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

Corruption experience and foreign investments: clean hands or dirty hands learning? 腐败经历与外国投资：干净的手还是肮脏的手？

IF 11.6 1区管理学

Journal of International Business Studies Pub Date : 2024-12-16 DOI: 10.1057/s41267-024-00763-x

Negash Haile Dedho, René Belderbos, Alvaro Cuervo-Cazurra

{"title":"Corruption experience and foreign investments: clean hands or dirty hands learning?","authors":"Negash Haile Dedho, René Belderbos, Alvaro Cuervo-Cazurra","doi":"10.1057/s41267-024-00763-x","DOIUrl":"https://doi.org/10.1057/s41267-024-00763-x","url":null,"abstract":"Host-country corruption discourages multinational firms’ foreign investments. Nonetheless, multinationals may still want to invest to benefit from local business opportunities. To deal with the challenges of operating in a corrupt host country, they can use experience gained in other corrupt countries. We distinguish between “clean hands” and “dirty hands” learning about corruption – that is to say, learning how to avoid bribing, or learning how to pay bribes and avoid traceability. We disentangle these two competing mechanisms, which were confounded in previous studies, by assessing how home-country enforcement of laws against bribery abroad modifies how prior experience in corrupt countries mitigates the discouraging effect of host-country corruption on investment. We propose that, under clean hands learning, home-country enforcement strengthens the mitigating influence whereas, under dirty hands learning, home-country enforcement weakens this influence. Results from analyzing the location choices made by 25,067 multinationals from 97 countries for their 91,371 greenfield investments in 101 countries from 2008 to 2016 reveal that corruption experience mitigates the discouraging influence of host country corruption but that home country enforcement of laws against bribery reverses this influence. This is consistent with the view that dirty hands learning prevails over clean hands learning.","PeriodicalId":48453,"journal":{"name":"Journal of International Business Studies","volume":"120 1","pages":""},"PeriodicalIF":11.6,"publicationDate":"2024-12-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142825058","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

The sustainability of MNE sustainability initiatives 跨国公司可持续发展倡议的可持续性

IF 11.6 1区管理学

Journal of International Business Studies Pub Date : 2024-12-09 DOI: 10.1057/s41267-024-00760-0

Srilata Zaheer

引用次数: 0

Theories of firms and the emergence of multinational enterprises: the organizational and managerial implications of solving transactional problems versus creating exchange value 企业理论与跨国企业的出现：解决交易问题与创造交换价值的组织和管理含义

IF 11.6 1区管理学

Journal of International Business Studies Pub Date : 2024-12-06 DOI: 10.1057/s41267-024-00759-7

Jay B. Barney, Ilze Kivleniece, Anita M. McGahan

{"title":"Theories of firms and the emergence of multinational enterprises: the organizational and managerial implications of solving transactional problems versus creating exchange value","authors":"Jay B. Barney, Ilze Kivleniece, Anita M. McGahan","doi":"10.1057/s41267-024-00759-7","DOIUrl":"https://doi.org/10.1057/s41267-024-00759-7","url":null,"abstract":"Teece (J Int Bus Stud 45(1):8–37, 2014) identifies two theories of the emergence of multinational enterprises (MNEs)—one that focuses on how MNEs solve transactional difficulties that can emerge in market exchanges and another that focuses on how MNEs facilitate economic value creation that is difficult to realize through market exchanges—and suggests that both theories are important in understanding MNE emergence. However, the organizational and managerial implications of these two theories are very different. MNEs that solve transactional difficulties are typically hierarchical in nature, where senior managers exercise managerial fiat to direct subordinates, firm boundaries are well defined, and subordinate behavior is monitored to minimize opportunism. MNEs that create economic value are typically less hierarchical, involve the creation of cooperative relations among stakeholders to facilitate co-specialized investments, have less well-defined boundaries, and reduce the threat of opportunism by ensuring that stakeholders gain more continuing in this exchange than other exchanges. The organizational and managerial implications of these two theories suggest that MNEs that form to both solve transactional difficulties and to create economic value will face difficult challenges trying to reconcile the organizational and management imperatives implied by these theories. This paper concludes by discussing how MNEs might address these organizational and managerial conflicts.","PeriodicalId":48453,"journal":{"name":"Journal of International Business Studies","volume":"225 1","pages":""},"PeriodicalIF":11.6,"publicationDate":"2024-12-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142789941","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

Cross-border political ties: foreign firms’ campaign contributions and the crowding out of domestic competitors 跨国政治关系：外国公司的竞选捐款和国内竞争者的排挤

IF 11.6 1区管理学

Journal of International Business Studies Pub Date : 2024-12-05 DOI: 10.1057/s41267-024-00734-2

Meghana Ayyagari, April Knill, Kelsey Syvrud

{"title":"Cross-border political ties: foreign firms’ campaign contributions and the crowding out of domestic competitors","authors":"Meghana Ayyagari, April Knill, Kelsey Syvrud","doi":"10.1057/s41267-024-00734-2","DOIUrl":"https://doi.org/10.1057/s41267-024-00734-2","url":null,"abstract":"A substantial body of literature has shown that political connections have benefited firms domestically, but their cross-border value for multinational enterprises (MNEs) remains understudied. This paper provides novel evidence on the strategic advantages MNEs gain through political ties in host countries and the consequences for domestic firms. Examining foreign companies’ contributions to US political campaigns through political action committees (PACs) sponsored by their US subsidiaries, we find that contributing foreign firms win significantly more U.S. government contracts than non-contributing foreign firms. Crucially, this increased access for foreign contributing firms crowds out government contract allocation to similar domestic firms that do not make political donations, even in regulated industries favoring domestic suppliers. Our findings demonstrate that MNEs can effectively leverage political connections as a non-market strategy to gain preferential treatment over local competitors in a host nation. However, these cross-border political ties come at the expense of domestic firms’ competitiveness, informing policy debates around restricting foreign corporate influence in domestic elections. From a managerial perspective, our findings suggest that strategic political ties are an important consideration for MNEs alongside traditional location factors when evaluating foreign investment decisions and navigating institutional complexities abroad.","PeriodicalId":48453,"journal":{"name":"Journal of International Business Studies","volume":"111 1","pages":""},"PeriodicalIF":11.6,"publicationDate":"2024-12-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142789905","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

Regulatory actions and reputation spillovers: investor reactions to Foreign Corrupt Practices Act violations 监管行动和声誉溢出：投资者对违反《反海外腐败法》的反应

IF 11.6 1区管理学

Journal of International Business Studies Pub Date : 2024-12-04 DOI: 10.1057/s41267-024-00738-y

Seung-Hyun Lee, Jisun Yu, Jinsil Kim

{"title":"Regulatory actions and reputation spillovers: investor reactions to Foreign Corrupt Practices Act violations","authors":"Seung-Hyun Lee, Jisun Yu, Jinsil Kim","doi":"10.1057/s41267-024-00738-y","DOIUrl":"https://doi.org/10.1057/s41267-024-00738-y","url":null,"abstract":"This study examines reputational penalty spillovers in the context of multinational enterprises’ (MNE) Foreign Corrupt Practices Act (FCPA) violations. We focus on investor reactions to unaccused industry bystander MNEs upon two FCPA regulatory events: investigation and enforcement. Expanding on the notion of categorization, we theorize that unaccused bystander MNEs would experience reputation spillover penalties in the investigation stage due to investors’ similarity-based categorization. In the enforcement stage, investors focus more on individual firm traits and no longer rely on similarity-based categorization in their evaluation, resulting in penalties isolated to the focal MNE and competitive benefits to bystander MNEs. Additionally, due to causal-based categorization, these investor reactions would be further influenced by whether the bystander MNEs had subsidiaries in the host country where the bribery had occurred, as well as the level of host-country corruption. We test these arguments using event study methods involving US-listed bystander MNEs upon 190 FCPA regulatory events from 1998 to 2021 and find support for most of our hypotheses. This study provides more nuanced theoretical underpinnings for reputation spillovers and highlights social evaluation aspects in studying MNE corruption and other socially irresponsible practices.","PeriodicalId":48453,"journal":{"name":"Journal of International Business Studies","volume":"262 1","pages":""},"PeriodicalIF":11.6,"publicationDate":"2024-12-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142776579","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

MNEs and financing climate change transitions: the challenge of collective action 跨国公司与气候变化转型融资：集体行动的挑战

IF 11.6 1区管理学

Journal of International Business Studies Pub Date : 2024-11-28 DOI: 10.1057/s41267-024-00757-9

Shaker A. Zahra

引用次数: 0

Prosocial motivation and lending to the poor: evidence from an international crowdfunding platform 亲社会动机与向穷人贷款：来自国际众筹平台的证据

IF 11.6 1区管理学

Journal of International Business Studies Pub Date : 2024-11-22 DOI: 10.1057/s41267-024-00751-1

Luqun Xie, Yi Ding, Jiatao Li, Haifeng Xu

{"title":"Prosocial motivation and lending to the poor: evidence from an international crowdfunding platform","authors":"Luqun Xie, Yi Ding, Jiatao Li, Haifeng Xu","doi":"10.1057/s41267-024-00751-1","DOIUrl":"https://doi.org/10.1057/s41267-024-00751-1","url":null,"abstract":"Employing a prosocial perspective, this study examines how crowdfunders' prosocial motivation influences their lending decisions on international crowdfunding platforms, addressing the global challenge of poverty alleviation. We posit that prosocially motivated crowdfunders, concerned about economic inequality and others' well-being, are more likely to lend to poorer borrowers to minimize inequality and improve welfare. Analyzing a large dataset from Kiva.org with machine learning techniques, we find that higher prosocial motivation indeed leads to the lending choice of poorer borrowers across borders. However, cultural distance weakens this relationship by creating cognitive and emotional barriers, while crowdfunders' platform experience and women-owned businesses strengthen it. These findings highlight how digital platforms enable prosocial motivations to cross national borders in poverty-reduction efforts, while revealing barriers and enablers in cross-border lending. Our study contributes to the international business literature by introducing a prosocial perspective to digital platform research and advancing methodological approaches through machine learning. For practitioners, we suggest strategies to enhance prosocial crowdfunding platforms' effectiveness, including cultural bridge-building initiatives, leveraging experienced users as mentors, and highlighting women-owned businesses. Policymakers can use these insights to create frameworks maximizing prosocial crowdfunding's impact on poverty alleviation.","PeriodicalId":48453,"journal":{"name":"Journal of International Business Studies","volume":"15 1","pages":""},"PeriodicalIF":11.6,"publicationDate":"2024-11-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142690923","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

Dynamic capabilities framework and its transformative contributions 动态能力框架及其变革性贡献

IF 11.6 1区管理学

Journal of International Business Studies Pub Date : 2024-11-22 DOI: 10.1057/s41267-024-00758-8

S. Tamer Cavusgil, Seyda Z. Deligonul

引用次数: 0

Beyond global mobility: how human capital shapes the MNE in the 21st century 超越全球流动：人力资本如何塑造 21 世纪的多国企业

IF 11.6 1区管理学

Journal of International Business Studies Pub Date : 2024-11-18 DOI: 10.1057/s41267-024-00755-x

Dana Minbaeva, Rajneesh Narula, Anupama Phene, Stacey Fitzsimmons

引用次数: 0

How does colonial history matter for expatriate adjustment? The case of Brazilians in Portugal 殖民历史如何影响侨民的适应？葡萄牙的巴西人

IF 11.6 1区管理学

Journal of International Business Studies Pub Date : 2024-11-18 DOI: 10.1057/s41267-024-00754-y

Roberta Aguzzoli, Martyna Śliwa, Jorge Lengler, Chris Brewster, Denise Rossato Quatrin

{"title":"How does colonial history matter for expatriate adjustment? The case of Brazilians in Portugal","authors":"Roberta Aguzzoli, Martyna Śliwa, Jorge Lengler, Chris Brewster, Denise Rossato Quatrin","doi":"10.1057/s41267-024-00754-y","DOIUrl":"https://doi.org/10.1057/s41267-024-00754-y","url":null,"abstract":"The literature on expatriation typically assumes that cultural and institutional familiarity facilitates expatriate adjustment. This assumption underplays the role of the historical context, especially the influence of painful colonial pasts that often lie beneath such familiarity. In addition, seeking to capture expatriate adjustment as a single measure, such literature does not engage with the differences in the extent to which expatriates achieve cognitive, behavioral, and affective adjustment. Using a qualitative study addressing the work experiences of Brazilians living in Portugal, we argue that to fully understand expatriate adjustment, we must pay attention to the historical colonial relationship between the expatriate’s home and host country. Specifically, we discuss the importance of social representations of history for how expatriates narrate, interpret, and act in response to their experiences. Our research makes two theoretical contributions. First, we explain how historical colonial relationships affect expatriate adjustment and how this leads to adjustment only being partial. Second, we develop a nuanced understanding of expatriate adjustment by drawing attention to its three interdependent dimensions (cognitive, behavioral, and affective), showing that an expatriate may be well adjusted in one dimension but less adjusted in another. We call for organizations to engage more, and more critically, with history.","PeriodicalId":48453,"journal":{"name":"Journal of International Business Studies","volume":"70 1","pages":""},"PeriodicalIF":11.6,"publicationDate":"2024-11-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142670856","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