Thunderbird International Business Review最新文献

Does Corruption Influence Earnings Management? Evidence From BRICS Nations

IF 2.2

Thunderbird International Business Review Pub Date : 2025-01-30 DOI: 10.1002/tie.22431

Sweta Tiwari, Chanchal Chatterjee

{"title":"Does Corruption Influence Earnings Management? Evidence From BRICS Nations","authors":"Sweta Tiwari, Chanchal Chatterjee","doi":"10.1002/tie.22431","DOIUrl":"https://doi.org/10.1002/tie.22431","url":null,"abstract":"<div>\u0000 \u0000 <p>Despite the extensive research on the causes and effects of corruption, there has been scant research on the effect of corruption on earnings management of firms operating in emerging economies under different legal systems. The present paper fills this research gap by investigating the influence of corruption on earnings management of firms operating in the BRICS nations, which are either under common or code law at prima facie. Further, we make a novel attempt to examine the moderating role of cash holdings and cash flow in explaining this association. Our data includes 329 nonfinancial listed firms with 1552 firm-year observations ranging from 2014 to 2021. Using system GMM approach, we find that higher corruption leads to higher earnings management in five emerging BRICS nations. We also gather that managers operating in highly corrupt countries tend to hold high cash levels, maintain a higher cash flow, and engage 3.5%–3.8% more in earnings management. Our results are robust to both the measures of earnings management (real-activity-based and accrual-based). Our findings have significant implications for executives and directors of firms if earnings management is considered illegal in any of these countries and such law is enforced. In addition, our study would share important insights to the external stakeholders, such as investors, policymakers, and regulators.</p>\u0000 </div>","PeriodicalId":47515,"journal":{"name":"Thunderbird International Business Review","volume":"67 3","pages":"413-428"},"PeriodicalIF":2.2,"publicationDate":"2025-01-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143749974","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}

引用次数: 0

Intellectual Property and Islamic Finance: Opportunities and Challenges for a New Islamic Intellectual Property Finance Framework

IF 2.2

Thunderbird International Business Review Pub Date : 2025-01-12 DOI: 10.1002/tie.22430

Nadia Naim, Noor Suhaida Kasri

引用次数: 0

Unveiling the Dynamics of Entrepreneurial Ecosystems in an Emerging Economy: A Delphi and MCDM Approach

IF 2.2

Thunderbird International Business Review Pub Date : 2025-01-02 DOI: 10.1002/tie.22432

Gourav Aggarwal, Smita Kashiramka

{"title":"Unveiling the Dynamics of Entrepreneurial Ecosystems in an Emerging Economy: A Delphi and MCDM Approach","authors":"Gourav Aggarwal, Smita Kashiramka","doi":"10.1002/tie.22432","DOIUrl":"https://doi.org/10.1002/tie.22432","url":null,"abstract":"<div>\u0000 \u0000 <p>The global surge in startup activity has led to the requirement of understanding entrepreneurial ecosystems (EEs) in emerging economies. This study employs a dual-lens approach to analyze the health and performance dynamics of the EE from an emerging economy-India. Delphi Technique is used to identify the elements of the EE; Best Worst Method (a multi-criteria decision-making method) is employed to quantify their contributions to the health and performance of the EE. Availability of finance, government programs, physical infrastructure, entrepreneurial culture, legal infrastructure, entrepreneurial education and training, and ease of shutting down emerge as key health factors. Innovation and research serve as a crucial mediating factor. On the performance front, entrepreneurial perception of market dynamics, intentions, value creation, networking, mentoring, perception about entrepreneurship, self-efficacy, activity, and employment opportunities emerge as influential factors. The study proposes two indices to measure EE health and performance. This standardized approach can help compare EEs, identify intervention opportunities, offer holistic industrial insights, and aid investment decisions. The existing indices, like the Global Entrepreneurship Index, do not consider the regional context and assume the contribution of all elements of the EE as equal. Our research offers a comprehensive framework for evaluating and advancing EEs in emerging economies through a weighted framework for elements contributing to the health and performance of an EE respectively.</p>\u0000 </div>","PeriodicalId":47515,"journal":{"name":"Thunderbird International Business Review","volume":"67 3","pages":"377-393"},"PeriodicalIF":2.2,"publicationDate":"2025-01-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143749787","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}

引用次数: 0

When MNC Subsidiaries Are Caught in a Political Crisis: The Case of Mozambique

IF 2.2

Thunderbird International Business Review Pub Date : 2024-12-22 DOI: 10.1002/tie.22429

Emiliano Finocchi, Susan M. Mudambi, Jennifer Oetzel, Susan Feinberg

{"title":"When MNC Subsidiaries Are Caught in a Political Crisis: The Case of Mozambique","authors":"Emiliano Finocchi, Susan M. Mudambi, Jennifer Oetzel, Susan Feinberg","doi":"10.1002/tie.22429","DOIUrl":"https://doi.org/10.1002/tie.22429","url":null,"abstract":"<div>\u0000 \u0000 <p>In political crises, subsidiary-level managers of multinational corporations (MNCs) face critical decisions around managing investment risk. Given the potentially existential threat posed by political crises, this study examines subsidiary responses to political risk. The focus is on the effect of firm crisis experience, threat perception, and managerial social embeddedness on the stay-or-exit decisions. With data from senior managers of 107 MNCs in Mozambique, we test three hypotheses. We find that the crisis experience of the MNC is a significant predictor of managers' threat perceptions (H1). While threat perception positively affects the likelihood of subsidiary exit (H2), the social embeddedness of the subsidiary manager dampens that relationship (H3). Threat perception does not necessarily drive exit likelihood, as subsidiaries led by socially embedded managers with high levels of social interactions with Mozambican and foreign friends are less likely to exit. These findings contribute to the literature on subsidiary-level political risk management and underscore the significance of social embeddedness and crisis experience in shaping subsidiary resilience to political instability. For managers, these results highlight the value of fostering strong local networks and crafting flexible risk management strategies. Such insights are crucial for navigating the complexities of international markets during political turmoil.</p>\u0000 </div>","PeriodicalId":47515,"journal":{"name":"Thunderbird International Business Review","volume":"67 3","pages":"361-375"},"PeriodicalIF":2.2,"publicationDate":"2024-12-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143749937","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}

引用次数: 0

The Mediating Role of HRM Outcomes in the Relationship Between Managerial Staff Development and Company Performance Results: A Contextual Study of MNCs in Central Europe

IF 2.2

Thunderbird International Business Review Pub Date : 2024-12-18 DOI: 10.1002/tie.22426

Marzena Stor

{"title":"The Mediating Role of HRM Outcomes in the Relationship Between Managerial Staff Development and Company Performance Results: A Contextual Study of MNCs in Central Europe","authors":"Marzena Stor","doi":"10.1002/tie.22426","DOIUrl":"https://doi.org/10.1002/tie.22426","url":null,"abstract":"<div>\u0000 \u0000 <p>The main goal of the article is to determine the mediating role of human resources management (HRM) outcomes in the relationships between managerial staff development (MSD) and company performance results in multinational companies (MNCs) and to establish whether there are any identifiable regularities in this scope in four types of contexts, that is, the pre-pandemic and pandemic period in the headquarters (HQs) and foreign subsidiaries of MNCs. This article presents an innovative approach to analyzing the relationship between these variables. To capture the actual relationships, the efficiency index was introduced which makes a novelty in the studies on management of MNCs. Additionally, the empirical research was conducted in MNCs established in Central Europe, which is not a frequent subject of research. The research findings show that in the foreign subsidiaries of MNCs, during a pandemic, the results in HRM mediate the relationships between MSD and company's performance results in finance, innovativeness, and quality stronger than in the pre-pandemic time. As for the HQs during the pandemic, this mediation effect was stronger when innovativeness was considered, stayed the same for quality, and decreased for finance.</p>\u0000 </div>","PeriodicalId":47515,"journal":{"name":"Thunderbird International Business Review","volume":"67 3","pages":"329-346"},"PeriodicalIF":2.2,"publicationDate":"2024-12-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143749957","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}

引用次数: 0

What Are the Leadership Competencies for the 21st Century? A Qualitative Study of French Millennials at an Elite Business School in France

IF 2.2

Thunderbird International Business Review Pub Date : 2024-12-18 DOI: 10.1002/tie.22428

Guy Major Ngayo Fotso

{"title":"What Are the Leadership Competencies for the 21st Century? A Qualitative Study of French Millennials at an Elite Business School in France","authors":"Guy Major Ngayo Fotso","doi":"10.1002/tie.22428","DOIUrl":"https://doi.org/10.1002/tie.22428","url":null,"abstract":"<div>\u0000 \u0000 <p>This study examines the impact of national culture on the perceived required leadership competencies for the 21st century among French millennials. To capture French millennial perception, the study relies on the qualitative research methodology and on semi-structured interviews with a sample of 22 French graduate students born between 1996 and 1999 attending an elite business school in France. The findings of the research indicate that participants do share similar perspectives on leadership with other millennials around the world including the expectation for a collaborative leadership style, more human orientation, and global leadership competencies. However, they also distinguish themselves by expecting certain leadership competencies influenced by their national culture such as the need for an autocratic and coercive style, a hierarchical and legitimate approach to leadership, and the need for the leader to be charismatic. The findings of this study bring a new perspective to the generational cohort theory and show that the implicit leadership theory adds value to the study on generations and more specifically on millennials. The managerial implications are that organizations operating in France should adjust their human policies to the French millennials' perception and not have a global approach when hiring and managing elite business schools' graduates. Furthermore, it shows that an organization that implements a transformational leadership style will be more successful in attracting and retaining millennials. The main limitation of this research is that it is based on the view of millennials graduating from an elite business school in France and does not consider graduates from other fields or from other “grandes écoles”.</p>\u0000 </div>","PeriodicalId":47515,"journal":{"name":"Thunderbird International Business Review","volume":"67 3","pages":"347-360"},"PeriodicalIF":2.2,"publicationDate":"2024-12-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143749958","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}

引用次数: 0

Dynamic Capabilities and the Management of Institutional Voids: A Case Study of Intra-African Internationalization

IF 2.2

Thunderbird International Business Review Pub Date : 2024-12-09 DOI: 10.1002/tie.22427

Luke R. J. Andrews, John M. Luiz

引用次数: 0

Digital Agriculture Innovations in Bangladesh: A Situational Analysis and Pathways for Future Development

IF 2.2

Thunderbird International Business Review Pub Date : 2024-12-04 DOI: 10.1002/tie.22421

Ikhtiar Mohammad, Nepal C. Dey

{"title":"Digital Agriculture Innovations in Bangladesh: A Situational Analysis and Pathways for Future Development","authors":"Ikhtiar Mohammad, Nepal C. Dey","doi":"10.1002/tie.22421","DOIUrl":"https://doi.org/10.1002/tie.22421","url":null,"abstract":"<div>\u0000 \u0000 <p>Existing literature indicates the untapped potential of digital agriculture technologies and interventions to revolutionize agricultural development. However, there is a lack of a comprehensive review of the present digital agriculture ecosystem and, therefore, a limited understanding. This study seeks to address that evidence gap by reviewing what has been researched about the current digital agriculture solutions in Bangladesh. The research undertakes a systematic literature review of the use of digital agriculture applications by smallholder farmers and other actors across the agriculture value chain to explore the digitalization and smart farming applications. The manuscript sheds light on opportunities for fostering digital innovations by discussing the accomplished agri-tech initiatives and challenges associated with those agriculture 4.0 technologies. The findings reveal considerable replications of digital agriculture services by various public, private, and technology companies, underscoring the necessity for more inclusive collaborations among the supply-side actors for shaping the digital agriculture infrastructure. The article suggests future areas for research probing the impact of available digital agriculture practices and to what extent those are effective in facilitating the agri-food systems stakeholders.</p>\u0000 </div>","PeriodicalId":47515,"journal":{"name":"Thunderbird International Business Review","volume":"67 3","pages":"287-311"},"PeriodicalIF":2.2,"publicationDate":"2024-12-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143749401","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}

引用次数: 0

Exploring Social Media Use in Cross-Border E-Commerce and the Internationalization Process: A Comparative Study of Cross-Country and Firm Size

IF 2.2

Thunderbird International Business Review Pub Date : 2024-11-21 DOI: 10.1002/tie.22424

Cosima Tabea Knösel, Colin C. J. Cheng, Eric C. Shiu

{"title":"Exploring Social Media Use in Cross-Border E-Commerce and the Internationalization Process: A Comparative Study of Cross-Country and Firm Size","authors":"Cosima Tabea Knösel, Colin C. J. Cheng, Eric C. Shiu","doi":"10.1002/tie.22424","DOIUrl":"https://doi.org/10.1002/tie.22424","url":null,"abstract":"<div>\u0000 \u0000 <p>Prior research on social media has considerably advanced our understanding of how social media use affects international market performance. However, extant social media literature has not addressed why social media use stimulates positive results in modern cross-border e-commerce and how it evolves in the internationalization process. Overlooking the role of social media use in the above issues has limited our understanding of international business management. Drawing on the Uppsala model, this study used the case study method in the form of a cross-country comparative study including six large enterprises (LEs) and six small and medium enterprises (SMEs) from Germany, Thailand, and Taiwan, respectively. The results provide compelling evidence that the way of using social media significantly differs in cross-border e-commerce among countries, while the main internationalization process differs fundamentally between LEs and SMEs. As such, this study provides novel theoretical insights to scholars and empirical implications to practitioners.</p>\u0000 </div>","PeriodicalId":47515,"journal":{"name":"Thunderbird International Business Review","volume":"67 2","pages":"257-283"},"PeriodicalIF":2.2,"publicationDate":"2024-11-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143117719","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}

引用次数: 0

Navigating Temporary Competitive Advantage: Pandemic-Driven Strategies in the Global Airline Industry

IF 2.2

Thunderbird International Business Review Pub Date : 2024-11-20 DOI: 10.1002/tie.22423

Joseph Amankwah-Amoah, Frank Nyame-Asiamah, David Ayiine-Etigo

引用次数: 0