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作者:Brouthers, Keith D.
作者单位:University of East London
摘要:In this study, we examine foreign market entry mode choice and firm performance for a sample of European Union firms. Examining both financial and non-financial performance measures, we attempt to determine if firms that select their entry mode based on transaction cost, institutional context, and cultural context variables perform better than firms that make other mode choices. We found that mode choice did matter. Firms whose mode choice could be predicted by the extended transaction cost mo...
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作者:Humphery-Jenner, Mark; Suchard, Jo-Ann
作者单位:University of New South Wales Sydney
摘要:We use a comprehensive database of venture-capital-backed companies from China to test whether and how foreign venture capitalists (VCs) can facilitate international initial public offerings of entrepreneurial companies. Foreign VCs increase the likelihood that a portfolio company will list on a foreign exchange and use a top lawyer, banker, or accountant when doing so. The propensity to list overseas is moderated by the number of venture backers, the fund's size, and governance in the domesti...
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作者:Banalieva, Elitsa R.; Dhanaraj, Charles
作者单位:Northeastern University; Indiana University System; IU Kelley School of Business; Indiana University Indianapolis
摘要:Despite the emerging consensus that most multinational enterprises (MNEs) are regional, systematic theory explaining regionalization is conspicuously absent, and empirical findings on its implications for MNE performance remain mixed. Drawing on internalization theory, we suggest that technological advantage and institutional diversity determine firms' home-region orientation (HRO), and we posit a simultaneous relationship between HRO and performance. We apply insights from the firm heterogene...
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作者:Martin, Xavier
作者单位:Tilburg University; Tilburg University
摘要:Several theoretical and empirical developments in the literature on foreign entry mode and performance, and on (international) strategy more generally, were influenced or prefigured by Brouthers' (2002) JIBS Decade Award winning paper. Regarding theory, Brouthers is an archetype of the integration of transaction cost and institutional perspectives. I argue that it is also relevant to the growing literature that aims at synthesizing these and other perspectives. Methodologically, Brouthers (200...
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作者:Eapen, Alex
作者单位:Australian National University
摘要:Scholars studying foreign direct investment (FDI) spillovers usually examine whether productivity gains in domestic firms can be attributed to the presence of foreign firms in their industry. However, empirical estimation is often based on datasets that omit certain kinds of firms in the economy. We argue that identifying FDI spillover effects in such incomplete datasets is problematic, owing to measurement error and selection problems. Using Monte Carlo simulations, we show that spillover eff...
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作者:Caligiuri, Paula; Thomas, David C.
摘要:The peer review process is widely used by academic journals, including the Journal of International Business Studies (JIBS), to evaluate the quality of manuscript submissions relative to the journals' scholarly goals. Our overview suggests that the best reviews also facilitate the introduction of new and important ideas to the field. Content analysis of 156 past JIBS reviews found that the best reviews (highly rated reviews written by reviewers who won the JIBS best reviewer award in 2011 and ...
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作者:Bae, Kee-Hong; Purda, Lynnette; Welker, Michael; Zhong, Ligang
作者单位:York University - Canada; Queens University - Canada; Southwestern University of Finance & Economics - China
摘要:We examine whether certification by an internationally recognized information intermediary helps emerging-market firms overcome the liability of foreignness in capital markets. Specifically, we ask whether securing a credit rating from Standard & Poor's (S&P) enables these firms to certify their financial reporting quality. We hypothesize that the unique information demands of lenders motivate firms to provide more conservative financial statements upon securing an S&P rating. We find evidence...
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作者:Autio, Erkko; Pathak, Saurav; Wennberg, Karl
作者单位:Imperial College London; Michigan Technological University; Stockholm School of Economics
摘要:Although national culture is an important regulator of entrepreneurship, there is a dearth of studies that: (1) explore the effects of national cultural practices on entrepreneurial behaviors by individuals; (2) use appropriate multilevel research designs; (3) consider the effects of culture on different entrepreneurial behaviors, such as entry and post-entry growth aspirations. We combined Global Entrepreneurship Monitor (GEM) and Global Leadership and Organizational Behavior Effectiveness (G...
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作者:Baik, Bok; Kang, Jun-Koo; Kim, Jin-Mo; Lee, Joonho
作者单位:Seoul National University (SNU); Nanyang Technological University; Rutgers University System; Rutgers University New Brunswick; Singapore Management University
摘要:Using foreign institutional ownership data in the US from 1990 to 2007, we examine whether foreign institutional investors face liabilities of foreignness (LOF) in the US stock market. We find that foreign institutional investors prefer low information asymmetry stocks more than domestic institutional investors do, and this preference for low information asymmetry stocks is particularly strong among foreign institutional investors from countries with high LOF. More importantly, we find that a ...
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作者:Ganotakis, Panagiotis; Love, James H.
作者单位:Aston University; University of Leeds
摘要:We investigate how the characteristics and experience of the entrepreneurial founding team (EFT) affect the export orientation and subsequent performance of the businesses they establish, while allowing for the mutually reinforcing relationship between exporting and productivity. Using a sample of UK technology-based firms, we hypothesise and confirm that the set of EFT human capital needed for entering export markets is different from that required for succeeding in export markets. Commercial...