-
作者:Bova, Francesco; Vance, Marshall
作者单位:University of Toronto; University of Southern California
摘要:We examine the impact of the cultural norm of uncertainty avoidance on employee stock option (ESO) exercise behavior using proprietary data from a multinational firm. We find that employees from countries with higher levels of uncertainty avoidance exercise their stock options earlier. These findings lend support to a maintained assumption in the ESO literature that employee attitudes toward uncertainty influence stock option exercise behaviors. Our findings further help to explain prior findi...
-
作者:Balogun, Julia; Fahy, Kathryn; Vaara, Eero
作者单位:University of Liverpool; Lancaster University; Aalto University; Lancaster University
摘要:This paper marks a departure from the focus on external stakeholders in much research on legitimacy and multinational corporations, adopting a social psychological approach to study how MNCs build internal legitimacy for controversial decisions with their subsidiaries. We explore this through a longitudinal, real-time qualitative case study of a regional office relocation, since office relocations represent rare yet significant strategic decisions. We analyze the interplay between the legitima...
-
作者:Lamberg, Juha-Antti
作者单位:University of Jyvaskyla
-
作者:Luo, Yadong; Zhang, Huan; Bu, Juan
作者单位:University of Miami; Sun Yat Sen University; Indiana University System; IU Kelley School of Business; Indiana University Bloomington
摘要:This study reviews research from 1970 through 2016 on developed country multinational enterprises (DMNEs) entering and competing in developing economies. To identify the current state of knowledge of this research and push it further, we review the literature using bibliometric and qualitative content analyses covering leading journals and books. We articulate frontier issues that are understudied yet critical to both theorization and practice of DMNEs in developing economies. We discuss the f...
-
作者:Zhong, Weiguo; Lin, Ya; Gao, Danxue; Yang, Haibin
作者单位:Peking University; Hong Kong Baptist University; Central University of Finance & Economics; City University of Hong Kong
摘要:While research has acknowledged the importance of political risks in affecting multinational companies' behavior and performance outcomes, the roles of political agents in this process have largely been ignored. This study explores one important dimension of political risks caused by politician turnover at the sub-national level and examines its influence on the performance of foreign subsidiaries. We contend that policy uncertainty arising from politician turnover adversely affects the perfor...
-
作者:Cordero, Arkangel M.; Miller, Stewart R.
作者单位:University of Texas System; University of Texas at San Antonio
摘要:We develop a theoretical framework to explain how political party tenure affects MNE entries into an economy. We leverage insights from the upper echelon and public administration literatures to argue that there is a curvilinear relationship between political party tenure and MNE entries. Moreover, we argue that political parties with an excessive tenure are less responsive to MNEs and more corrupt. Therefore, we further explain the mediating effects of government bureaucratic responsiveness a...
-
作者:Sharma, Amalesh; Kumar, V.; Yan, Jun; Borah, Sourav Bikash; Adhikary, Anirban
作者单位:Texas A&M University System; Texas A&M University College Station; Mays Business School; University System of Georgia; Georgia State University; Huazhong University of Science & Technology; Texas A&M University System; Texas A&M University College Station; Indian School of Business (ISB); Huazhong University of Science & Technology; Indian Institute of Management (IIM System); Indian Institute of Management Ahmedabad; Indian Institute of Management (IIM System); Indian Institute of Management Udaipur (IIMU)
摘要:Building on the network theory and the concept of organizational ambidexterity, we investigate the impact of structural characteristics of a firm's whole buyer-supplier network: network density, betweenness centralization, and average clustering coefficient on its international business (IB) performance. We also explore the moderating roles of average path length and PageRank centrality. Using a manually-collected dataset and a robust empirical methodology, we find that, while network density ...
-
作者:Verbeke, Alain; Fariborzi, Hadi
作者单位:University of Calgary; University of Reading; Vrije Universiteit Brussel; University of Sussex
摘要:We propose an analytical business history approach, informed by new internalisation theory, to study managerial governance adaptation in the multinational enterprise (MNE). We shed new light on the timing and the scale of managerial governance adaptation. These two issues have remained largely unaddressed in mainstream international business theory. We uncover the importance of delayed, larger-scale governance adaptation as a response to cumulative, localised commitment failures. We illustrate...
-
作者:Eddleston, Kimberly A.; Sarathy, Ravi; Banalieva, Elitsa R.
作者单位:Northeastern University; Northeastern University
摘要:While prior research suggests that family firms are risk-averse with regards to internationalization, Hennart et al. (J Int Bus Stud, 2017) show that family firms selling high-quality niche products internationalize as much as their nonfamily-firm counterparts. Our Counterpoint extends Hennart et al.'s (2017) thesis by suggesting that this effect is not universal but depends on the external context (country-of-origin pro-market development) and internal context (professionalization practices)....
-
作者:Surdu, Irina; Mellahi, Kamel; Glaister, Keith W.
作者单位:University of Reading; University of Warwick; University of Leeds
摘要:We investigate foreign market re-entry commitment strategies, namely the changes in the modes of operation (commitment) undertaken by multinational enterprises (MNEs) as they return to foreign markets from which they had previously exited. We combine organisational learning theory with the institutional change literature to examine the antecedents of re-entry commitment strategies. From an analysis of 1020 re-entry events between 1980 and 2016, we find that operation mode prior to exit is a st...