential determinants of foreign exchange (FX) exposure and firm value. We contribute to previous research on stock returns and firm value as we have access to a unique survey database and can include as determinants in our empirical analysis the objectives and emphasis on risk management, as well as considering previous factors including the nature of the business environment. We can also examine any regional influences as our sample includes UK, US and A...
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作者:Meyer, KE
作者单位:Copenhagen Business School
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作者:Meyer, K
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作者:Chen, XP; Li, S
作者单位:University of Washington; University of Washington Seattle; Chinese Academy of Sciences; Institute of Psychology, CAS
摘要:Based on the institutional vs the individual view of culture and the theory of individualism-collectivism in explaining the in-group-outgoup distinction that people make in different cultures, we predicted that Chinese people would make less cooperative decisions than Australians in mixed-motive business situations in which no formal or informal sanction systems were in place. We also predicted that Chinese would be less cooperative with foreigners than with fellow Chinese when they were in a ...
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作者:Soulsby, A; Marschan-Piekkari, R; Welch, C
作者单位:University of Nottingham
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作者:Zahra, SA
作者单位:Babson College
摘要:Oviatt and McDougall's JIBS article identified and defined international new ventures (INVs) and their prominent role in the global marketplace. The article spurred worldwide interest in INVs by raising questions about the validity and efficacy of existing theory, especially about the Uppsala process model of internationalization. The article also laid an important theoretical foundation for research into international entrepreneurship (IE), where younger and well-established companies use the...
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作者:Murray, JY; Kotabe, M; Zhou, JN
作者单位:Saint Louis University; Pennsylvania Commonwealth System of Higher Education (PCSHE); Temple University; City University of Hong Kong
摘要:Although foreign multinational firms from the Triad regions increasingly use mainland China as both a sourcing and a marketing location, no study has directly examined the sourcing strategy - performance linkage. Using resource complementarity and resource dependence theory, we extend the sourcing literature and apply these perspectives to an important transitional economy China. These two theoretical perspectives suggest that product and uncertainty factors moderate the relationship between s...
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作者:Redding, G
作者单位:INSEAD Business School
摘要:Critiques of international business theory have recently pointed to weaknesses in the handling of context, of culture, and of policy implications. It is contended that the origins of such failings lie in the discipline's commonly accepted methodologies, and in turn that they have epistemological roots. As a route out of the dilemmas faced, a proposal is made to adopt more complete ways of handling determinacy, including the influences of history, culture, and the societal emergence of institut...
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作者:Baker, T; Gedajlovic, E; Lubatkin, M
作者单位:University of Connecticut; University of Connecticut; emlyon business school; University of Connecticut
摘要:Shane and Venkataraman's Discovery, Evaluation and Exploitation entrepreneurship framework ignores issues central to comparative international entrepreneurship (IE) because of unnecessarily under-socialized assumptions regarding entrepreneurial opportunities and the individuals who discover them. To better promote comparative IE research, we develop a Comparative Discovery, Evaluation and Exploitation framework (CDEE), which takes as a starting point that individuals motivated by diverse goals...
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作者:Beaulieu, MC; Cosset, JC; Essaddam, N
作者单位:Universite de Montreal; HEC Montreal; Laval University; Royal Military College - Canada
摘要:This paper examines the impact of political risk in Canada on the volatility of stock returns. Our results suggest that political news associated with the possible separation of Quebec from Canada plays an important role in the volatility of stock returns. However, our evidence indicates that investors do not require a risk premium, supporting the idea that political risk is diversifiable. We also show that stock return volatility varies with the degree of a firm's exposure to political risk, ...