Journal of International Business Studies最新文献_第5页

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

Multinational firms and sustainability in global supply chains: scope and boundaries of responsibility 跨国公司与全球供应链中的可持续性：责任的范围和界限

IF 11.6 1区管理学

Journal of International Business Studies Pub Date : 2024-06-03 DOI: 10.1057/s41267-024-00706-6

Valentina Marano, Miriam Wilhelm, Tatiana Kostova, Jonathan Doh, Sjoerd Beugelsdijk

{"title":"Multinational firms and sustainability in global supply chains: scope and boundaries of responsibility","authors":"Valentina Marano, Miriam Wilhelm, Tatiana Kostova, Jonathan Doh, Sjoerd Beugelsdijk","doi":"10.1057/s41267-024-00706-6","DOIUrl":"https://doi.org/10.1057/s41267-024-00706-6","url":null,"abstract":"Multinational corporations and their global suppliers are increasingly expected to employ sustainability practices throughout their supply chains. As such, the global scope of corporate sustainability – including the notion of ‘full-chain responsibility’ – is a concern for firms, governments, NGOs, and other stakeholders. We evaluate the state-of-the-art of sustainability research on multinational firms and global supply chains, bringing together insights from two literatures that have examined this topic: international business and supply chain management. The articles in the Special Issue advance the research frontier by highlighting both macro impacts of legal and societal pressures as well as micro-processes of bargaining power, managerial sensemaking, and transparency to inform the relationships between global firms and their suppliers. Collectively, the research included in this Special Issue reflects a notable shift in focus from the former (macro) to the latter (micro). We elaborate on the benefits of incorporating additional notions such as power, opportunism, and negotiation in global supply chain research against the background of cross-country variation in legal and societal pressures. This would allow a more in-depth understanding of the dynamic relationships between multinational corporations, their multi-tier supplier networks, and other stakeholders that jointly shape the sustainability agenda.","PeriodicalId":48453,"journal":{"name":"Journal of International Business Studies","volume":"124 1","pages":""},"PeriodicalIF":11.6,"publicationDate":"2024-06-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141246557","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

Sensemaking along global supply chains: implications for the ability of the MNE to manage sustainability challenges 全球供应链上的感性认识：对跨国企业应对可持续发展挑战能力的影响

IF 11.6 1区管理学

Journal of International Business Studies Pub Date : 2024-05-29 DOI: 10.1057/s41267-024-00708-4

Lutz Preuss, Ralf Barkemeyer, Bimal Arora, Shilpi Banerjee

{"title":"Sensemaking along global supply chains: implications for the ability of the MNE to manage sustainability challenges","authors":"Lutz Preuss, Ralf Barkemeyer, Bimal Arora, Shilpi Banerjee","doi":"10.1057/s41267-024-00708-4","DOIUrl":"https://doi.org/10.1057/s41267-024-00708-4","url":null,"abstract":"Multinational enterprises (MNEs) are increasingly called upon to address sustainability issues along their supply chains. We advance prior literature on this topic by building on the argument that comprehending individual-level sensemaking is the foundational step for understanding the design and execution of corporate sustainability strategy. Hence, we undertook a qualitative study of one European agri-food MNE and captured how internal and external stakeholders along two entire supply chain segments, reaching into India and Ethiopia, respectively, make sense of farmer livelihoods as one particular sustainability issue. Using Weick’s stages of sensemaking as our theoretical lens, we find a high degree of diversity in interpretations regarding (1) the nature of the sustainability challenge, (2) the MNE’s motives for addressing it, and (3) the potential solutions to it. However, consistent patterns emerge for the three sensemaking stages in relation to the individual’s position in the supply chain. As a result of our analysis, we develop a conceptual model that elucidates differences in sensemaking of sustainability challenges by actors at different positions along global supply chains. Building on our findings, we offer a detailed explanation of how individual sensemaking influences collective sensemaking and, in turn, the direction and effectiveness of corporate strategy on sustainability.","PeriodicalId":48453,"journal":{"name":"Journal of International Business Studies","volume":"45 1","pages":""},"PeriodicalIF":11.6,"publicationDate":"2024-05-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141165160","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

Smart disclosure: an enabler for multinationals to reduce human rights violations in global supply chains 智能披露：跨国公司减少全球供应链中侵犯人权行为的推动力

IF 11.6 1区管理学

Journal of International Business Studies Pub Date : 2024-05-24 DOI: 10.1057/s41267-024-00698-3

Stephanie Lu Wang, Yejee Lee, Dan Li

{"title":"Smart disclosure: an enabler for multinationals to reduce human rights violations in global supply chains","authors":"Stephanie Lu Wang, Yejee Lee, Dan Li","doi":"10.1057/s41267-024-00698-3","DOIUrl":"https://doi.org/10.1057/s41267-024-00698-3","url":null,"abstract":"Existing research has underscored that the lack of supplier visibility poses a primary obstacle for multinational corporations (MNCs) to tackle human rights violations within their global supply chains (GSC). To address this challenge, MNCs are increasingly adopting the concept of “smart disclosure” to enhance supplier visibility. However, its conceptualization, operationalization, and efficacy in reducing human rights violations, remain unclear. Filling this gap, we first draw on research about attributes of digital technologies and information disclosure to define and operationalize smart disclosure in the context of GSC. We then draw on insights from institutional theory to theorize that smart disclosure – as a visibility-enhancing mechanism – enables MNCs to fulfill the role of “institutional carriers” and effectively impose institutional pressures on suppliers, fostering an environment where suppliers’ adherence to human rights standards is desired, supported, and rewarded. We further propose that this effect is stronger for suppliers with higher centrality in GSC networks and those in countries with greater civil society development. We found support for our arguments by analyzing 8527 observations at the MNC-supplier-year level in the global apparel industry from 2014 to 2020.","PeriodicalId":48453,"journal":{"name":"Journal of International Business Studies","volume":"67 1","pages":""},"PeriodicalIF":11.6,"publicationDate":"2024-05-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141096688","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

Research on temporal diversity in GVTs: limitations and a new research agenda 龙卷风时间多样性研究：局限性和新的研究议程

IF 11.6 1区管理学

Journal of International Business Studies Pub Date : 2024-05-21 DOI: 10.1057/s41267-024-00709-3

Vas Taras, Günter K. Stahl, Marjaana Gunkel, Justin Kraemer

{"title":"Research on temporal diversity in GVTs: limitations and a new research agenda","authors":"Vas Taras, Günter K. Stahl, Marjaana Gunkel, Justin Kraemer","doi":"10.1057/s41267-024-00709-3","DOIUrl":"https://doi.org/10.1057/s41267-024-00709-3","url":null,"abstract":"In addition to cultural and demographic diversity, temporal diversity is increasingly recognized as a crucial factor affecting the dynamics and performance of global virtual teams (GVTs). However, research on temporal diversity tends to analyze the effects of only one source of timing differences at a time: either only time-zone differences or only chronotype differences among the team members. Such a single-focus approach is limiting, and could lead to biased conclusions. We provide a conceptual model that shows how analyzing only one source of temporal diversity at a time can produce an incomplete and even misleading picture. Based on the analysis of different temporal activation patternings, namely the arrangements of timing when team members can fully engage in project-related tasks, we demonstrate how the interplay between time zones and chronotypes can exacerbate or mitigate temporal diversity, resulting in temporal patterns that could be more or less advantageous for a GVT, depending on the team characteristics and nature of its task. We discuss the implications of failing to simultaneously consider both sources of temporal differences when analyzing timing differences among GVT members and provide a guide for future research and practice for handling the issue of temporal diversity more effectively.","PeriodicalId":48453,"journal":{"name":"Journal of International Business Studies","volume":"21 1","pages":""},"PeriodicalIF":11.6,"publicationDate":"2024-05-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141074224","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

Universal banking powers and liquidity creation 普遍银行权力和创造流动性

IF 11.6 1区管理学

Journal of International Business Studies Pub Date : 2024-05-21 DOI: 10.1057/s41267-024-00699-2

Allen N. Berger, Omrane Guedhami, Destan Kirimhan, Xinming Li, Daxuan Zhao

{"title":"Universal banking powers and liquidity creation","authors":"Allen N. Berger, Omrane Guedhami, Destan Kirimhan, Xinming Li, Daxuan Zhao","doi":"10.1057/s41267-024-00699-2","DOIUrl":"https://doi.org/10.1057/s41267-024-00699-2","url":null,"abstract":"Universal banking powers are permissions for a nation’s banks to provide financial services beyond “plain vanilla” banking activities. Some nations restrict banking activities to only services such as loans and deposits, while others permit commercial banks to also engage in investment banking, insurance underwriting, and/or real estate investment activities. Despite the research and policy importance of this issue, the literature essentially neglects how these powers affect the primary role of banks in creating liquidity for society. We formulate two competing hypotheses as to whether more universal banking powers increase versus decrease domestic bank liquidity creation based on theories of risk absorption, relationship banking, and scope economies/diseconomies. We test which hypothesis empirically dominates using data from 85 nations over 15 years. The data strongly support the hypothesis that universal powers boost domestic bank liquidity creation. These findings are robust to addressing endogeneity, controlling for bank regulations, macroeconomic conditions, and institutional variables, and conducting subsample analyses. We also test for international arbitrage – whether the foreign subsidiaries of banks from more restrictive countries create more liquidity in host countries with fewer restrictions – and find support for this arbitrage. Collectively, these results provide important research and policy implications.","PeriodicalId":48453,"journal":{"name":"Journal of International Business Studies","volume":"1 1","pages":""},"PeriodicalIF":11.6,"publicationDate":"2024-05-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141079262","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

Revealed and reserved: a compensating approach of voluntary disclosure by family multinationals 披露与保留：家族跨国公司自愿披露的补偿方法

IF 11.6 1区管理学

Journal of International Business Studies Pub Date : 2024-05-19 DOI: 10.1057/s41267-024-00695-6

Qian (Cecilia) Gu, Stephanie Lu Wang, Tao Bai

{"title":"Revealed and reserved: a compensating approach of voluntary disclosure by family multinationals","authors":"Qian (Cecilia) Gu, Stephanie Lu Wang, Tao Bai","doi":"10.1057/s41267-024-00695-6","DOIUrl":"https://doi.org/10.1057/s41267-024-00695-6","url":null,"abstract":"Family-owned MNEs (FMNEs) face unique challenges for their newly established foreign subsidiaries due to the information asymmetry and divergent demands between the controlling families and external stakeholders. Despite the significant theoretical and managerial implications, there has been a notable research gap in understanding how FMNEs strategically disclose information to overcome these challenges. Drawing from literature on firms’ stakeholder management and responses to institutional pressure, we propose that FMNEs seek a compensating approach to reconcile various stakeholders’ divergent needs, mitigate information asymmetry, and enhance legitimacy. The compensating approach encompasses both the content and amount of information disclosed. Specifically, FMNEs selectively conceal information sensitive to socioemotional wealth (SEW) to protect the core interests of the controlling families. Simultaneously, they voluntarily disclose more information to signal professionalization to external stakeholders, alleviating concerns associated with higher family involvement. We further argue that transparency pressure in FMNEs’ home context amplifies their utilization of compensating information disclosure. Our arguments are generally supported by analyzing 850 newly established foreign subsidiaries from both FMNEs and non-FMNEs between 2010 and 2017.","PeriodicalId":48453,"journal":{"name":"Journal of International Business Studies","volume":"39 1","pages":""},"PeriodicalIF":11.6,"publicationDate":"2024-05-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141069266","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

International business and decentralized finance 国际商业和分散融资

IF 11.6 1区管理学

Journal of International Business Studies Pub Date : 2024-05-15 DOI: 10.1057/s41267-024-00705-7

Campbell R. Harvey, Daniel Rabetti

{"title":"International business and decentralized finance","authors":"Campbell R. Harvey, Daniel Rabetti","doi":"10.1057/s41267-024-00705-7","DOIUrl":"https://doi.org/10.1057/s41267-024-00705-7","url":null,"abstract":"Over the last decade, the green shoots of a new economic order have emerged as decentralized technologies challenge traditional financial systems. Decentralized finance (DeFi) holds the potential to transform international business (IB) by offering accessible financial services across borders, disrupting traditional intermediaries, and promoting financial inclusion. While traditional fintech has challenged banks, DeFi operates outside legacy systems, leveraging blockchain technology and smart contracting to introduce a new range of products and services that provide first-movers with an upper hand to both expand their business across the globe as well realize cost savings on existing business. Despite offering advantages like efficiency, transparency, and security, DeFi faces regulatory uncertainties and scalability, adoption, and stability concerns. Our study explores how DeFi can seamlessly integrate into the IB space while addressing these challenges. In addition to offering insights for investors, multinational firms, and regulators, we also lay the groundwork for future IB research in the fintech domain. As the DeFi innovation unfolds, understanding and harnessing its potential can empower stakeholders to engage responsibly and effectively in this transformative landscape.","PeriodicalId":48453,"journal":{"name":"Journal of International Business Studies","volume":"48 1","pages":""},"PeriodicalIF":11.6,"publicationDate":"2024-05-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140949750","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

Asynchronicities of growth: a process extension to the Uppsala model of internationalisation 增长的不同步性：乌普萨拉国际化模式的过程扩展

IF 11.6 1区管理学

Journal of International Business Studies Pub Date : 2024-04-23 DOI: 10.1057/s41267-024-00702-w

Peter W. Liesch, Catherine Welch

{"title":"Asynchronicities of growth: a process extension to the Uppsala model of internationalisation","authors":"Peter W. Liesch, Catherine Welch","doi":"10.1057/s41267-024-00702-w","DOIUrl":"https://doi.org/10.1057/s41267-024-00702-w","url":null,"abstract":"We contend that the Uppsala internationalisation process (IP) Model offers the basis, yet unrealised, for a process theory of growth of the internationalising firm. From the Model’s origins, particularly in Penrosean theory, we develop this potential by offering a theory extension that explicates the organisational changes within the firm required to sustain international growth. This repositioning distinguishes us from previous attempts to amend, supplant or extend the IP Model. In developing the theory extension, we specify how we remain faithful to the IP Model’s behavioural assumption ground. We provide a model of the internationalising firm that posits non-linear growth paths. This is due to the challenges of synchronising the external opportunity seeking of the firm as it expands internationally with the internal capacity building required to realise these opportunities. Introducing to the IB field this asynchronicity problem, an absence of temporal concurrence, we show its potential in explaining organisational changes and discontinuities in the internationalising firm’s development as it seeks to grow. By extending the IP Model to offer a theory of growth of the internationalising firm, we provide the basis for further process scholarship on this topic that addresses contemporary concerns and developments.","PeriodicalId":48453,"journal":{"name":"Journal of International Business Studies","volume":"233 1","pages":""},"PeriodicalIF":11.6,"publicationDate":"2024-04-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140637520","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