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作者:Stallkamp, Maximilian; Pinkham, Brian C.; Schotter, Andreas P. J.; Buchel, Olha
作者单位:Western University (University of Western Ontario)
摘要:We show how the initial subnational entry location of foreign multinational enterprises (MNEs) in China influences their subsequent within-country location choices and expansion speed. We distinguish between MNEs that establish their first subsidiary in co-ethnic cores - dense agglomerations of other firms from the same country of origin - and MNEs that locate their first subsidiary in the periphery, i.e., outside of these co-ethnic cores. To identify co-ethnic cores in China, we employ a geo-...
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作者:Cao, Zhi; Li, Yuan; Jayaram, Jayanth; Liu, Yi; Lumineau, Fabrice
作者单位:University of Wisconsin System; University of Wisconsin Madison; Tongji University; University of South Carolina System; University of South Carolina Columbia; Shanghai Jiao Tong University; Purdue University System; Purdue University
摘要:The existing literature is ambiguous on how exchange hazards influence interfirm governance. Drawing on institutional theory, this study revisits this relationship by examining the moderating effects of national culture. By meta-analyzing 167 articles involving 38,183 interfirm relationships in 35 countries, we found support for the moderating effects of three facets of national culture: collectivism, power distance, and uncertainty avoidance. We discuss the implications of the findings for th...
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作者:Newenham-Kahindi, Aloysius; Stevens, Charles E.
作者单位:University of Saskatchewan; Lehigh University
摘要:Prior research on firms' liability of foreignness (LOF) has emphasized the role of isomorphic behavior in overcoming LOF. However, the literature has not adequately considered how firms can overcome LOF under conditions of institutional complexity, when fundamental differences in firms' home and host country values, beliefs, and rules may make isomorphic behaviors impossible or undesirable. In this article, we use the emerging research on institutional logics and institutional entrepreneurship...
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作者:Asakawa, Kazuhiro; Park, YeonJin; Song, Jaeyong; Kim, Sang-Ji
作者单位:Keio University; Electronics & Telecommunications Research Institute - Korea (ETRI); Seoul National University (SNU); Samsung
摘要:We investigate determinants of global knowledge sourcing of overseas R&D subsidiaries, shedding light on vertical cross-border embeddedness within firms. Drawing on the paradox of embeddedness perspective, which assumes that embeddedness may facilitate or hinder knowledge transfer, we examine the extent to which different types of internal vertical embeddedness administrative versus knowledge - facilitate global knowledge sourcing. We find that vertical administrative embeddedness inhibits glo...
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作者:Liu, Chang; Chung, Chune Young; Sul, Hong Kee; Wang, Kainan
作者单位:Hawaii Pacific University; Chung Ang University; University of Pennsylvania; University System of Ohio; University of Toledo
摘要:This study uses a large sample of Korean firms to examine institutional blockholders' influence on corporate earnings management. The Korean market is an interesting setting to study institutional monitoring because it is dominated by chaebols, which are characterized by ineffective internal governance mechanisms. We find evidence that institutional blockholders deter opportunistic financial reporting, and such activities are the most evident among domestic institutional blockholders. Foreign ...
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作者:Mingo, Santiago; Morales, Francisco; Dau, Luis Alfonso
作者单位:Universidad Adolfo Ibanez; University of Colorado System; University of Colorado Boulder; Northeastern University
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作者:Clark, Daniel R.; Li, Dan; Shepherd, Dean A.
作者单位:IE University; Indiana University System; IU Kelley School of Business; Indiana University Bloomington; University of Notre Dame
摘要:Focusing on the initial stage of foreign market selection (i.e., narrowing a set of potential countries from which to make a final choice), we theorize that manager's country familiarity influences both the decision-making process and outcome. We hypothesize that with increasing country familiarity, (a) manager investment of cognitive effort (process) first increases and then decreases, and (b) the likelihood of a country being included for further consideration (outcome) also increases and th...
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作者:Monaghan, Sinead; Tippmann, Esther
作者单位:Rutgers University System; Rutgers University New Brunswick; Rutgers University Newark; University College Dublin
摘要:We aim to build a greater understanding of how young entrepreneurial firms internationalize fast through foreign subsidiaries to become a multinational enterprise (MNE). Despite the prevalence of fast-paced international expansion, theory development on how it is achieved through high-commitment entry modes has been scarce. Our work substantially addresses this gap by conceptualizing how rapid multinationalization occurs. Using qualitative case studies, we explore eight young entrepreneurial f...
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作者:Cuypers, Ilya R. P.; Ertug, Gokhan; Heugens, Pursey P. M. A. R.; Kogut, Bruce; Zou, Tengjian
作者单位:Singapore Management University; Singapore Management University; Singapore Management University; Erasmus University Rotterdam - Excl Erasmus MC; Erasmus University Rotterdam; Columbia University
摘要:The 30-year anniversary of Kogut and Singh's (1988) groundbreaking study that introduced the concept of cultural distance and its accompanying measure provides the opportunity to take stock of what makes for a good construct. We organize our discussion around the issues of concept, algorithm, and data to clarify and gauge their contribution, before highlighting the impact of their work more generally. Many of the challenges raised by critical observers focus on one of these three dimensions. A...
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作者:Mohr, Alex; Batsakis, Georgios; Stone, Zita
作者单位:Vienna University of Economics & Business; American College of Greece; University of Kent; Brunel University
摘要:We adopt a Penrosean perspective to study the effect of rapid international expansion on the subsequent divestment of international operations. We draw on regional strategy theory and differentiate Penrosean managerial resources by their geographical fungibility to argue that the effect of rapid international expansion on the divestment of international operations varies with the regional patterns of firms' international expansion and international experience. We test our hypotheses using two-...