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作者：Foss, Nicolai J.; Mudambi, Ram; Murtinu, Samuele
作者单位：Bocconi University; Pennsylvania Commonwealth System of Higher Education (PCSHE); Temple University; University of Groningen
摘要：The taxation of the multinational enterprise (MNE) has been a continuing concern for policymakers. We argue that the changing nature of the mobile MNE (e.g., its improved ability to fine-slice the value chain and disperse it geographically) makes it increasingly important to rethink current tax policies. First, there should be more focus on the inefficiencies that arise when taxation leads to the inefficient location of MNE activities. Thus, MNEs may shift activities to low-tax jurisdictions t...
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作者：Inkpen, Andrew; Minbaeva, Dana; Tsang, Eric W. K.
作者单位：Arizona State University; Copenhagen Business School; University of Texas System; University of Texas Dallas
摘要：Knowledge leakage as an undesirable outcome for MNEs is an accepted view in IB literature. We challenge this view and argue that knowledge leakage is often unintentional, unavoidable, and beneficial for the MNE. In a highly networked and information-rich society, knowledge leakage from MNEs (1) happens naturally due to interfirm relationships, interactions, and socialization, (2) is unavoidable due to employee mobility, and (3) facilitates knowledge inflows due to the reciprocity nature of kno...
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作者：Li, Wenjing; Ng, Jeff; Tsang, Albert; Urcan, Oktay
作者单位：Jinan University; Chinese University of Hong Kong; York University - Canada; Hong Kong Baptist University; University of Illinois System; University of Illinois Urbana-Champaign
摘要：Using a comprehensive sample hand-collected from the original texts of management earnings forecasts from 27 countries, we provide descriptive evidence on the country-level institutional determinants and economic consequences of forecast characteristics. Using principal component factors constructed from a number of country-level institutional variables, we find that forecast disaggregation, frequency, precision, and attribution vary significantly with the business and accounting environment o...
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作者：Iurkov, Viacheslav; Benito, Gabriel R. G.
作者单位：BI Norwegian Business School; BI Norwegian Business School
摘要：We draw on a social network perspective to explain multinational enterprises' (MNEs) propensity to distribute their operations unevenly across various regions of the world. We focus on how the positioning of MNEs in their domestic network of strategic alliances affects their geographic scope, i.e., whether they concentrate on their home region or expand beyond it. We theorize that embeddedness in alliance networks constitutes a double-edged sword to the geographic scope of MNEs. Strong embedde...
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作者：Young, Susan L.; Welter, Christopher; Conger, Michael
作者单位：University System of Georgia; Kennesaw State University; University System of Ohio; Xavier University; University System of Ohio; Miami University
摘要：How entrepreneurial opportunities are formed and exploited depends upon the institutional environment in which they are embedded. The varying amounts of risk and uncertainty across and within heterogeneous institutional environments have important implications for the types of opportunity developed. While the international business and entrepreneurship literatures consider the effect of environmental risk and uncertainty on firms, risk and uncertainty are often treated as interchangeable or sy...
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作者：Cannizzaro, Anthony P.; Weiner, Robert J.
作者单位：Catholic University of America; George Washington University
摘要：We contribute to IB literature on state-owned multinationals by examining an understudied element of MNE strategy - transparency. Drawing insight from accounting, finance, and political science, we develop theory and hypotheses regarding ownership effects on FDI disclosure. We argue that transparency of outward FDI depends on both state ownership and home and host country institutions. We also posit that host governments harness their SOEs to exploit information disclosed by foreign MNEs, disc...
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作者：Schubert, Torben; Baier, Elisabeth; Rammer, Christian
作者单位：Lund University; Leibniz Association; Zentrum fur Europaische Wirtschaftsforschung (ZEW)
摘要：We develop a behavioural framework of bounded rational decision-making under uncertainty to analyse the role of technological dynamism in the firm's environment for its decision to internationalise innovation. Applying prospect theory, we argue that technological uncertainty in the firm's environment affects its risk preferences differently depending on its technological capabilities. A key prediction is that firms with low capabilities will internationalise innovation when faced by technologi...
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作者：An, Zhe; Chen, Zhian; Li, Donghui; Xing, Lu
作者单位：Monash University; University of New South Wales Sydney; Jinan University; University of Glasgow; University of Edinburgh
摘要：Employing a sample of 26,473 firms across 42 countries from 1990 to 2013, we find that firms located in countries with higher individualism have higher stock price crash risk. Furthermore, individualism can be transmitted by foreign investors from overseas markets to influence local firms' crash risk, and can exacerbate the impact of firm risk taking and earnings management on crash risk. Moreover, the positive relation between individualism and crash risk is amplified during the global financ...
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作者：Huang, Jing
作者单位：Virginia Polytechnic Institute & State University
摘要：US multinational corporations (MNCs) need to allocate decision rights between parent companies and subsidiaries to manage global operations. This article examines how the allocation of decision rights affects foreign earnings management of MNCs. I find that the extent of foreign earnings management increases when parents retain centralized decision rights. But internal cross-border frictions, between parents and their foreign subsidiaries, and the external local legal environment in which fore...
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作者：Kriz, Alexandra; Welch, Catherine
作者单位：University of Queensland; University of Sydney
摘要：While there has been considerable research into the internationalisation of high-technology firms, it mostly assumes that these firms are pursuing global opportunities for technologies which are ready to be sold. This assumption does not hold for firms with 'new-to-the-world' technologies still under development. We investigate the internationalisation patterns of such firms by means of a qualitative case study. Our findings show the internationalisation patterns of the case firms to be uneven...
