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作者:Buckley, Peter J.
作者单位:University of Leeds
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作者:Iurkov, Viacheslav; Benito, Gabriel R. G.
作者单位:Grenoble Ecole Management; BI Norwegian Business School
摘要:We investigate the role of domestic interfirm networks for the foreign divestment decisions of firms. We argue that firms' foreign operations risk being divested when a firm becomes more central in its domestic network. Positive changes in firm centrality at home facilitate access to information about new business opportunities, but they may also lead firms to consider reconfiguring their value chain activities and resources across locations. The resulting opportunity costs of maintaining fore...
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作者:Graafland, Johan; Noorderhaven, Niels
作者单位:Tilburg University; Tilburg University; Tilburg University
摘要:Studies of international differences in firm behavior tend to consider either institutional or cultural factors. Focusing on corporate social responsibility (CSR), we conjecture that not only both institutions and culture need to be taken into account, but also the interaction between these two sets of factors. We theorize that the institutions associated with economic freedom in combination with the cultural trait long-term orientation positively influences CSR practices. Panel data of 5023 c...
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作者:Lundan, Sarianna; Cantwell, John
作者单位:University of Bremen; Aalto University; Rutgers University System; Rutgers University Newark; Rutgers University New Brunswick
摘要:The governance structures of the value-creating activities of MNEs have evolved towards more networked forms that are geographically highly concentrated and involve partnering with diverse actors. The experimentation that takes place within these corporate networks has a parallel on the government side, where subnational governments, and particularly cities as hubs of economic activity, have increased their profile and level of cooperative activity. We argue that engagement in these partnershi...
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作者:Allen, Linda; Chakraborty, Suparna; Hazarika, Sonali; Su, Chih-Huei
作者单位:City University of New York (CUNY) System; Baruch College (CUNY); University of San Francisco; University of Saint Thomas
摘要:In contrast to the literature involving U.S. bank domestic lending, we find that mutual funds affiliated with lending banks reduce their equity investment and turnover in the non-U.S.-listed stock of their non-U.S. borrowers compared to non-lending banks or unaffiliated mutual funds. Reduced equity holdings increase loan spreads, preserving the lending bank's cross-border information monopoly. Equity market holdings and turnover are reduced when banks lend to firms in emerging nations and when...
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作者:Cannon, James N.; Hu, Bingbing; Lee, Jay Junghun; Yang, Daoguang
作者单位:Utah System of Higher Education; Utah State University; Hong Kong Baptist University; University of Massachusetts System; University of Massachusetts Boston; University of International Business & Economics
摘要:Practitioners often claim that takeover pressure induces managerial myopia (short-termism), but academic research provides limited empirical evidence supporting this assertion. Our study fills this void by investigating how takeover threat influences managers' resource-adjustment decisions. Specifically, we exploit the staggered enactments of merger and acquisition laws across countries as exogenous shocks that facilitate takeover transactions and increase takeover threat. While we find some e...
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作者:McGaughey, Sara L.; Raimondos, Pascalis; la Cour, Lisbeth
作者单位:Griffith University; Queensland University of Technology (QUT); Copenhagen Business School
摘要:How does the presence of 'controlled' foreign firms affect the productivity of domestic firms in the same industry? We revisit the historical distinction betweencontrolandinfluenceby the foreign owner and define 'controlled' foreign firms as those with a foreign ultimate owner holding 50% or more of voting shares. Connecting insights from new internalization theory with knowledge-based views of the MNE, we posit that 'controlled' foreign firms will generate larger productivity spillovers than ...
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作者:Beugelsdijk, Sjoerd; van Witteloostuijn, Arjen; Meyer, Klaus E.
作者单位:University of Groningen; Vrije Universiteit Amsterdam; Western University (University of Western Ontario)
摘要:Recent debates on transparency and replicability suggest that JIBS needs to update its approach on data access and research transparency (DART). We propose a series of initiatives, knowing well that there is a balance to be struck. There are clear benefits on the one hand, chief among these the potential for learning and knowledge accumulation, and equally manifest challenges on the other: the imperative to respect privacy, confidentiality, and intellectual property rights. Without addressing ...
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作者:Kano, Liena; Tsang, Eric W. K.; Yeung, Henry Wai-chung
作者单位:University of Calgary; University of Texas System; University of Texas Dallas; National University of Singapore; National University of Singapore
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作者:Kim, Minyoung; Lampert, Curba Morris; Roy, Raja
作者单位:University of Kansas; State University System of Florida; Florida International University; New Jersey Institute of Technology
摘要:This paper examines the impact of the extent of the regionalization of MNEs' R&D activities on their inventive performance. By joining the regionalization theory with the recombinant view of invention, we challenge the implicit assumption that all foreign knowledge-seeking activities will necessarily offer new knowledge to the firm. We introduce the (dis)economies of interdependence, defined as the (dis)advantages that the firm derives due to the interdependence among countries within a region...