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作者:Berrone, Pascual; Duran, Patricio; Gomez-Mejia, Luis; Heugens, Pursey P. M. A. R.; Kostova, Tatiana; van Essen, Marc
作者单位:University of Navarra; IESE Business School; Saint Louis University; Arizona State University; Arizona State University-Tempe; Universidad Carlos III de Madrid; Erasmus University Rotterdam - Excl Erasmus MC; Erasmus University Rotterdam; University of South Carolina System; University of South Carolina Columbia
摘要:Family-controlled firms (FCFs)' prevalence, strategies, and performance differ across countries. We explain these differences through the lens of informal institutions, suggesting that different countries have different levels of appreciation for family business. To capture this effect, we introduce the construct of family business legitimacy (FBL) and an associated index (FBLI). We empirically measure FBLI scores for 83 countries spanning both developed and emerging economies. By combining me...
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作者:Ge, Wenxia; Kim, Jeong-Bon; Li, Tiemei; Zhang, Jing
作者单位:University of Ottawa; City University of Hong Kong; University of Colorado System; University of Colorado Denver
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作者:Marano, Valentina; Sauerwald, Steve; Van Essen, Marc
作者单位:Northeastern University; University of Illinois System; University of Illinois Chicago; University of Illinois Chicago Hospital; University of South Carolina System; University of South Carolina Columbia
摘要:We examine the relationship between women directors and corporate social performance (CSP) by considering the contingency effects of home-country culture. Drawing on upper echelons and social role theories, we hypothesize that greater women representation on boards positively affects CSP due to their distinctive expertise, perspectives, and knowledge in this area, which strengthen their firms' attention and resources devoted to it. We then draw on the cultural perspective to explain how nation...
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作者:Hong, Hae-Jung; Minbaeva, Dana
作者单位:NEOMA Business School; Copenhagen Business School; University of London; King's College London
摘要:Multiculturals - individuals with notable cultural knowledge, skills, abilities, and other characteristics (KSAOs) - are widely assumed to contribute to MNE performance leading, ultimately, to global competitive advantages. We nuance this general belief by arguing that what matters for an MNE's competitive advantage is not the employment of multiculturals per se, but rather the MNE's ability to transform multiculturals' KSAOs into strategic human capital resources by creating complementarities...
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作者:Yan, Yan; Li, Jiatao; Zhang, Jingjing
作者单位:Renmin University of China; Hong Kong University of Science & Technology; Chinese Academy of Sciences; University of Chinese Academy of Sciences, CAS
摘要:This study examines firm internal network structures as a defense of intellectual property rights (IPR) in high-risk environments with inadequate IPR protection. Specifically, we investigate firm social and knowledge-based network structures individually. A foreign subsidiary can intensify social complexity by strengthening the small-worldness in its collaboration networks and attenuate knowledge-relatedness by decreasing the small-worldness in its knowledge networks. In a subsidiary, the effe...
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作者:Dau, Luis Alfonso; Chacar, Aya S.; Lyles, Marjorie A.; Li, Jiatao
作者单位:Northeastern University; State University System of Florida; Florida International University; Hong Kong University of Science & Technology
摘要:This editorial introduces the literature on informal institutions and international business (IB) as well as the Special Issue. Informal institutions serve as the invisible threads that connect the fabric of social groupings, making them a critical element in the study of IB, but also especially challenging to capture both theoretically and empirically. As a result, there has been limited work on the topic, a lack of clarity on how to conceptualize and measure informal institutions, and a limi...
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作者:Montiel, Ivan; Park, Junghoon; Husted, Bryan W.; Velez-Calle, Andres
作者单位:City University of New York (CUNY) System; Baruch College (CUNY); Tecnologico de Monterrey; Universidad EAFIT
摘要:We posit that international business and the emergence and spread of communicable diseases are intrinsically connected. To support our arguments, we first start with a historical timeline that traces the connections between international business and communicable diseases back to the sixth century. Second, following the epidemiology of communicable diseases, we identify two crucial transitions related to international business: the emergence of epidemics within a host country and the shift fro...
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作者:Arikan, Ilgaz; Shenkar, Oded
作者单位:University System of Ohio; Kent State University; Kent State University Kent; Kent State University Salem; University System of Ohio; Ohio State University
摘要:The international business (IB) field is maturing and developing conceptual frameworks, dedicated applications, and precise tools. In the course of this progression, the field has started to break away from its disciplinary roots, establishing parsimonious models using finely tuned but confined approaches. While fruitful in solidifying the sovereignty of the field, this progression comes at the expense of detecting and building on major undercurrents that define the rich IB context. We return ...
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作者:Hennart, Jean-Francois; Majocchi, Antonio; Hagen, Birgit
作者单位:Tilburg University; Polytechnic University of Milan; Aalborg University; Luiss Guido Carli University; University of Pavia
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作者:Guedhami, Omrane; Knill, April; Megginson, William L.; Senbet, Lemma W.
作者单位:University of South Carolina System; University of South Carolina Columbia; Sungkyunkwan University (SKKU); State University System of Florida; Florida State University; University of Oklahoma System; University of Oklahoma - Norman; University of International Business & Economics; University System of Maryland; University of Maryland College Park
摘要:The COVID-19 pandemic has led to economic and health crises (twin crises) worldwide. Using a sample of firms from 73 countries over the period January to December 2020, we examine stock price reactions of multinational corporations (MNCs) and purely domestic companies (DCs) to the crisis. We find that, on average, MNCs suffer a significantly larger decline in firm value relative to DCs during the stock market crisis caused by the pandemic with notable heterogeneity in this underperformance acr...