Multinational Business Review最新文献

{"title":"Chairpersons’ hubris and internationalization: evidence from emerging market’s family business groups","authors":"A. Agnihotri, S. Bhattacharya","doi":"10.1108/mbr-10-2020-0196","DOIUrl":"https://doi.org/10.1108/mbr-10-2020-0196","url":null,"abstract":"\u0000PurposeThis 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.\u0000\u0000\u0000Design/methodology/approachArchival data of 163 Indian family firms over a five-year period were used.\u0000\u0000\u0000FindingsThe study highlights the significance of chairperson hubris in determining the internationalization of family firms in India and the influence that business group internationalization and the tenure of independent board members have on the chairperson hubris and firm internationalization relationships.\u0000\u0000\u0000Originality/valueAlthough literature exists on drivers of internationalization, micro-foundations theories such as chairperson hubris have been less explored in the international business literature, especially in the context of emerging markets.\u0000\u0000\u0000Contribution to Impact\u0000\u0000","PeriodicalId":46630,"journal":{"name":"Multinational Business Review","volume":null,"pages":null},"PeriodicalIF":2.7,"publicationDate":"2021-08-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48620436","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Industry life cycle, geographic diversification and performance of international new ventures","authors":"N. Pangarkar, Lin Yuan","doi":"10.1108/mbr-04-2020-0080","DOIUrl":"https://doi.org/10.1108/mbr-04-2020-0080","url":null,"abstract":"\u0000Purpose\u0000The purpose of this paper is to examine how geographic diversification affects the performance of international new ventures.\u0000\u0000\u0000Design/methodology/approach\u0000This study develops hypotheses about the individual and joint effects of geographic diversification and industry life cycle on the performance of international new ventures. This paper also introduces industry technology characteristics as a contingent factor for the above relationships and tests the hypotheses on a large panel data set.\u0000\u0000\u0000Findings\u0000Based on the analyses of the strategies and performance of 699 listed Chinese international new ventures between 1991 and 2014, this study finds that the impact of geographic diversification on performance is contingent on the stage of the industry life cycle and that the moderating effect differs across high-technology and low-technology industries. The results suggest that it is fruitful for international new ventures in high-technology industries to undertake geographic diversification in earlier stages of the industry life cycle, but international new ventures in low-technology industries are better off undertaking geographic diversification during the later stages of the industry life cycle.\u0000\u0000\u0000Originality/value\u0000The study contributes to the literature on international entrepreneurship by identifying the industry life cycle conditions under which the learning advantages of international new ventures are effective and facilitate the achievement of better performance. This paper also shows that industry technology type matters for geographic diversification strategies of international new ventures.\u0000","PeriodicalId":46630,"journal":{"name":"Multinational Business Review","volume":null,"pages":null},"PeriodicalIF":2.7,"publicationDate":"2021-08-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42618669","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"How learning orientation drives the international performance of INVs: the roles of entrepreneurial bricolage and degree of internationalization","authors":"Zhenkuo Ding, Guangyu Ye, Sheng Huang, Man Hu","doi":"10.1108/MBR-07-2020-0155","DOIUrl":"https://doi.org/10.1108/MBR-07-2020-0155","url":null,"abstract":"Purpose\u0000Despite extensive research into the effect of organizational learning processes on firm performance, it remains unclear how and when learning orientation influences the international performance of international new ventures (INVs). Accordingly, the purpose of this paper is to investigate how learning orientation drives the international performance of INVs.\u0000\u0000\u0000Design/methodology/approach\u0000Structural equation modeling is used to test the research model with questionnaire data from mainland Chinese INVs.\u0000\u0000\u0000Findings\u0000Results show that: learning orientation positively influences entrepreneurial bricolage; entrepreneurial bricolage positively influences the international performance of INVs; entrepreneurial bricolage plays a mediating role between learning orientation and international performance; degree of internationalization (DOI) weakens the effect of entrepreneurial bricolage on international performance.\u0000\u0000\u0000Originality/value\u0000This study makes a useful supplement to the INV literature by revealing that entrepreneurial bricolage plays a mediating role in the relationship between learning orientation and the international performance of INVs. It also contributes to the entrepreneurial bricolage literature by introducing entrepreneurial bricolage into the empirical research of INVs and identifying the learning orientation antecedents and performance consequences of entrepreneurial bricolage. In addition, this paper enriches the understanding of the boundary conditions for how entrepreneurial bricolage affects international performance showing that DOI has a negative moderating effect on the relationship between entrepreneurial bricolage and international performance.","PeriodicalId":46630,"journal":{"name":"Multinational Business Review","volume":null,"pages":null},"PeriodicalIF":2.7,"publicationDate":"2021-07-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48725290","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"The multi-faceted impact of host country risk on the success of private participation in infrastructure projects","authors":"Alfredo Jiménez, Secil Bayraktar, J. Lee, Seong-jin Choi","doi":"10.1108/MBR-10-2020-0195","DOIUrl":"https://doi.org/10.1108/MBR-10-2020-0195","url":null,"abstract":"\u0000Purpose\u0000This 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.\u0000\u0000\u0000Design/methodology/approach\u0000Drawing on logistic regression analyses, the authors analyze a sample of 10,350 private participation in infrastructure projects in 126 countries from 1997 to 2014.\u0000\u0000\u0000Findings\u0000The authors find that higher levels of exogenous risk are associated with a lower probability of project success, whereas they find no significant effect for endogenous risk.\u0000\u0000\u0000Originality/value\u0000By pointing to this differential effect, this study makes a contribution to the current debate in the literature on private participation projects.\u0000","PeriodicalId":46630,"journal":{"name":"Multinational Business Review","volume":null,"pages":null},"PeriodicalIF":2.7,"publicationDate":"2021-07-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48955707","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Revisiting the “matching managers to strategy” argument in the context of a firm’s internationalisation strategy","authors":"Szymon Kaczmarek, Richard B. Nyuur","doi":"10.1108/MBR-05-2020-0126","DOIUrl":"https://doi.org/10.1108/MBR-05-2020-0126","url":null,"abstract":"\u0000Purpose\u0000This 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.\u0000\u0000\u0000Design/methodology/approach\u0000This research is based on the quantitative methods. The authors use the traditional regression analysis, with the ordinary least squares estimation, in the moderated multiple regression models.\u0000\u0000\u0000Findings\u0000The study findings point to the importance of the asset-based exposure to international environments for the benefits of the TMT nationality matching to materialise. They re-affirm the critical remarks on the early “matching managers to strategy” frameworks, which indicated that the effectiveness of matching is underpinned by the detailed specification of the matching contingencies that influence the matching process.\u0000\u0000\u0000Originality/value\u0000The measure of matching the TMT foreign nationals to the MNCs’ host countries constitutes a novel way of capturing the TMT internationalisation, as opposed to measuring the incidence of foreigners on the TMTs or the TMT nationality diversity variable. It therefore underlines the aspect of matching in terms of the cultural fit between the TMT nationalities and countries of MNCs’ operations.\u0000","PeriodicalId":46630,"journal":{"name":"Multinational Business Review","volume":null,"pages":null},"PeriodicalIF":2.7,"publicationDate":"2021-06-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42229427","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Defining and deterring corporate social irresponsibility: embracing the institutional complexity of international business","authors":"Stephen Brammer, Giulio Nardella, Irina Surdu","doi":"10.1108/MBR-02-2021-0011","DOIUrl":"https://doi.org/10.1108/MBR-02-2021-0011","url":null,"abstract":"\u0000Purpose\u0000This 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 of the mechanisms that may penalize and subsequently deter MNE irresponsibility.\u0000\u0000\u0000Design/methodology/approach\u0000In presenting the approaches taken by social regulation researchers and IB policy scholars to understand MNE irresponsibility, this paper proposes a definition of CSI and explicates the various mechanisms associated with deterring MNEs from behaving irresponsibly.\u0000\u0000\u0000Findings\u0000Therefore, how can MNEs be deterred from behaving irresponsibly? To further the research agenda concerning CSI in IB, far less common are a definition of CSI relevant to the complex IB context; and a framework that explicates both the legal and social components of CSI, particularly as they unfold in a complex, diverse and often divergent institutional landscape. Overcoming these two primary obstacles is important because when complexities associated with CSI emerge, researchers need to be able to ascertain and expound upon what they are observing so that comparisons can be made and more MNE CSI research can be accrued over time.\u0000\u0000\u0000Research limitations/implications\u0000To help the development of future research, we offered a more precise definition of CSI, one which is more relevant to the study of the MNE and the complex contemporary IB environment. By embracing complexities, this paper also outlines an institutional complexity approach, one which highlights both the role of formal and informal regulatory institutions. Though IB has traditionally focused on the role of formal regulation, there is much more to be unearthed by exploring the additional and concurrent influence of social regulatory institutions.\u0000\u0000\u0000Practical implications\u0000There is a high level of heterogeneity in the motivations and modes used by MNEs to enter international markets, which likely influence efforts made by these firms to adapt to different types of formal and social institutional pressures. When firms invest significantly in a market, they have a greater economic dependence in that market and institutions have a greater opportunity to exert pressures. For instance, foreign direct investment requires a higher level of (longer-term) commitment, transfer of capital, exchange of expertise and learning, meaning that firms depend much more on local authorities to perform in the market and accomplish their goals.\u0000\u0000\u0000Social implications\u0000Enabled by new technologies and, particularly, social media platforms, stakeholders can now engage in organized forms of regulatory activities, as is evident in the lesbian, gay, bisexual, transgender, queer, black lives matter and gender equality social activist mo","PeriodicalId":46630,"journal":{"name":"Multinational Business Review","volume":null,"pages":null},"PeriodicalIF":2.7,"publicationDate":"2021-06-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43980245","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Global shift towards stakeholder-oriented corporate governance? Evidence from the scholarly literature and future research opportunities","authors":"T. Yoshikawa, M. Nippa, G. Chua","doi":"10.1108/MBR-10-2020-0200","DOIUrl":"https://doi.org/10.1108/MBR-10-2020-0200","url":null,"abstract":"\u0000Purpose\u0000By 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.\u0000\u0000\u0000Design/methodology/approach\u0000This study conducts a literature review to examine major findings in prior studies.\u0000\u0000\u0000Findings\u0000The reviews and analyses provide support for a formal and informal convergence of CG systems towards more stakeholder-oriented elements globally. In general, at the institutional and firm levels, there are remarkable shifts to adopt stakeholder-oriented rules and practices. However, there is limited evidence that all these trends will actually lead to full convergence towards a single stakeholder-oriented governance model.\u0000\u0000\u0000Originality/value\u0000The paper offers an extensive summary of prior studies that investigate the impact of CG on firm stakeholder-orientation and social performance. Based on the review, this study suggests promising research directions.\u0000","PeriodicalId":46630,"journal":{"name":"Multinational Business Review","volume":null,"pages":null},"PeriodicalIF":2.7,"publicationDate":"2021-02-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44786991","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Multilingual and multicultural managers’ effects on team performance: insights from professional football teams","authors":"Mike Szymanski, I. Alon, K. Kalra","doi":"10.1108/MBR-03-2020-0054","DOIUrl":"https://doi.org/10.1108/MBR-03-2020-0054","url":null,"abstract":"\u0000Purpose\u0000In 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 cognitively distant opportunities and threats.\u0000\u0000\u0000Design/methodology/approach\u0000This study uses national football teams competing in national and international competitions and their coaches’ characteristics as the data set to test the theory. Using random coefficient modeling and ordinary least square regression, this paper analyzes two samples of 222 and 79 teams and found that both these characteristics contribute to team performance; however, their effects differ depending on the team environment.\u0000\u0000\u0000Findings\u0000Multicultural managers contribute positively to team performance only when the team is operating in a highly diverse environment, their effect is not statistically significant in homogeneous environments. In less diverse environments, it is the multilingual manager who can improve team performance through more efficient communication and greater effects of leadership on the team.\u0000\u0000\u0000Originality/value\u0000Managers’ characteristics such as their multicultural background and multilingual capabilities affect team performance. In particular, these effects come into play in highly diverse and international settings. Micro-foundation literature is advised to focus on the internationalization and multicultural backgrounds of managers as a precursor for organizational international performance.\u0000","PeriodicalId":46630,"journal":{"name":"Multinational Business Review","volume":null,"pages":null},"PeriodicalIF":2.7,"publicationDate":"2021-02-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47533339","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Real options flexibility or risk diversification: risk management of US MNEs when facing risk of war","authors":"Y. Yeo, S. H. Lee","doi":"10.1108/mbr-01-2020-0013","DOIUrl":"https://doi.org/10.1108/mbr-01-2020-0013","url":null,"abstract":"\u0000Purpose\u0000The purpose of this paper is to examine how the risk of war aroused by North Korea’s threatening actions trigger strategic responses from US multinational enterprises (MNEs) operating in South Korea. The authors compare two competing perspectives of real options and risk diversification to see which prevails when US MNEs are facing risk of war.\u0000\u0000\u0000Design/methodology/approach\u0000The authors hand collected news articles regarding North Korea’s threatening actions that may trigger strategic responses from MNEs operating in South Korea. The authors use archival data of US MNEs to verify our results.\u0000\u0000\u0000Findings\u0000Empirical tests of the two competing perspectives reveal that US MNEs adopt the risk diversification strategy when threatened by the risk of war. However, as MNEs have more available foreign markets outside the host country that is at risk of war, MNEs tend to take an operational flexibility approach more seriously and shift their productions to the remaining global operations. The ownership structure of the subsidiary does not appear to have significant effect on US MNEs’ strategic risk management.\u0000\u0000\u0000Originality/value\u0000This paper compares two perspectives, namely, real options and risk diversification, to observe how US MNEs treat their subsidiaries when facing risk of war in South Korea.\u0000","PeriodicalId":46630,"journal":{"name":"Multinational Business Review","volume":null,"pages":null},"PeriodicalIF":2.7,"publicationDate":"2020-12-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48462915","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Adaptive learning in cross-sector collaboration during global emergency: conceptual insights in the context of COVID-19 pandemic","authors":"A. Arslan, Ismail Gölgeci, Zaheer Khan, Omar Al‐Tabbaa, P. Hurmelinna-Laukkanen","doi":"10.1108/MBR-07-2020-0153","DOIUrl":"https://doi.org/10.1108/MBR-07-2020-0153","url":null,"abstract":"\u0000Purpose\u0000The purpose of this paper is to examine the important role of cross-sector partnerships and collaboration in global emergency management, relevant in situations such as the ongoing COVID-19 pandemic and grand global challenges.\u0000\u0000\u0000Design/methodology/approach\u0000The paper utilizes exploratory historical methods and examines cross-sector partnerships from three key emerging markets – Pakistan, Turkey and Nigeria. The context of the emerging markets is important given the institutional fragility such markets encountered.\u0000\u0000\u0000Findings\u0000The authors offer a conceptual discussion that explicates the vital role of such partnerships in global emergencies. The authors also highlight the instrumental role of adaptive learning in cross-sector partnerships, which can help multiple stakeholders create and deliver value in response to an emergency like a global health pandemic caused by the COVID-19. Along with the conceptual discussion, the authors further offer practical examples of cross-sector partnerships in emerging economies of Pakistan, Turkey, and Nigeria – undertaken in response to the recent pandemic – emphasizing that such partnerships are crucial to mitigate the emergencies and their consequences on society. Finally, this paper offers theoretical and practical implications for cross-sector collaboration and partnerships in response to the global crisis.\u0000\u0000\u0000Research limitations/implications\u0000This research is limited to emerging markets context and further research is needed on this important topic.\u0000\u0000\u0000Originality/value\u0000This paper is relevant given the current global pandemic caused by the COVID-19. There are relatively limited research studies on the cross-sector partnerships and their role in global emergencies, grand challenges and global crisis, thus this paper offers important insights on cross-sector partnerships and their value creation in global crisis situations.\u0000","PeriodicalId":46630,"journal":{"name":"Multinational Business Review","volume":null,"pages":null},"PeriodicalIF":2.7,"publicationDate":"2020-12-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1108/MBR-07-2020-0153","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43064637","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}