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Knowledge exploration in cross-border acquisitions: how does absorptive capacity matter? Multinational Business Review (IF 3.018) Pub Date : 2024-02-21 Stephanie Moura, Christian Daniel Falaster, Thomas C. Lawton
Purpose This study aims to explore how the absorptive capacity of emerging market multinationals (EMNEs) facilitates increased acquirer performance in industry exploration and technology exploration cross-border acquisitions (CBAs). Design/methodology/approach The research context for this study is Brazilian EMNEs and their CBAs. The final database contains 101 CBAs. Findings The authors find that
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Propagating a permanent war economy? U.S. FDI in warring host countries Multinational Business Review (IF 3.018) Pub Date : 2024-01-10 Li Dai, Yongsun Paik
Purpose Conventional wisdom suggests that war in the host country makes it unattractive for foreign firms to invest. To see if this is true for US firms on the aggregate, this paper aims to examine the veracity of a “permanent war economy” hypothesis, that foreign direct investment (FDI) may, in fact, increase in the host country not despite, but because of, war, i.e. one that lends credence to the
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The role of headquarters in managing coopetition within MNCs: a tale of two paradoxes Multinational Business Review (IF 3.018) Pub Date : 2023-10-30 Roger Schweizer, Katarina Lagerström, Emilene Leite, Cecilia Pahlberg
Purpose The purpose of this paper is to contribute to the discussion on how multinational company (MNC) headquarters (HQs) can manage the existing coopetition paradox to ensure innovation within the MNC. In contrast to the rather scarce previous research, the authors argue that HQ needs to solve the coopetition paradox under the sway of a parenting paradox. Hence, HQ faces a dual paradox. Design/methodology/approach
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Inter-state war, institutions and multinationals: insights from the Russian-Ukraine war Multinational Business Review (IF 3.018) Pub Date : 2023-10-13 Martin David Owens
Purpose Wars, and violent conflicts generally, can generate significant institutional dynamics and new legitimacy pressures for multinational enterprises (MNEs). The purpose of this paper is to understand the nature or source of institutional pressures facing MNEs in war and to examine how MNEs respond and navigate these institutional pressures. Design/methodology/approach This is a conceptual paper
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Stabilizing or destabilizing: the effect of institutional investors on stock return volatility in an emerging market Multinational Business Review (IF 3.018) Pub Date : 2023-10-09 Shallu Batra, Mahender Yadav, Ishu Jindal, Mohit Saini, Pankaj Kumar
Purpose This study aims to examine the impact of institutional investors and their classes on the stock return volatility of an emerging market. The paper also determines the moderating role of firm size, crisis and turnover on such relationships. Design/methodology/approach The study covers nonfinancial companies of the Bombay Stock Exchange-100 index that are listed during the study period. The study
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The subsidiary strategising process for a competence-creating role Multinational Business Review (IF 3.018) Pub Date : 2023-09-27 Niall O'Riordan, Paul Ryan, Ulf Andersson
Purpose The authors’ contention in this paper is that the expression of subsidiary strategy in IB literature has become fragmented and incomplete. Therefore, this study aims to propose a rethink on how IB scholarship approaches the important issue of subsidiary strategy by holistically examining the discrete and integrated set of activities, choices and decisions that constitute the subsidiary strategy
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Does state ownership mitigate political risk in foreign direct investments? Evidence from subsidiary-level data for Norwegian MNEs Multinational Business Review (IF 3.018) Pub Date : 2023-09-13 Asmund Rygh, Carl Henrik Knutsen
Purpose Recent international business research finds that state-owned multinational enterprises (SOMNEs) invest relatively more in politically risky host countries than do privately-owned multinational enterprises (MNEs). This study aims to investigate theoretically and empirically whether state ownership mitigates the impact of host-country political risk on subsidiary economic risk. Design/methodology/approach
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Internationalization and firm performance: moderating role of multi-stakeholder initiatives Multinational Business Review (IF 3.018) Pub Date : 2023-08-22 Sang-Bum Park
Purpose Previous scholars have assumed that multinational enterprises (MNEs) can reduce the liability of foreignness and increase profitability by investing in corporate social responsibility (CSR). However, empirical validation of this assumption has rarely been attempted. This study aims to provide empirical evidence that the adoption of multi-stakeholder initiatives, which are globally recognized
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The ambiguity and limitations of measuring firm-level multinationality: a theoretical and empirical exploration Multinational Business Review (IF 3.018) Pub Date : 2023-08-17 Patrik Vaněk
Purpose This paper aims to explore the ambiguity and limitations of measuring firm-level multinationality (FLM) using theoretical and empirical comparisons of existing methods. The paper puts forward a list of five key aspects that collectively serve as a tool for researchers to select the most appropriate method for future research and as a basis for the future development of methods. Design/methodology/approach
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Striking a balance? Finance perspectives on international business research Multinational Business Review (IF 3.018) Pub Date : 2023-07-28 Jakob Müllner, Igor Filatotchev, Thomas Lindner
Purpose The purpose of this paper is to bridge the disciplinary divide between international finance and international business (IB) to realign academic research with business reality in which strategy and finance align to determine firms’ success or failures. Design/methodology/approach The authors discuss theoretical differences between the fields of international finance and IB strategy that caused
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Balancing home unit visibility and integration in host unit: understanding differences in repatriation adjustment processes Multinational Business Review (IF 3.018) Pub Date : 2023-07-28 Hammad Ul Haq, Jiyoung Shin, Hyo Eun Cho, Sophie Junge
Purpose The purpose of this study is to examine the question of whether the repatriation adjustment process varies with different combinations of duration and purpose of international assignments. Design/methodology/approach A multiple-case study within one company was conducted based on in-depth interview data. Findings The authors find that learning-driven international assignments are more beneficial
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Global fintech trends and their impact on international business: a review Multinational Business Review (IF 3.018) Pub Date : 2023-07-20 Douglas Cumming, Sofia Johan, Robert Reardon
Purpose This paper aims to provide an in-depth examination of the emergent state of financial technology (fintech), particularly emphasizing capital-raising innovations and their implications for international business. Design/methodology/approach Using the highly influential articles published in fintech, the authors identify the advantages and disadvantages of each significant fintech in the credit
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Towards a unified typology of digital communication technologies in international business: a tool for management and research Multinational Business Review (IF 3.018) Pub Date : 2023-07-17 Christopher Hazlehurst, Michael Etter, Keith D. Brouthers
Purpose Digital communication technologies have become ubiquitous for various firm processes related to international business (IB) and global strategy. However, IB and strategy scholars lack an encompassing and theory-based typology of these technologies that facilitates analysis and discussion of their uses and effects. Likewise, managers have a large choice of technologies at their disposal making
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The role of national context in the relationship between founder CEO and IPO performance Multinational Business Review (IF 3.018) Pub Date : 2023-06-28 Christina Tupper, Anju Mehta
Purpose Although founders are often replaced with external CEOs prior to firms making IPOs, firms that do retain founder CEOs generally perform better at IPO. However, this relationship may be contingent upon context. This study aims to investigate how national context influences the relationship between a founder CEO and IPO long-run performance. The authors hypothesize that founder-CEOs will perform
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Adjustment strategies for firms affected by international sanctions Multinational Business Review (IF 3.018) Pub Date : 2023-06-21 Omid Aliasghar, Elizabeth L. Rose
Purpose When terrorism threaten geopolitical stability, many policymakers turn to economic sanctions. In this way, governments and multilateral organizations continue to affect corporate and managerial choices, through the shaping and constraining of international trade policies. Still, most of the international business remain relatively quiet about the impact of the non-market environment on firms’
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Export duration and product innovations: do born globals learn by exporting differently? Multinational Business Review (IF 3.018) Pub Date : 2023-06-07 Sui Sui, Matthias Baum, Dandan Li
Purpose This paper aims to study the learning-by-exporting effect among small-to-medium-sized enterprises (SMEs). Specifically, the authors propose a dynamic perspective and suggest that learning-by-exporting is duration-dependent and contingent upon the born global internationalization strategy. In earlier phases of export activities, exporting has had a strong positive effect on SMEs’ innovations
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Product and business process innovation, competitive advantage and export performance Multinational Business Review (IF 3.018) Pub Date : 2023-06-01 José Piñera-Salmerón, Raquel Sanz-Valle, Daniel Jiménez-Jiménez
Purpose This paper aims to contribute to the understanding of the relationship between innovation and export performance by examining the effect of different types of innovation on export performance and testing the assumption underlying most studies in the field that competitive advantage mediates this relationship. Design/methodology/approach From the literature review, this paper proposes a research
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Predictive value of supply chain sustainability initiatives for ESG performance: a study of large multinationals Multinational Business Review (IF 3.018) Pub Date : 2023-05-30 Arindam Das
Purpose Although the integration of sustainability into business strategies and operations has received considerable scholarly attention, little is known about how sustainability initiatives across the extended value chain affect this integration. This study aims to analyze the impact of multinational corporations’ supply chain sustainability initiatives on their environmental, social and corporate
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Policies to support the internationalisation of latecomer science-based firms: the experience of large Brazilian pharmaceutical companies Multinational Business Review (IF 3.018) Pub Date : 2023-05-19 Fernanda Steiner Perin, Julia Paranhos
Purpose This study aims to analyse how different types of public policies have supported the internationalisation of latecomer science-based firms, taking the case of large Brazilian pharmaceutical companies (LBPCs). Design/methodology/approach The methodology comprises a multiple case study and uses a literature review, fieldwork interviews and document analysis of eight LBPCs, five policymakers and
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From TMT multiculturalism to strategic agility: business model innovation in MNEs Multinational Business Review (IF 3.018) Pub Date : 2023-05-01 C. Lakshman, Jorge Gonzalez
Purpose This study aims to theoretically explore the relationship between potential antecedents of business model innovation (BMI) in multinational enterprises (MNEs) and the paths through which BMI unfolds in such contexts. This study theorizes how multiculturalism in top management teams (TMTs) influences team-level cultural intelligence (CQ), which enhances firm strategic agility and helps develop
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International alliance networks, expansion modes and coopetition Multinational Business Review (IF 3.018) Pub Date : 2023-04-13 Luis Miguel Bolivar, Cristóbal Casanueva, Ignacio Castro Abancéns
Purpose Multinational enterprises (MNEs) strive to expand into new markets either by exploiting their resource base or by gaining access to partner companies that own the required resources. Thus, companies face the compete–cooperate–coopete decision. The purpose of this study is to determine the effect of MNEs’ networks of interorganisational alliances, and their interaction with resource ownership
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Internationalization under attack: the external threat of short sellers Multinational Business Review (IF 3.018) Pub Date : 2023-04-07 Le Xu, Netanel Drori
Purpose The purpose of this paper is to examine the role of short sellers in foreign direct investment (FDI) decisions. Drawing on threat rigidity theory, the authors argue that short sellers pose a threat to chief executive officers (CEOs) by exerting downward pressure to target firms’ stock prices. That threat will evoke rigid managerial responses that hinder new FDI activities. The authors also
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Unintended change of ownership structure and acquisition of IJVs: the effect of initial structural conditions Multinational Business Review (IF 3.018) Pub Date : 2023-03-24 Hamza Aib, Jacques Liouville, Hemant Merchant
Purpose The purpose of this study is to demonstrate the effect of initial international joint ventures (IJV) structural conditions on two main equity-based instability facets: change of IJV ownership structure and acquisition of the IJV by one of the IJV partners. Drawing on the transaction cost theory, the authors examine three key initial structural conditions: IJV formation mode, number of partners
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Taking the long view of the multinational Multinational Business Review (IF 3.018) Pub Date : 2023-03-07 André Sammartino, David Merrett, Pierre van der Eng, Simon Ville
Purpose This paper argues for the benefits to international business (IB) of taking a much longer view at the engagement by multinational enterprises (MNEs) with host locations. Design/methodology/approach The authors showcase a project tracking the engagement by MNEs with Australia over the past two centuries. Extensive archival work has been undertaken to identify and document modes of entry, home
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Influence of target industry growth on premiums in cross-border acquisitions Multinational Business Review (IF 3.018) Pub Date : 2023-01-26 Ralf Bebenroth, Kashif Ahmed
Purpose In this paper, the knowledge-based view of the firm is applied to theoretically elucidate and empirically examine the influence of target industry growth on premium payments in cross-border acquisitions. This study aims to extend internally driven Mergers and Acquisitions research efforts of acquirers to industry contingencies of targets by analyzing cross-border acquirers located within the
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Family firms and international equity-based entry modes: a systematic literature review Multinational Business Review (IF 3.018) Pub Date : 2022-11-16 Barbara Maggi, Claudia Pongelli, Salvatore Sciascia
Purpose Although research on family firms (FF) internationalization has seen a boom over the past 30 years, the understanding of how FFs internationalize with equity modes is still fragmented. Indeed, the majority of extant literature on this topic identifies internationalization with export, overlooking the alternative equity-based entry modes FFs have when entering a foreign country. The purpose
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Integrating external actors into the microfoundations of practice transfer in MNEs: a research agenda Multinational Business Review (IF 3.018) Pub Date : 2022-10-25 Ahmed A.F.M. Hassan, Johann Fortwengel
Purpose The transfer of organizational practices in multinational enterprises (MNEs), typically from the headquarters to foreign subsidiaries, has been a key theme in international business (IB) literature. Research on this topic increasingly acknowledges the important role of organizational actors external to the focal MNE. Furthermore, there is a growing interest in the microfoundational underpinnings
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Industry globalization: construct, measurement and variation across industries Multinational Business Review (IF 3.018) Pub Date : 2022-07-28 Rakesh B. Sambharya, Farok J. Contractor, Abdul A. Rasheed
Purpose The purpose of this paper is to identify some of the major issues relating to the conceptualization and operationalization of industry globalization. Findings Globalized industries have four important characteristics: cross-border product flows, cross-border capital flows, dispersal of global value chains and global competition. However, lack of availability of data limits our ability to develop
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Board independence and firm internationalization: a meta-analysis Multinational Business Review (IF 3.018) Pub Date : 2022-07-15 Ettore Spadafora, Kwabena Aboah Addo, Tatiana Kostova, Makafui Kwame Kumodzie-Dussey, Ezekiel Leo, Valentina Marano, Marc van Essen
Purpose Despite agency theory and resource dependence theory suggesting that – albeit through different mechanisms – board independence positively influences firm internationalization, empirical evidence on this relationship has been mixed and inconclusive. Based on this, the purpose of the present study is twofold: first, to analyze and synthesize the existing empirical literature and, second, to
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A bibliometric analysis and future research opportunities in Multinational Business Review Multinational Business Review (IF 3.018) Pub Date : 2022-07-14 Rajesh Jain, Chang Hoon Oh, Daniel Shapiro
Purpose This paper aims to evaluate the past contributions of Multinational Business Review (MBR), identify research gaps and opportunities and provide a research agenda that addresses several sustainability-related and other contemporary challenges. Design/methodology/approach This study analyzes 400 papers published between 2003 and 2021 to map the MBR’s intellectual and conceptual structure using
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The impact of foreign firm ownership on local renewal activities Multinational Business Review (IF 3.018) Pub Date : 2022-06-28 Martin Henning, Ramsin Yakob
Purpose The purpose of this study is to investigate how an increasingly intertwined international geography of ownership affects renewal activities and processes, including innovation, in established local companies that have shifted into foreign ownership. The authors develop a framework for the relations between (foreign) ownership and local renewal activities and processes (including innovation)
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Business against violence: assessing how business impacts peace Multinational Business Review (IF 3.018) Pub Date : 2022-06-16 John Katsos, John Forrer
Purpose This study aims to advance theory on business in conflict zones (often termed “business for peace”) so as to enable the categorization of empirical work testing the field’s assertions. Design/methodology/approach In this conceptual paper, the authors present an assessment framework for categorizing research on the peace impacts of business entities, as suggested by Oetzel et al. (2009). This
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Productivity gap and expatriate utilization Multinational Business Review (IF 3.018) Pub Date : 2022-06-09 Sooyoung Lee, Unjung Whang, Sihoon Nahm, Chang Hoon Oh
Purpose This paper aims to investigate how the gap between a multinational enterprise’s (MNE) productivity and that of its competitor determines the utilization of expatriate managers in its foreign subsidiaries. Design/methodology/approach The authors first develop a formal analytical model where expatriate managers are relatively more reliable and expensive while local managers are prone to job-hopping
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Foreign and domestic multinationals’ linkages in advanced, small open economies: do foreignness, regional origin and technological capability matter? Multinational Business Review (IF 3.018) Pub Date : 2022-05-31 Joanna Scott-Kennel, Axèle Giroud, Iiris Saittakari
Purpose International business theory suggests that multinational enterprises (MNEs) seek to internalise resources embedded in local firms to complement their own through inter-organisational relationships, yet little is known about whether and how these business linkages differ between foreign (F)MNEs and domestic (D)MNEs. This paper aims to explore the linkage differential between DMNEs and FMNEs
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CEO polychronicity and SME internationalization Multinational Business Review (IF 3.018) Pub Date : 2022-05-10 Arpita Agnihotri, Saurabh Bhattacharya
Purpose This study, leveraging the upper echelon and social network theories, aims to explore the association between chief executive officers (CEO’s) polychronicity and small and medium size enterprises (SMEs’) international performance under the complete mediation effect of social networks. The paper explores this relationship under the moderation effect of CEO perceived time pressure and synchrony
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Prevalence of the born-global phenomenon in different countries: an integrated perspective Multinational Business Review (IF 3.018) Pub Date : 2022-04-27 Carlos-Javier Prieto-Sánchez, Fernando Merino
Purpose The main purpose of this study is to analyze how factors such as innovation, entrepreneurial spirit and motivation, as well as various economic and environmental factors, affect the creation of born-global (BG) companies. Design/methodology/approach The research model was tested through logistic regression techniques to a sample obtained from the Global Entrepreneurship Monitor data set for
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Overcoming institutional challenges in cross-border acquisitions: how home- and host-country acquisition experiences shorten the deal completion phase Multinational Business Review (IF 3.018) Pub Date : 2022-03-01 Abrahim Soleimani, K. Michelle Yang
Purpose Drawing on the institutional theory and organizational learning literature, the purpose of this study is to investigate the relationship between prior acquisition experience and the duration of the deal completion stage in cross-border acquisitions and the impacts of the quality of business institutions in the host country and the institutional distance between home and host countries on this
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Environmental, social and governance (ESG) performance in the context of multinational business research Multinational Business Review (IF 3.018) Pub Date : 2022-02-03 Martina K. Linnenluecke
Purpose This paper aims to examine the state of research on environmental, social and governance (ESG) performance in the context of multinational business research. This paper discusses research progress as well as various issues and complexities associated with using ESG ratings in cross-country studies and for assessing the performance of multinational enterprises (MNE) and emerging market multinationals
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Subsidiaries’ behavioural responses to volatile local contexts in emerging African markets: evidence from Nigeria Multinational Business Review (IF 3.018) Pub Date : 2021-11-16 Akiebe Humphrey Ahworegba, Myropi Garri, Christophe Estay
Purpose This paper aims to explore subsidiaries’ behavioural responses to volatile institutional pressures in the local context of the emerging Nigerian market. Design/methodology/approach The authors built on institutional and contingency theory to analyse previous literature on developed markets and apply it to African contexts. The authors used a context-specific volatile local context model to
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Open for business in a closed world? Managing MNE nonmarket strategy in times of populism and geopolitical uncertainty Multinational Business Review (IF 3.018) Pub Date : 2021-10-08 George O. White III, Tazeeb Rajwani, Thomas C. Lawton
Purpose The international strategies of multinational enterprises are increasingly augmented by insights on, and approaches to, external stakeholders and nonmarket dynamics. The rise of populism and increased geopolitical uncertainty have accelerated these efforts, particularly for business leaders anticipating and engaging external agents, events, and issues that challenge the strategic objectives
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Litigations with the home State and internationalization Multinational Business Review (IF 3.018) Pub Date : 2021-10-25 Laura Fernàndez-Méndez, Esteban García-Canal, Raquel García-García
Purpose This paper aims to investigate whether Foreign Direct Investment (FDI) can be driven by the creative compliance knowledge that firms gather in their home country through litigations with the government. Design/methodology/approach The authors draw on the knowledge-based view and organizational learning theory to argue that there is an inverted U-shaped relationship between experience in litigating
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Are Latin American business groups different? An exploratory international political economy perspective Multinational Business Review (IF 3.018) Pub Date : 2021-10-06 Michael Carney, Saul Estrin, Zhixiang Liang, Daniel Shapiro
Purpose This study aims to advance an international political economy (IPE) perspective that geo-political events can have long-lasting imprint effects on countries and their firms. The study also aims to explore the idea that shared political history and geography combine to create specific structural conditions that shape the international competitiveness of all firms in a region. In particular,
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The death of distance, revisited: disseminative capacity and knowledge transfer Multinational Business Review (IF 3.018) Pub Date : 2021-09-24 Chansoo Park
Purpose The purpose of this paper is to assess how the transfer of explicit and tacit knowledge is affected by the knowledge disseminative capacity of a foreign parent firm, with an emphasis on the moderating role of psychic distance, by developing and testing a theoretical model of international joint venture (IJV) learning. Design/methodology/approach The author tested the hypotheses with survey
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A comparative analysis of the internationalization of sub-national and central state-owned enterprises: shreds of evidence from Latin America Multinational Business Review (IF 3.018) Pub Date : 2021-09-15 Diego Finchelstein, Maria Alejandra Gonzalez-Perez, Erica Helena Salvaj
Purpose In this exploratory multiple case study, we aim to compare the internationalization of two state-owned enterprises (SOEs) owned by subnational governments with three owned by central governments in Latin America. This study provides a contextualized answer to the question: What are the differences in the internationalization of subnationally owned SOEs compared to central SOEs? This study finds
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The role of subsidiary dual embeddedness and absorptive capacity in a transition economy Multinational Business Review (IF 3.018) Pub Date : 2021-09-10 Mehdi Rasouli Ghahroudi, Seyed Hossein Chabok, Kieran M. Conroy
Purpose This study aims to focus on dual embeddedness as an important channel through which foreign subsidiaries access and share valuable and idiosyncratic knowledge within the multinational corporation (MNC). The authors examine the dual embeddedness challenges of foreign subsidiaries based in the context of Iran as a transitional market. Design/methodology/approach The final sample includes 144
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The role of market orientation and innovation capability in export performance of small- and medium-sized enterprises: a Latin American perspective Multinational Business Review (IF 3.018) Pub Date : 2021-08-23 Diana Kolbe, Marta Frasquet, Haydee Calderon
Purpose This study aims to extend the existing base of knowledge of proactive and reactive market orientation and innovation capability by testing their impact on the export performance of emerging-market small- and medium-sized enterprises (SMEs) in a Latin American context. Design/methodology/approach This paper is a replication study, and its data were collected through a survey answered by general
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Chairpersons’ hubris and internationalization: evidence from emerging market’s family business groups Multinational Business Review (IF 3.018) Pub Date : 2021-08-17 Arpita Agnihotri, Saurabh Bhattacharya
Purpose This paper aims to explore the association between chairperson hubris and the internationalization of firms belonging to business groups in an emerging market, India, under the boundary conditions of business group internationalization and the tenure of independent board members. Design/methodology/approach Archival data of 163 Indian family firms over a five-year period were used. Findings
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Defining and deterring corporate social irresponsibility: embracing the institutional complexity of international business Multinational Business Review (IF 3.018) Pub Date : 2021-06-07 Stephen Brammer, Giulio Nardella, Irina Surdu
Purpose This paper aims to put forward a definition of corporate social irresponsibility (CSI) which is relevant to the study of complex organizations and in particular, the multinational enterprise (MNE). This paper then offers a framework as a foundation to discuss the institutional complexity of CSI to aid international business (IB) scholars, practitioners and policymakers achieve a clearer understanding
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Revisiting the “matching managers to strategy” argument in the context of a firm’s internationalisation strategy Multinational Business Review (IF 3.018) Pub Date : 2021-06-08 Szymon Kaczmarek, Richard B. Nyuur
Purpose This paper aims to revisit the long-standing in the management literature argument of “matching managers to strategy” in the new empirical context of the top management team (TMT) and firm internationalisation. The purpose of this paper is to examine the consequences of matching nationalities of the TMT members to the multinational corporations’ (MNC) countries of operation. Design/methodology/approach
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The multi-faceted impact of host country risk on the success of private participation in infrastructure projects Multinational Business Review (IF 3.018) Pub Date : 2021-07-05 Alfredo Jiménez, Secil Bayraktar, Jeoung Yul Lee, Seong-Jin Choi
Purpose This paper aims to investigate the multi-faceted impact of host country risks on the success of private participation in infrastructure projects. The authors make a distinction between exogenous and endogenous risks, differentiating those that are completely beyond the control of the firm from those in which firms might exert some degree of influence to reduce the negative repercussions. D
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The concept of “spatial knowledge” used by top-management-teams and CEOs in internationalization Multinational Business Review (IF 3.018) Pub Date : 2021-05-28 K. Skylar Powell, Eunah Lim
Purpose Top-management-teams (TMTs) and chief executive officers (CEOs) dealing with internationalization are naturally predisposed to deal with space, so they will consult “spatial knowledge.” The purpose of this paper is to offer a conceptual description of spatial knowledge used by TMTs/CEOs and to describe how the use of spatial knowledge can be triggered and the resulting biases that arise from
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Fair trade coffee and inclusive globalization: a metamorphosis of institutional entrepreneurship Multinational Business Review (IF 3.018) Pub Date : 2021-04-01 Rong Zhu, Sunny Li Sun, Ying Huang
Purpose Initiated by non-governmental organizations (NGOs) over half a century ago, fair trade has successfully evolved from a regional business discourse to a global social movement within international trade. In the matter of fair trade coffee, this global social movement has transformed the traditional coffee trade structure of inequality and unfairness into a conglomerate of international institutions
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Firm performance in the financial industry: the role of foreign entrants and their origin Multinational Business Review (IF 3.018) Pub Date : 2021-03-08 Dao Thi Hong Nguyen
Purpose This study aims to provide firm-level evidence on the relationship between the presence of financial services multinationals and indigenous counterparts’ performance, using a comprehensive sample of firms in the emerging financial industry in Vietnam. Design/methodology/approach This study uses the generalized method of moments with instrumental variables (IV/GMM) to deal with potential endogeneity
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Impact of the liability of foreignness, domicile of incorporation and an institutional change on reverse merger firms’ capital-raising performance Multinational Business Review (IF 3.018) Pub Date : 2021-03-01 Ho Wook Shin, Seung-Hyun (Sean) Lee, Min-Jung Lee
Purpose The purpose of this study is to examine how the liability of foreignness (LOF), choice of incorporation and an institutional change independently and jointly affect a reverse merger (RM) firm’s capital-raising performance. Design/methodology/approach The study draws on the data of shell reverse merger transactions in the USA from 2007 to 2016. Findings This paper finds that LOF and the choice
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Ways to win: strategic choices, institutions and performance in sub-Saharan Africa Multinational Business Review (IF 3.018) Pub Date : 2021-03-01 Young Hoon An, Soonkyoo Choe, Jihoon Kang
Purpose The purpose of this study is to analyse the effects of market-based and nonmarket-based strategies on firm performance in African countries. This study also investigates host country institutions' effect on the relationship between firm strategies and performance in these countries. Design/methodology/approach Data of 1,276 firms in five African countries were obtained from two different sources:
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Political animosity in cross-border acquisitions: EMNCs’ market and nonmarket strategy in a developed market Multinational Business Review (IF 3.018) Pub Date : 2021-02-22 Ru-Shiun Liou, Lee Warren Brown, Dinesh Hasija
Purpose Many multinational corporations that originate from emerging economies (emerging market multinational corporations (EMNCs)) opt for acquiring a target firm in a developed market to expediently upgrade their strategic capabilities. To successfully achieve their strategic goals in the developed markets, EMNCs may use market actions and nonmarket actions to mitigate the potential risk derived
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Global shift towards stakeholder-oriented corporate governance? Evidence from the scholarly literature and future research opportunities Multinational Business Review (IF 3.018) Pub Date : 2021-02-15 Toru Yoshikawa, Michael Nippa, Gavin Chua
Purpose By reviewing prior scholarly corporate governance (CG) literature and a review of more recent stakeholder studies, this paper aims to examine the extent to which stakeholders and their interests have gained in importance in recent years compared to the shareholder approach, which is dominant in many national economies and suggest future research opportunities. Design/methodology/approach This
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Multilingual and multicultural managers’ effects on team performance: insights from professional football teams Multinational Business Review (IF 3.018) Pub Date : 2021-02-08 Mike Szymanski, Ilan Alon, Komal Kalra
Purpose In this study, micro-foundations of strategy as the theoretical framework to study the effect of managers’ individual characteristics on multinational team performance are adopted. In particular, the purpose of this paper is to study managers’ multilingual communication abilities and multicultural background, and their role in, respectively, effectively reconfiguring team human assets and sensing
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Taking advantage of institutional weakness? Political stability and foreign subsidiary survival in primary industries Multinational Business Review (IF 3.018) Pub Date : 2021-02-03 Nathaniel C. Lupton, Donya Behnam, Alfredo Jiménez
Purpose This paper aims to investigate the extent to which locating primary industry subsidiaries in politically unstable countries impacts their survival. The authors argue that foreign multinational enterprises in less stable political environments can shape policies that are impactful on the costs of operating in primary industries and avoid compliance with more stringent policies at home. Desi
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The business responsibility matrix: a diagnostic tool to aid the design of better interventions for achieving the SDGs Multinational Business Review (IF 3.018) Pub Date : 2020-12-08 Noemi Sinkovics, Rudolf R. Sinkovics, Jason Archie-Acheampong
Purpose This paper aims to propose an integrative framework that enables the mapping of firm activities along two dimensions of responsible business behavior: a width and a depth dimension. Width includes associative, peripheral, operational and embedded responsibility. In terms of depth, we identify delinquent, neutral, nascent, enhanced and advanced levels of responsibility. Design/methodology/approach