Thunderbird International Business Review最新文献_第2页

Global Financial Market Spillovers to the Dhaka Stock Exchange: Strategic Insights From Trade-Friendly Nations 全球金融市场对达卡证券交易所的溢出效应：来自贸易友好国家的战略见解

IF 2.2

Thunderbird International Business Review Pub Date : 2024-11-17 DOI: 10.1002/tie.22422

Tanmay Borman, Md. Nahiduzzaman, Bapon Chandra Kuri, Bablu Kumar Dhar, Sanjoy Kumar Sarker

{"title":"Global Financial Market Spillovers to the Dhaka Stock Exchange: Strategic Insights From Trade-Friendly Nations","authors":"Tanmay Borman, Md. Nahiduzzaman, Bapon Chandra Kuri, Bablu Kumar Dhar, Sanjoy Kumar Sarker","doi":"10.1002/tie.22422","DOIUrl":"https://doi.org/10.1002/tie.22422","url":null,"abstract":"<div>\u0000 \u0000 <p>This study explores the strategic implications of global financial market spillovers on the Dhaka Stock Exchange (DSE), with a particular emphasis on the financial markets of Bangladesh's key trade partners. Leveraging daily price data, the analysis focuses on major equity indices from Bangladesh, the USA, China, Japan, Russia, and India, in addition to global green and commodity indices. The study employs advanced methodologies, including value at risk (VaR), conditional value at risk (CVaR), continuous wavelet transforms (CWT), wavelet coherence (WC), and time-varying parameter vector autoregression (TVP-VAR). The findings reveal that while the DSE demonstrates lower downside risk relative to global indices, certain global assets, such as WTICO, exhibit heightened tail risk. The wavelet analyses underscore significant volatility and co-movements among key assets, particularly during periods of global crises, such as the COVID-19 pandemic and the Russia–Ukraine conflict, highlighting the profound interconnectedness between global and regional markets and the DSE. Notably, global green and commodity assets provide potential safe haven benefits for Bangladeshi investors during times of crisis. The TVP-VAR model further highlights the dynamic nature of volatility spillovers, identifying global green indices as key volatility transmitters, while the DSE retains robust internal market dynamics with reciprocal spillovers between DSE30 and DSEB. These insights suggest that Bangladesh should strategically integrate green and commodity assets into its financial markets to bolster market stability and protect investors amidst global uncertainties.</p>\u0000 </div>","PeriodicalId":47515,"journal":{"name":"Thunderbird International Business Review","volume":"67 2","pages":"225-246"},"PeriodicalIF":2.2,"publicationDate":"2024-11-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143116063","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

Which Strategic Control Suits Wine Family Companies to Improve Control? A Proposal Through the Balanced Scorecard in a Tuscany Wine Company of Michele Satta 什么样的战略控制适合葡萄酒家族企业提高控制？Michele Satta托斯卡纳葡萄酒公司的平衡计分卡建议

IF 2.2

Thunderbird International Business Review Pub Date : 2024-11-17 DOI: 10.1002/tie.22420

Barbara Iannone, Alice Anceschi

引用次数: 0

Intercultural Experience as a Unique Facilitator of Immigrant Entrepreneurship 跨文化经验是移民创业的独特推动者

IF 2.2

Thunderbird International Business Review Pub Date : 2024-11-05 DOI: 10.1002/tie.22419

Xiaohua Yang, Peter Ping Li, Roger Chen, Rongxin, Keith Hunter

{"title":"Intercultural Experience as a Unique Facilitator of Immigrant Entrepreneurship","authors":"Xiaohua Yang, Peter Ping Li, Roger Chen, Rongxin, Keith Hunter","doi":"10.1002/tie.22419","DOIUrl":"https://doi.org/10.1002/tie.22419","url":null,"abstract":"<div>\u0000 \u0000 <p>This study seeks to unpack some underlying factors for immigrant entrepreneurial success. Specifically, we develop an integrative framework for immigrant entrepreneurship utilizing three key pillars or building blocks: home–host cultural asymmetry (related to cultural distance), home–host cultural integration (related to cultural interface), and immigrant entrepreneurship (related to adaptive learning). Through a phenomenon-driven research approach, our study finds (1) when the home-cultural heritage and family values interface with host country's cultural values, such interface is likely to have significant effects on the process of immigrant entrepreneurship; (2) immigrant entrepreneurs may go through the same sequential stages of cultural shock and cultural adaptation that other immigrants do; (3) we further find that immigrant entrepreneurs' business success may depend on a process of effective intercultural integration, with the process of intercultural integration that may shape the microfoundations of immigrant entrepreneurship and the choice of entrepreneurial strategy. Our study contributes to the growing research streams on immigrant entrepreneurship: the specific intercultural integration for immigrant entrepreneurship and the unique microfoundations of immigrant entrepreneurship.</p>\u0000 </div>","PeriodicalId":47515,"journal":{"name":"Thunderbird International Business Review","volume":"67 2","pages":"193-200"},"PeriodicalIF":2.2,"publicationDate":"2024-11-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143112270","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

Unlocking Opportunities: How Women Navigate Informal Networks in Saudi Arabia's Evolving Workplace 解锁机会：女性如何在沙特阿拉伯不断变化的职场中驾驭非正式网络

IF 2.2

Thunderbird International Business Review Pub Date : 2024-11-04 DOI: 10.1002/tie.22417

Sa'ad Ali, Munirah AlQahtani, Mansour Mrabet

引用次数: 0

The Impact of Institutional Orientation on Export Performance: Mediating Role of Firm Innovativeness 制度导向对出口绩效的影响：企业创新的中介作用

IF 2.2

Thunderbird International Business Review Pub Date : 2024-11-04 DOI: 10.1002/tie.22418

Abir Zouari, Romdhane Khemakhem

引用次数: 0

Adaptive Leadership for Multilevel Resilience in the Context of Disruptions 中断环境下多层次弹性的适应性领导

IF 2.2

Thunderbird International Business Review Pub Date : 2024-10-13 DOI: 10.1002/tie.22416

Marina Latukha, Polina Yakovleva, Kaifeng Yan

引用次数: 0

Impact of Sharia-Based Screening on Equity Risk: International Evidence 基于伊斯兰教法的筛选对股权风险的影响：国际证据

IF 2.2

Thunderbird International Business Review Pub Date : 2024-09-29 DOI: 10.1002/tie.22411

Ali Kafou

{"title":"Impact of Sharia-Based Screening on Equity Risk: International Evidence","authors":"Ali Kafou","doi":"10.1002/tie.22411","DOIUrl":"https://doi.org/10.1002/tie.22411","url":null,"abstract":"<div>\u0000 \u0000 <p>This paper investigates the impact of mainstream Sharia-based screening methodologies on equity risk. The study is based on the daily returns of 23 pairs of stock indices belonging to different index providers, namely Dow Jones, FTSE, and S&P. For risk measurement, the study uses five Value at Risk (VaR) methods. Moreover, the conditional VaR (CVaR) is used to analyze the tail behavior of return distributions. The results show that Sharia-based screening is a source of significant differences in risk. There is strong evidence that Islamic stock indices (ISIs) tend to be less risky than their conventional peers. Also, the screening process allows for keeping extreme negative returns at a lower level relative to unscreened indices. The analysis during the Dotcom and Subprime crises shows that, globally, the results are time-invariant. In sum, Islamic screening is tantamount to prudential rules that lead to low-risk portfolios; it is, in its essence, a risk-reduction strategy. Findings suggest that Sharia-compliant stocks would be of great attractiveness to risk-averse investors. They will find their claim in this asset class, as its riskiness is relatively low. For banks, a lower VaR of Islamic investing implies fewer capital requirements for market risk when holding portfolios that include Sharia-compliant stocks. Fewer capital requirements will enhance the banks' ability to invest and make profits, which will, in turn, result in reducing the cost of capital.</p>\u0000 </div>","PeriodicalId":47515,"journal":{"name":"Thunderbird International Business Review","volume":"67 1","pages":"115-138"},"PeriodicalIF":2.2,"publicationDate":"2024-09-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142869198","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

Cross-National Knowledge Distance and Host Country Innovation—The Mediating Roles of Local Talents and Third-Country Exporting 跨国知识距离与东道国创新——本土人才与第三国出口的中介作用

IF 2.2

Thunderbird International Business Review Pub Date : 2024-09-26 DOI: 10.1002/tie.22414

Tianjiao Xia, Xiaohui Liu

{"title":"Cross-National Knowledge Distance and Host Country Innovation—The Mediating Roles of Local Talents and Third-Country Exporting","authors":"Tianjiao Xia, Xiaohui Liu","doi":"10.1002/tie.22414","DOIUrl":"https://doi.org/10.1002/tie.22414","url":null,"abstract":"<p>Drawing on embeddedness and learning perspectives, we examine and extend the learning-by-hiring (LBH) and learning-by-exporting (LBE) logics to better understand the innovation activities of advanced economy multinational enterprises (AEMNEs) in a dissimilar knowledge context where cross-national differences persist. We consider that the use of local talents manifests the LBH logic as a means of enhancing AEMNEs' local embeddedness. Likewise, third-country exporting is underpinned by the LBE logic as a way for MNEs to leverage third-country embeddedness. We propose that these two mechanisms act as mediators that shape and filter AEMNEs' access and integration of geographically distant knowledge for their emerging market innovation. Moreover, we predict a complementarity between employing local talents and third-country exporting. Our findings from an analysis of AEMNEs operating in China provide support for these predictions. This study offers important implications for managing multiple embeddedness across AEMNEs' global networks in order for their innovation to flourish in emerging markets.</p>","PeriodicalId":47515,"journal":{"name":"Thunderbird International Business Review","volume":"67 1","pages":"99-113"},"PeriodicalIF":2.2,"publicationDate":"2024-09-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1002/tie.22414","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142869215","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Strategy and Performance of Family Businesses: Comparison of Pakistan and the Czech Republic 家族企业战略与绩效：巴基斯坦与捷克比较

IF 2.2

Thunderbird International Business Review Pub Date : 2024-09-23 DOI: 10.1002/tie.22412

Muhammad Kamal Subhani, Marie Mikušová

引用次数: 0

Generative AI in International Business Research: A Guide to Ethical and Responsible Application 生成人工智能在国际商业研究：道德和负责任的应用指南

IF 2.2

Thunderbird International Business Review Pub Date : 2024-09-22 DOI: 10.1002/tie.22415

Mamoun Benmamoun

引用次数: 0