Journal of International Business Studies最新文献_第3页

Conceptualizing international new ventures as the nexus of entrepreneurship and international business 将国际新企业概念化为创业与国际商业的纽带

IF 11.6 1区管理学

Journal of International Business Studies Pub Date : 2024-08-22 DOI: 10.1057/s41267-024-00724-4

Shaker A. Zahra, Giuseppe Criaco, Olga Petricevic, Niron Hashai

{"title":"Conceptualizing international new ventures as the nexus of entrepreneurship and international business","authors":"Shaker A. Zahra, Giuseppe Criaco, Olga Petricevic, Niron Hashai","doi":"10.1057/s41267-024-00724-4","DOIUrl":"https://doi.org/10.1057/s41267-024-00724-4","url":null,"abstract":"We propose a typology that captures the heterogeneity of international new ventures’ (INVs’) entrepreneurial behavior and their commitment to foreign markets. The typology identifies four types of INVs, highlighting the dynamic interplay between the degree of radicalness of their entrepreneurial behavior and the level of their foreign market commitment. By integrating theories from both international business and entrepreneurship, we illustrate how the diverse underlying capabilities and networks of different INV types provide strategic advantages. Moreover, we argue that changes in the degree of radicalness in INVs’ entrepreneurial behavior over time reveal important temporal dynamics with strategic and performance implications. Our typology addresses a limitation in international entrepreneurship research by emphasizing the INVs’ entrepreneurial essence, which has often been overlooked. Prior conceptualizations of INVs have primarily focused on aspects such as the degree and mode of internationalization, neglecting the diversity of their entrepreneurial approaches. Consequently, our understanding of the sources of INVs’ competitive advantage and resilience in international markets has been limited. Our typology offers an array of novel research questions that merit thorough empirical and theoretical explorations.","PeriodicalId":48453,"journal":{"name":"Journal of International Business Studies","volume":"4 1","pages":""},"PeriodicalIF":11.6,"publicationDate":"2024-08-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142042688","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Worldwide spread of the Weinstein scandal and the #MeToo movement: cross-country diffusion of reputation loss in the film industry 温斯坦丑闻和 #MeToo 运动的全球传播：电影业声誉损失的跨国扩散

IF 11.6 1区管理学

Journal of International Business Studies Pub Date : 2024-08-19 DOI: 10.1057/s41267-024-00720-8

Fiona Kun Yao, Mingrui Xu, Jiayue Ao

{"title":"Worldwide spread of the Weinstein scandal and the #MeToo movement: cross-country diffusion of reputation loss in the film industry","authors":"Fiona Kun Yao, Mingrui Xu, Jiayue Ao","doi":"10.1057/s41267-024-00720-8","DOIUrl":"https://doi.org/10.1057/s41267-024-00720-8","url":null,"abstract":"With a focus on the moral context of the cultural industry, we examine the worldwide spread of reputation loss associated with the Harvey Weinstein sex scandal in the film industry. Specifically, we explore how the scandal and the related #MeToo moral movement affect the box office of multinational enterprises (MNEs) in international markets. By leveraging an institutional approach, we predict that extensive traditional and digital media coverage of #MeToo in a host country will promote attention convergence, and robust formal and informal institutions of gender equality will drive moral convergence. Attention and moral convergence foster the cross-country spread of reputation loss following the scandal, potentially penalizing MNEs associated with The Weinstein Company and adversely affecting their international revenue. Conversely, differences in traditional and digital media coverage and misaligned formal and informal institutions hinder the spread of reputation loss. We support our predictions with weekly global box office revenue data for film MNEs from 2015 to 2019 across 86 countries and a difference-in-difference specification. Our study provides insights into research on cultural industries and international business, emphasizing the role of mass media and institutions in the worldwide moral movement. We also discuss the social impact of our study on gender equality.","PeriodicalId":48453,"journal":{"name":"Journal of International Business Studies","volume":"19 1","pages":""},"PeriodicalIF":11.6,"publicationDate":"2024-08-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142002646","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Participation and upgrading along global value chains: the role of audit oversight 全球价值链上的参与和升级：审计监督的作用

IF 11.6 1区管理学

Journal of International Business Studies Pub Date : 2024-08-13 DOI: 10.1057/s41267-024-00719-1

Sibo Liu, Lixin Su, Feng Wu, Xindong Zhu

{"title":"Participation and upgrading along global value chains: the role of audit oversight","authors":"Sibo Liu, Lixin Su, Feng Wu, Xindong Zhu","doi":"10.1057/s41267-024-00719-1","DOIUrl":"https://doi.org/10.1057/s41267-024-00719-1","url":null,"abstract":"We show that shared and improved auditing standards, as induced by the audit oversight arising from the Public Company Accounting Oversight Board (PCAOB)’s inspections on non-U.S. auditors, help global exporting firms upgrade themselves and tap into global value chains (GVCs). Using a dataset of U.S. waterway imports from global suppliers of 36 countries, we find that PCAOB international inspections not only lead to significantly more exports to U.S. buyers, particularly for intermediate and capital goods, but exporters also upgrade their product complexity. These results are consistent with enhanced information quality of exporters and thus reduced informational frictions with downstream importers. Echoing this notion, we find stronger GVC effects of PCAOB inspections for exporters facing more informational problems, i.e., for those with ex-ante lower reporting quality or smaller market shares, and those located in countries with weaker institutions or higher geopolitical risk with the U.S. PCAOB inspections also increase the duration length of the chain relationship and supplier firms’ relationship-specific investments in the chain. We further find that U.S. importers with a greater share of suppliers audited by PCAOB-inspected auditors exhibit boosted financial outcomes. Overall, our findings suggest that audit oversight facilitates the formation, upgrading, and performance along GVCs.","PeriodicalId":48453,"journal":{"name":"Journal of International Business Studies","volume":"375 1","pages":""},"PeriodicalIF":11.6,"publicationDate":"2024-08-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141980842","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Veto rights in international joint ventures 国际合资企业中的否决权

IF 11.6 1区管理学

Journal of International Business Studies Pub Date : 2024-08-02 DOI: 10.1057/s41267-024-00710-w

Jeffrey J. Reuer, Elko Klijn, Shivaram Devarakonda, René Olie

{"title":"Veto rights in international joint ventures","authors":"Jeffrey J. Reuer, Elko Klijn, Shivaram Devarakonda, René Olie","doi":"10.1057/s41267-024-00710-w","DOIUrl":"https://doi.org/10.1057/s41267-024-00710-w","url":null,"abstract":"Notwithstanding their popularity, veto rights are inadequately understood features of international agreements, particularly interfirm exchanges such as international joint ventures (IJVs). As an interesting feature of an IJV’s governance design, they shape decision-making of the most powerful administrative mechanism of an IJV – the IJV board. IJVs’ boards play a crucial part in supporting adaptation to contingencies, but their adaptive capacity can also give rise to a different set of concerns, however: their opportunistic use by a partner in control of the board. Such behavior, we argue, can be reined in by veto rights. Building on transaction cost economics, we posit that goal conflicts owing to partner competition and environmental uncertainty contribute to the allocation of veto rights to partners. Concerns surrounding the maladaptive use of board control weaken when institutional safeguards are strong, reducing the need for veto rights. Findings from a survey of IJVs furnish evidence in support of the core proposition that veto rights can help parent firms address maladaptation. We conclude that veto rights can be an important element of partners’ arsenal when designing and governing IJVs based on comparative efficiency considerations.","PeriodicalId":48453,"journal":{"name":"Journal of International Business Studies","volume":"36 1","pages":""},"PeriodicalIF":11.6,"publicationDate":"2024-08-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141880352","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Family firms and the governance of global value chains 家族企业与全球价值链治理

IF 11.6 1区管理学

Journal of International Business Studies Pub Date : 2024-07-19 DOI: 10.1057/s41267-024-00716-4

Francesco Debellis, Emanuela Rondi, Peter J. Buckley, Alfredo De Massis

{"title":"Family firms and the governance of global value chains","authors":"Francesco Debellis, Emanuela Rondi, Peter J. Buckley, Alfredo De Massis","doi":"10.1057/s41267-024-00716-4","DOIUrl":"https://doi.org/10.1057/s41267-024-00716-4","url":null,"abstract":"The current evolution of global value chains (GVCs) calls for moving beyond the “unipolar” view of lead multinational enterprises (MNEs) as sole rulers to examine how their characteristics and those of partner firms affect GVC governance. In response to this call, we focus on family firms, which are the most ubiquitous organizational form worldwide and represent the majority of firms participating in GVCs. Unlike non-family firms, these organizations face distinct mixed gambles, driven by both economic and non-economic goals. However, internalization theory and the associated global factory model, which explain GVC governance, rely solely on economic assessments, limiting our understanding and predictability of MNE behavior. Therefore, in this study, we show how location decisions, degree of internalization, and relationship management in GVCs differ from the conventional global factory model when family firms are involved as lead MNEs and/or partners. By analyzing how comparative efficiency considerations change when family firms are involved, we offer implications for internalization theory and provide a more comprehensive framework for understanding control and trust dynamics in GVCs. Thus, we pave the way for future research to revise and enrich international business theories, taking into account the distinctiveness and heterogeneity of family firms.","PeriodicalId":48453,"journal":{"name":"Journal of International Business Studies","volume":"35 1","pages":""},"PeriodicalIF":11.6,"publicationDate":"2024-07-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141730513","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Home country’s economic and political institutions: firms’ ownership decisions in cross-border acquisitions 母国的经济和政治体制：跨国收购中企业的所有权决策

IF 11.6 1区管理学

Journal of International Business Studies Pub Date : 2024-07-01 DOI: 10.1057/s41267-024-00714-6

Christine M. Chan, Lei Shi, Jingtao Yi

{"title":"Home country’s economic and political institutions: firms’ ownership decisions in cross-border acquisitions","authors":"Christine M. Chan, Lei Shi, Jingtao Yi","doi":"10.1057/s41267-024-00714-6","DOIUrl":"https://doi.org/10.1057/s41267-024-00714-6","url":null,"abstract":"The influences of a home country’s economic and political institutions on acquirers’ cross-border acquisitions (CBAs) ownership strategies remains unexplored. Acquirers face endogenous uncertainty (i.e., uncertainty that can be resolved in part by acquirers) when transferring headquarters resources to foreign target firms and exogenous uncertainty (i.e., uncertainty that cannot be resolved by acquirers) when there is an unpredictable policy change. We argue that well-developed economic and political institutions in a home country play a market-supporting and constraining role in mitigating endogenous and exogenous uncertainty respectively, enabling acquirers to seek high ownership stakes in CBAs. We also argue that the importance of a home country’s well-developed economic and political institutions for acquirers’ CBA ownership strategic decisions depends on mutual trade dependence between the acquirers’ home country and the target firms’ host countries and also on the economic capabilities of the acquirers developed in different industries and political capabilities developed in different host countries. To test these arguments, we analyze 133,623 CBAs between 2000 and 2020 and find support for the distinct roles played by a home country’s economic and political institutions.","PeriodicalId":48453,"journal":{"name":"Journal of International Business Studies","volume":"63 1","pages":""},"PeriodicalIF":11.6,"publicationDate":"2024-07-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141489564","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Nationalist sentiments and the multinational enterprise: insights from organizational sociology 民族主义情绪与跨国企业：组织社会学的启示

IF 11.6 1区管理学

Journal of International Business Studies Pub Date : 2024-06-21 DOI: 10.1057/s41267-024-00713-7

Jesper Edman, Ilya R. P. Cuypers, Gokhan Ertug, Ruth V. Aguilera

{"title":"Nationalist sentiments and the multinational enterprise: insights from organizational sociology","authors":"Jesper Edman, Ilya R. P. Cuypers, Gokhan Ertug, Ruth V. Aguilera","doi":"10.1057/s41267-024-00713-7","DOIUrl":"https://doi.org/10.1057/s41267-024-00713-7","url":null,"abstract":"International business scholars have recognized the impact of political and economic nationalism on the multinational enterprise (MNE). We complement these approaches by highlighting the sociological manifestations of nationalism and their implications for the MNE. We argue that nationalist sentiments, i.e., widely shared assumptions of superiority over other nations and cultures, constitute an under-researched but critical element in international business (IB). Drawing insights from organizational sociology, we elucidate how nationalist sentiments manifest in the MNE’s external and internal environment. Specifically, we suggest that nationalist sentiments accentuate national institutional logics, generate status-based categorizations of foreign and domestic firms, and heighten emphasis on national organizational identities. These manifestations impact the MNE’s operations by limiting room for hybridization of dissimilar practices and routines, increasing the risk of discrimination and stereotyping by local audiences, and entrenching resistance to foreign ideas and practices among organizational members. We suggest that MNEs have three strategic choices in responding to nationalist sentiments: avoid their manifestations, mitigate their implications, or leverage nationalist sentiments to the MNE’s advantage. In sum, our framework provides a starting point for IB scholars to examine the strategic implications of nationalist sentiments for the MNE.","PeriodicalId":48453,"journal":{"name":"Journal of International Business Studies","volume":"53 1","pages":""},"PeriodicalIF":11.6,"publicationDate":"2024-06-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141439790","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

How to avoid a desk reject: do’s and don’ts 如何避免被办公桌拒绝：该做的和不该做的

IF 11.6 1区管理学

Journal of International Business Studies Pub Date : 2024-06-17 DOI: 10.1057/s41267-024-00712-8

Sjoerd Beugelsdijk, Allan Bird

引用次数: 0

A review of 50 years of research since Knickerbocker (1973): competitive dynamics in international business 回顾自克尼克博克（1973 年）以来的 50 年研究：国际商务中的竞争态势

IF 11.6 1区管理学

Journal of International Business Studies Pub Date : 2024-06-13 DOI: 10.1057/s41267-024-00707-5

Fiona Kun Yao, Ming-Jer Chen, Jiatao Li, Danielle Combs, Qiang Li

{"title":"A review of 50 years of research since Knickerbocker (1973): competitive dynamics in international business","authors":"Fiona Kun Yao, Ming-Jer Chen, Jiatao Li, Danielle Combs, Qiang Li","doi":"10.1057/s41267-024-00707-5","DOIUrl":"https://doi.org/10.1057/s41267-024-00707-5","url":null,"abstract":"Competition has long been considered a central element of strategy for multinational enterprises in classical foreign direct investment theories. This review evaluates the large and diverse literature on competitive dynamics in international business since Knickerbocker’s (Oligopolistic reaction and the multi-national enterprise, MIT Press, Cambridge, 1973) seminal work on oligopolistic reaction. Specifically, we review the literature on follow-the-leader, awareness–motivation–capability, competitor analysis, and multimarket competition. Our review reveals that competitive interaction in the international context is a multi-arena, multi-player, and multi-level phenomenon. We also identify opportunities for future research, such as deepening the understanding of the micro-foundations of competitive dynamics, incorporating more country-level factors into the analysis of firm-level competitive interactions, broadening the consideration of international stakeholders, and giving greater emphasis to non-market strategies as competitive actions in the global environment. Our review contributes to the development of international business theory by improving our understanding of the mechanisms underlying the execution and consequences of multinational firms’ competitive strategies. Moreover, it enriches the competitive dynamics theory in strategic management by emphasizing the complexities that the international context introduces to competitive interactions among firms.","PeriodicalId":48453,"journal":{"name":"Journal of International Business Studies","volume":"42 1","pages":""},"PeriodicalIF":11.6,"publicationDate":"2024-06-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141319844","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Domestic financial conditions and MNCs’ global competitiveness: evidence from the Swiss franc shock 国内金融条件与跨国公司的全球竞争力：来自瑞士法郎冲击的证据

IF 11.6 1区管理学

Journal of International Business Studies Pub Date : 2024-06-07 DOI: 10.1057/s41267-024-00703-9

Christian Eufinger, Andrej Gill, Florian Hett

{"title":"Domestic financial conditions and MNCs’ global competitiveness: evidence from the Swiss franc shock","authors":"Christian Eufinger, Andrej Gill, Florian Hett","doi":"10.1057/s41267-024-00703-9","DOIUrl":"https://doi.org/10.1057/s41267-024-00703-9","url":null,"abstract":"Our study examines the influence of the local financial conditions in a multinational corporation’s (MNC) home country on its global strategy and market position. Establishing a headquarters in a country grants legitimacy with local stakeholders, which enhances firms’ access to local capital markets. Consequently, MNCs headquartered in a country with favorable financial conditions might gain an advantage over MNCs based in countries with a less advantageous financial environment. To analyze this hypothesis, we utilize local projections and a major policy shift by the Swiss National Bank in January 2015, which involved an exchange rate shock and a substantial interest rate cut to −0.75%. Our analysis shows that Swiss-based MNCs, benefiting from lower domestic interest rates, significantly outperformed their EU-based rivals in terms of investment rates (8.4–9.7% points higher) and employment growth (6.7–9.8% points higher). Moreover, we show that this stimulating effect helped to offset the adverse consequences of the simultaneous appreciation of the domestic currency for Swiss-based MNCs in sectors more reliant on exports. Our results highlight the critical role of local financial conditions and, more broadly, local macroeconomic factors in shaping MNCs’ global strategies and competitive standing.","PeriodicalId":48453,"journal":{"name":"Journal of International Business Studies","volume":"2674 1","pages":""},"PeriodicalIF":11.6,"publicationDate":"2024-06-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141292726","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0