{"title":"Money laundering as a transnational business phenomenon: a systematic review and future agenda","authors":"E. Isolauri, Irfan Ameer","doi":"10.1108/cpoib-10-2021-0088","DOIUrl":"https://doi.org/10.1108/cpoib-10-2021-0088","url":null,"abstract":"\u0000Purpose\u0000Money laundering continues to emerge as a transnational phenomenon that has harmful consequences for the global economy and society. Despite the theoretical and practical magnitude of money laundering, international business (IB) research on the topic is scarce and scattered across multiple disciplines. Accordingly, this study aims to advance an integrated understanding of money laundering from the IB perspective.\u0000\u0000\u0000Design/methodology/approach\u0000The authors conduct a systematic review of relevant literature and qualitatively analyze the content of 57 studies published on the topic during the past two decades.\u0000\u0000\u0000Findings\u0000The authors identify five streams (5Cs) of research on money laundering in the IB context: the concept, characteristics, causes, consequences and controls. The analysis further indicates six theoretical approaches used in the past research. Notably, normative standards and business and economics theories are dominant in the extant research.\u0000\u0000\u0000Research limitations/implications\u0000The authors review the literature on an under-researched but practically significant phenomenon and found potential for advancing its theoretical foundations. Hence, the authors propose a 5Cs framework and a future agenda for research and practice by introducing 21 future research questions and two plausible theories to help study the phenomenon more effectively in the future.\u0000\u0000\u0000Practical implications\u0000In practical terms, the study extends the understanding of the money laundering phenomenon and subsequently helps mitigating the problem of money laundering in the IB environment, along with its harmful economic and societal impacts.\u0000\u0000\u0000Originality/value\u0000The authors offer an integrative view on money laundering in the IB context. Additionally, the authors emphasize wider discussions on money laundering as a form of mega-corruption.\u0000","PeriodicalId":46124,"journal":{"name":"Critical Perspectives on International Business","volume":" ","pages":""},"PeriodicalIF":2.0,"publicationDate":"2022-10-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48023580","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Dana L. Ott, Snejina Michailova, A. Earl, S. H. Ang
{"title":"International business research on “emerging economies”: a critical review and recommendations","authors":"Dana L. Ott, Snejina Michailova, A. Earl, S. H. Ang","doi":"10.1108/cpoib-11-2021-0100","DOIUrl":"https://doi.org/10.1108/cpoib-11-2021-0100","url":null,"abstract":"\u0000Purpose\u0000Over the past few decades, examinations of emerging economies (EEs) have received increasing attention in international business (IB) research. This article takes a critical stance on some of the re-occurring shortcomings of that research.\u0000\u0000\u0000Design/methodology/approach\u0000The authors conducted a critical literature review of 493 articles on EEs that have been published in five top-tier IB academic journals in the period 2010–2020. True to the nature of a critical literature review, the authors judge and question some of the practices that have impeded knowledge accumulation.\u0000\u0000\u0000Findings\u0000The authors found a recurring lack of definitional clarity and contextualization, as well as overgeneralized inferences from findings. The authors provide recommendations on how to address these weaknesses and a checklist to guide future IB research on EEs.\u0000\u0000\u0000Originality/value\u0000The authors question and problematize what they see as dominant but undesirable practices when conducting EE research. The actionable directions for addressing uncovered issues and checklist to guide future research in this area that the authors offer are rather bold and unambiguous.\u0000","PeriodicalId":46124,"journal":{"name":"Critical Perspectives on International Business","volume":" ","pages":""},"PeriodicalIF":2.0,"publicationDate":"2022-10-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46783179","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Towards a successful learning process of companies from developing countries involved in offshore outsourcing: proposal for an integrative analytical framework","authors":"Amoin Bernadine N’Dri, Zhan Su","doi":"10.1108/cpoib-07-2021-0059","DOIUrl":"https://doi.org/10.1108/cpoib-07-2021-0059","url":null,"abstract":"\u0000Purpose\u0000This paper aims to contribute to international business research by providing an integrative framework of the factors determining the learning process of outsourcing companies in developing countries.\u0000\u0000\u0000Design/methodology/approach\u0000A systematic review of the literature was performed with an analysis of 84 articles published in peer-reviewed academic journals, published between 2000 and 2020.\u0000\u0000\u0000Findings\u0000The results show that the different factors should be seen as complementary and not mutually exclusive. It is the interaction between macro and micro factors that jointly shape the learning of developing country subcontractors. Moreover, the results of the analysis show that many existing studies have not been based on specific theoretical frameworks.\u0000\u0000\u0000Research limitations/implications\u0000This study develops a roadmap of the current state of research on the determinants of learning among developing country subcontractors and offers suggestions to guide future research. The authors conclude with a call for methodological advancement and theory development on the topic.\u0000\u0000\u0000Originality/value\u0000To the best of the authors’ knowledge, this study proposes the first comprehensive review of the literature on the factors determining the learning of subcontractors in developing countries. The authors have tried to provide an integrative analytical framework to discuss what has been known and what needs to be known in this regard.\u0000","PeriodicalId":46124,"journal":{"name":"Critical Perspectives on International Business","volume":" ","pages":""},"PeriodicalIF":2.0,"publicationDate":"2022-10-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48130723","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Time to call time on emerging markets: a critique and a new agenda","authors":"Yusaf H. Akbar","doi":"10.1108/cpoib-12-2021-0108","DOIUrl":"https://doi.org/10.1108/cpoib-12-2021-0108","url":null,"abstract":"\u0000Purpose\u0000First developed in the 1980s, one of the most essential ideas in international business research has the been the concept of emerging markets. Since the start of the twenty-first century, empirical research has shown that there is no clear correlation between long-term real growth in gross domestic product and real equity returns in firms active in emerging markets. The purpose of this paper is to develop an explanation for both the pervasiveness and endurance of the emerging market discourse despite empirical evidence that substantially questions its very robustness.\u0000\u0000\u0000Design/methodology/approach\u0000The author offers a “weak form” critique of the emerging market discourse that identifies weaknesses and gaps in the emerging market concept and offers suggestions on how to modify it without fundamentally rejecting its conceptual and ideological core. This paper also offers a “strong form” critique of emerging markets as a discourse arguing that the discourse itself is actually propagated to maintain and reinforce global economic inequality and should, therefore, be fundamentally transformed.\u0000\u0000\u0000Findings\u0000Based on the strong form critique of emerging markets discourse, this paper shows how a three-phase process allows emerging market discourse to engender strategic and public policy practice. Scholars and educators play a pivotal role through their writing and discursive interactions with students and executives in their classroom. The centrality of scholars and educators is supported by the broader media ecosystem as well as being reinforced by interactions between executives and policymakers.\u0000\u0000\u0000Practical implications\u0000This paper makes the case that international business scholars and educators should play a leading role in fundamentally transforming the emerging market discourse and to launch a renewed critical, inter-subjective discussion of dependency and global inequality through three mechanisms: peer-review research; course syllabi and programs; and public intellectualism.\u0000\u0000\u0000Originality/value\u0000Through critical discourse analysis, this paper addresses for the first time how emerging markets as a concept has prospered in academic and managerial circles despite credible empirical evidence of its lack of robustness.\u0000","PeriodicalId":46124,"journal":{"name":"Critical Perspectives on International Business","volume":" ","pages":""},"PeriodicalIF":2.0,"publicationDate":"2022-07-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48864089","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Patterns of inconsistency: a literature review of empirical studies on the multinationality–performance relationship","authors":"A. Schmuck, K. Lagerström, James E. Sallis","doi":"10.1108/cpoib-06-2021-0051","DOIUrl":"https://doi.org/10.1108/cpoib-06-2021-0051","url":null,"abstract":"\u0000Purpose\u0000This study aims to understand the performance implications of when a business internationalizes. Many managers take the performance implications of internationalization for granted. Whether seeking a broader customer base or cost reduction through cross-border outsourcing, the overwhelming belief is that internationalization leads to higher profits.\u0000\u0000\u0000Design/methodology/approach\u0000This paper offers a systematic review, content analysis and cross-tabulation analysis of 115 empirical studies from over 40 major journals in management, strategy and international business between 1977 and 2021. Focusing on research settings, sample characteristics, underlying theoretical approaches, measurements of key variables and moderators influencing the multinationality and performance relationship, this study offers a detailed account of definitions and effects.\u0000\u0000\u0000Findings\u0000The findings of this study suggest a tenuous connection between internationalization and performance. No strain of research literature conclusively identifies a consistent direct path from internationalization to performance. The context specificity of the relationship makes general declarations impossible.\u0000\u0000\u0000Research limitations/implications\u0000Future researchers should recognize that internationalization is a process taking different forms, with no specific dominant form. General declarations are misleading. The focus should be on the process of internationalization rather than on the outcome.\u0000\u0000\u0000Originality/value\u0000This study contributes to the international business literature by exploring reasons for the inconsistent results and lack of consensus. Through a detailed account of definitions and effects, this paper explores the lack of consensus as well as the identified shapes of the relationship.\u0000","PeriodicalId":46124,"journal":{"name":"Critical Perspectives on International Business","volume":" ","pages":""},"PeriodicalIF":2.0,"publicationDate":"2022-07-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43894375","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"The Third Space, mimics and ambivalence of HRM in the Global South: a postcolonial reading","authors":"D. Jayawardena","doi":"10.1108/cpoib-03-2021-0033","DOIUrl":"https://doi.org/10.1108/cpoib-03-2021-0033","url":null,"abstract":"\u0000Purpose\u0000This paper aims to accomplish two purposes: firstly, it revisits the “positional identity” – the ambivalent-hybrid disposition – of human resource management (HRM) in the (postcolonial) Global South. Secondly, it seeks to reframe the role of Southern agents of the epistemic community of HRM, particularly human resource (HR) managers, in managing people in the South.\u0000\u0000\u0000Design/methodology/approach\u0000This paper takes inspiration from the postcolonial theory of Homi Bhabha, his notions of hybridity, the Third Space and colonial positionality, to revisit the positional identity of HRM and to reframe the role of HR managers in the South.\u0000\u0000\u0000Findings\u0000In postcolonial Southern organisations, HR managers play a dual role – as “mimics” and “bastards” of Western discourses of HRM. The dual role tends to put the managers in Southern organisations in a “double–bind”.\u0000\u0000\u0000Research limitations/implications\u0000This paper helps in the understanding of the role of HRM as well as HR managers in Southern organisations regarding the (post-)colonial legacy of the South.\u0000\u0000\u0000Originality/value\u0000This paper provides new insights into the identity of HRM in the Global South beyond the dualistic understanding of HR practices, such as convergence–divergence and the mere form of crossvergence. It argues that hybridisation of HRM in Southern organisations takes place in the form of (post-)colonial hybridity.\u0000","PeriodicalId":46124,"journal":{"name":"Critical Perspectives on International Business","volume":" ","pages":""},"PeriodicalIF":2.0,"publicationDate":"2022-06-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43379905","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Solomon Nborkan Nakouwo, Daniel Ofori‐Sasu, B. Kusi
{"title":"Natural resources and national productivity in Africa: are there differences in high and low globalized economies?","authors":"Solomon Nborkan Nakouwo, Daniel Ofori‐Sasu, B. Kusi","doi":"10.1108/cpoib-12-2021-0103","DOIUrl":"https://doi.org/10.1108/cpoib-12-2021-0103","url":null,"abstract":"\u0000Purpose\u0000This paper aims to examine the effect of natural resources on the national productivity of high and low globalized economies in Africa.\u0000\u0000\u0000Design/methodology/approach\u0000This study uses two-step generalized method of moments dynamic panel data of 30 African economies between 2006 and 2016 to achieve the purpose of the study.\u0000\u0000\u0000Findings\u0000The results suggest that natural resources promote productivity within African economies regardless of the level of globalization. However, while natural resources have an overall enhancing effect on national productivity in both high and low globalized economies, the enhancing effect varies according to the forms of globalization. The findings of this study suggest that globalization can alter the nexus between natural resources and national productivity in Africa. The results imply that African Governments and their related policymakers can rely on globalization to promote the effect of natural resources on productivity of African economies.\u0000\u0000\u0000Practical implications\u0000This result is good and welcoming news, especially when natural resources in Africa have been described by prior studies as a curse to the continent. While globalization can be a tool for policymakers in Africa to deploy the positive effect of natural resources on national productivity, they might as well be careful as to which form of globalization they pursue, given that different forms and different levels or extent (high or low) of globalization yields different results on the nexus between natural resources and national productivity.\u0000\u0000\u0000Originality/value\u0000To the best of the authors’ knowledge, this study is the first of its kind to examine how natural resources affect national productivity in high and low globalized economies, especially in Africa.\u0000","PeriodicalId":46124,"journal":{"name":"Critical Perspectives on International Business","volume":" ","pages":""},"PeriodicalIF":2.0,"publicationDate":"2022-06-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"49310371","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Working toward the sustainable development goals in earnest – critical international business perspectives on designing and implementing better interventions","authors":"Noemi Sinkovics, L. Vieira, R. van Tulder","doi":"10.1108/cpoib-05-2022-0059","DOIUrl":"https://doi.org/10.1108/cpoib-05-2022-0059","url":null,"abstract":"Purpose\u0000The purpose of this study is to reflect on the importance of the Sustainable Development Goals (SDG) framework as a milestone for concerted efforts to tackle the underlying grand challenges.\u0000\u0000\u0000Design/methodology/approach\u0000This viewpoint is predominantly conceptual in nature. However, this study adapts the University of Auckland's SDG key words to broadly map existing international business research in each SDG category across nine journals.\u0000\u0000\u0000Findings\u0000The SDG framework offers a positive and inclusive way forward to integrate social and environmental with economic aspects in the field of international business.\u0000\u0000\u0000Originality/value\u0000The inclusive nature of the SDG framework may achieve what previous labels such as social value creation and corporate social responsibility could not. It offers a path where integrating social and environmental with economic perspectives does not need to threaten the identity of the field. The SDG mapping exercise across nine selected journals clearly demonstrates that mainstream, economically focused research can continue to make valuable contributions to the SDGs as long as the discipline allows more room for integrators.","PeriodicalId":46124,"journal":{"name":"Critical Perspectives on International Business","volume":" ","pages":""},"PeriodicalIF":2.0,"publicationDate":"2022-06-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42036660","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Declining industries in emerging economies and firms’ strategies","authors":"Hao Tan","doi":"10.1108/cpoib-01-2021-0015","DOIUrl":"https://doi.org/10.1108/cpoib-01-2021-0015","url":null,"abstract":"<h3>Purpose</h3>\u0000<p>International business (IB) and strategy research in the context of emerging economies (EEs) has focused traditionally on the strategies of firms in and from those markets to seize opportunities arising from their economic growth. This paper aims to demonstrate that declining industries in EEs are an important but overlooked research context for critical IB scholarship and to illuminate special considerations for strategising under those conditions.</p><!--/ Abstract__block -->\u0000<h3>Design/methodology/approach</h3>\u0000<p>This paper provides an overview of declining industries in EEs and includes an illustration of a sample of such industries in major EEs. This paper then critically reviews research on firms’ strategies in declining industries and extends that critical discussion to the EE context.</p><!--/ Abstract__block -->\u0000<h3>Findings</h3>\u0000<p>Firstly, this paper provides evidence relating to declines in industries in EEs. Secondly, this paper identifies three major strategies that firms use in response to an industry decline and critically discusses those strategies’ manifestations and special considerations in the context of EEs.</p><!--/ Abstract__block -->\u0000<h3>Social implications</h3>\u0000<p>Industry decline in EEs and the resultant responses of multi-national enterprises and local firms, such as business exit, market competition and firm diversification strategies, cause significant social challenges. This paper calls for further research on the phenomenon, especially regarding its distinctive ramifications compared with those in the context of developed countries.</p><!--/ Abstract__block -->\u0000<h3>Originality/value</h3>\u0000<p>This paper contributes to the critical IB scholarship by questioning the assumptions around high economic growth in individual EE industries and by challenging a universalistic approach that applies findings grounded in declining industries in developed countries to the distinctive context of EEs. This paper also provides forward-looking expositions concerning industry decline in EEs.</p><!--/ Abstract__block -->","PeriodicalId":46124,"journal":{"name":"Critical Perspectives on International Business","volume":"49 15","pages":""},"PeriodicalIF":2.0,"publicationDate":"2022-05-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138505799","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Multinational orchestration: a meta-theoretical approach toward competitive advantage","authors":"Vaneet Kaur","doi":"10.1108/cpoib-11-2021-0090","DOIUrl":"https://doi.org/10.1108/cpoib-11-2021-0090","url":null,"abstract":"\u0000Purpose\u0000The purpose of this study is to critically evaluate the canonical contribution of the classical theories of multinational enterprises (MNE) and complement them with congruous multi-theoretical lenses to a propose a meta-theoretical view for competitive advantage. The proposed framework is applied to fundamental questions of MNE, and exploratory insights are revealed.\u0000\u0000\u0000Design/methodology/approach\u0000This study sought to review the literature on various paradigms such as resource-based view, knowledge-based view, attention-based view, relational view, dynamic capability view and institution-based view to propose a meta-theoretical approach explicating the phenomenon of competitiveness.\u0000\u0000\u0000Findings\u0000This study proffers that the key to global competitiveness lies in building micro-foundational, multidimensional and multilevel multinational orchestration capabilities. The requisite orchestration capabilities are capabilities par excellence that explain: how organizational capabilities originate through the cognition of individual employees at the micro level; how individual-level abilities are amplified when they are harnessed through relational capabilities to form knowledge capabilities at the meso-level; and how the confluence of knowledge capabilities and higher order dynamic capabilities gives rise to heterogeneous firm-level knowledge-based dynamic capabilities that can be combined with institution capabilities to aggrandize the prediction of competitive advantage for MNEs.\u0000\u0000\u0000Originality/value\u0000The successful development of MNE competitiveness as a field of academic inquiry, brought about by an increasing amount of theoretical specialization, has come at the price of significant fragmentation of the overall scientific quest. The abovementioned paradigms and their underlying constructs have primarily been conceptualized in silos. The classical theories of MNE have been used a starting point to which complementary multidisciplinary views have been scaffolded to gain a more nuanced understanding of global competitiveness.\u0000","PeriodicalId":46124,"journal":{"name":"Critical Perspectives on International Business","volume":" ","pages":""},"PeriodicalIF":2.0,"publicationDate":"2022-05-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48761359","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}