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International marketing agility and cost leadership strategies of frontier emerging market exporters in advanced economy markets
IF 5.9 1区 管理学
International Business Review Pub Date : 2025-02-26 DOI: 10.1016/j.ibusrev.2025.102422
Huda Khan , Zaheer Khan , Gary Knight
{"title":"International marketing agility and cost leadership strategies of frontier emerging market exporters in advanced economy markets","authors":"Huda Khan ,&nbsp;Zaheer Khan ,&nbsp;Gary Knight","doi":"10.1016/j.ibusrev.2025.102422","DOIUrl":"10.1016/j.ibusrev.2025.102422","url":null,"abstract":"<div><div>Amid external crisis, cost-based strategies have become a growing concern for practitioners and an increasingly important area of scholarly inquiry. This is particularly true for frontier exporting firms from less advanced emerging markets (Pakistan), which often adopt cost-led strategies to succeed in the highly competitive and distinct environments of advanced economy markets. Despite its importance, the role of international marketing capabilities in driving these cost-based strategies has been largely overlooked in the existing literature. This study examines a sample of Pakistani exporting firms and demonstrates that international marketing agility, as a meta-dynamic capability, exerts both direct and indirect effects on business model innovation (BMI) through the mediation of cost leadership strategy when targeting advanced economy markets. Furthermore, environmental pressures positively moderate these relationships. The findings contribute to the dynamic capabilities perspective and highlight the crucial roles of international marketing agility and cost leadership strategy in supporting the BMI of exporting firms managing the complex and competitive environments of advanced economy markets. Additionally, the study provides valuable insights for emerging market exporting firms seeking to adapt and innovate their business models in response to the environmental pressure.</div></div>","PeriodicalId":51352,"journal":{"name":"International Business Review","volume":"34 3","pages":"Article 102422"},"PeriodicalIF":5.9,"publicationDate":"2025-02-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143579124","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
A self-anchoring view of forced migrants’ business performance in host countries
IF 5.9 1区 管理学
International Business Review Pub Date : 2025-02-26 DOI: 10.1016/j.ibusrev.2025.102419
Eren Akkan , Burcin Hatipoglu , Kerem Gurses
{"title":"A self-anchoring view of forced migrants’ business performance in host countries","authors":"Eren Akkan ,&nbsp;Burcin Hatipoglu ,&nbsp;Kerem Gurses","doi":"10.1016/j.ibusrev.2025.102419","DOIUrl":"10.1016/j.ibusrev.2025.102419","url":null,"abstract":"<div><div>While forced migrants’ (FM) businesses can have a substantial impact on their host countries, we know little about how they perform well in the long run. Adopting a self-anchoring perspective and using a mixed methods approach with data collected from Syrian FMs in Turkey (i.e., a preliminary field inquiry followed by a quantitative study), we find that two prominent experiential factors, perceived discrimination and local language mastery, influence FMs’ business performance via having a host country identity. We also find that having acquired formal protection at the time of entry into a host country – as opposed to later in time – alleviates the adverse impacts of experiential factors on business performance. The central role a host country identity plays indicates that international entrepreneurship’s predominant focus on cross-border activities should be complemented with business owners’ connection with the local setting in explaining business outcomes, particularly in cases such as when individuals relocate abroad involuntarily with limited opportunities to return. Further, the boundary condition effect of promptness of formal protection explains how early experiences of FMs help them sustain their entrepreneurial agency and also differentiates among various forms of migrant experiences.</div></div>","PeriodicalId":51352,"journal":{"name":"International Business Review","volume":"34 3","pages":"Article 102419"},"PeriodicalIF":5.9,"publicationDate":"2025-02-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143579131","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
Triple-loop springboarding and simulacrum enterprises: Financialization and new forms of emerging economy educational international businesses
IF 5.9 1区 管理学
International Business Review Pub Date : 2025-02-21 DOI: 10.1016/j.ibusrev.2025.102420
Helen Haixia Hu , John Bryson , Jonathan V. Beaverstock
{"title":"Triple-loop springboarding and simulacrum enterprises: Financialization and new forms of emerging economy educational international businesses","authors":"Helen Haixia Hu ,&nbsp;John Bryson ,&nbsp;Jonathan V. Beaverstock","doi":"10.1016/j.ibusrev.2025.102420","DOIUrl":"10.1016/j.ibusrev.2025.102420","url":null,"abstract":"<div><div>This paper examines financialization as a motivation for emerging economy non-financial companies to access, localize, and financialize firm-specific assets (FSAs) obtained from developed market economy enterprises (DMEs) through a triple-loop springboarding process. An abductive methodology was employed, combining both deductive and inductive approaches, and involving five intensive case studies derived from 98 semi-structured interviews focused on the internationalization of emerging market multinational enterprises (EMNEs) in the educational sector. This study identified a triple-loop springboarding process underpinning the internationalization of EMNEs. The first loop involves a financialization motivation, with inward internationalization to form an investment vehicle; the second centers on localization to establish a simulacrum in an emerging economy setting; and the third encompasses outward internationalization, incorporating localization and the creation of additional simulacra in both emerging and developed economy locations. Our findings make an important contribution to the IB literature by highlighting the importance of localization within springboarding theory, as well as the intersections between financialization and localization processes with springboarding—processes notably absent in the existing springboard literature.</div></div>","PeriodicalId":51352,"journal":{"name":"International Business Review","volume":"34 3","pages":"Article 102420"},"PeriodicalIF":5.9,"publicationDate":"2025-02-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143579132","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Transnational gender equality: A framework for analysis and three prospective agendas for future IB research
IF 5.9 1区 管理学
International Business Review Pub Date : 2025-02-15 DOI: 10.1016/j.ibusrev.2025.102417
Rory Donnelly , Gail Hebson , Sara Chaudry
{"title":"Transnational gender equality: A framework for analysis and three prospective agendas for future IB research","authors":"Rory Donnelly ,&nbsp;Gail Hebson ,&nbsp;Sara Chaudry","doi":"10.1016/j.ibusrev.2025.102417","DOIUrl":"10.1016/j.ibusrev.2025.102417","url":null,"abstract":"<div><div>Gender equality is a global grand challenge and U.N. Sustainable Development Goal (SDG5) requiring the impetus of the IB community. As members of this community, Professional Services Firms (PSFs) providing HR-related consultancy services play an influential role in promoting the business case for gender equality to client businesses pursuing greater workforce diversity and inclusion. However, PSFs struggle to accomplish gender equality themselves. In this article, we examine the gendering of transnational PSFs through an integrative literature review to establish how the IB community can address shortcomings with existing gender equality research and strategy. Our review explains how and why gendered structural and relational processes and practices at multiple levels shape the varied experiences and behaviors of professionals in these firms. We use these findings to advance a new framework for the transnational analysis of gender equality, which synthesizes the dynamic processes and practices gendering PSFs and moves past top-down and colonial perspectives to counter biases in current theorization. We then set out three prospective agendas for the IB community to progress future gender equality research, strategy and practice.</div></div>","PeriodicalId":51352,"journal":{"name":"International Business Review","volume":"34 3","pages":"Article 102417"},"PeriodicalIF":5.9,"publicationDate":"2025-02-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143579130","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Valuing ESG: How financial markets respond to corporate sustainability
IF 5.9 1区 管理学
International Business Review Pub Date : 2025-02-15 DOI: 10.1016/j.ibusrev.2025.102418
Le Chau , Le Anh , Vo Duc
{"title":"Valuing ESG: How financial markets respond to corporate sustainability","authors":"Le Chau ,&nbsp;Le Anh ,&nbsp;Vo Duc","doi":"10.1016/j.ibusrev.2025.102418","DOIUrl":"10.1016/j.ibusrev.2025.102418","url":null,"abstract":"<div><div>This study explores how financial markets value corporate sustainability, using a comprehensive dataset of the largest publicly listed firms across 12 countries. Diverging from prior research that assumes a linear or quadratic relationship between ESG performance and firm value, we uncover a cubic response function, characterised by a horizontal-S-shaped effect. Firm value initially increases with ESG ratings up to a critical threshold, then declines as firms face rising costs and diminishing returns, before rising again once ESG ratings exceed a second threshold. We attribute this nonlinear dynamic to two key mechanisms: growth options and stakeholder influence capacity, which interact at different stages of ESG performance. Furthermore, our analysis highlights the moderating role of country-level institutional quality and environmental sustainability, demonstrating that national contexts significantly shape market responses to ESG ratings. By leveraging the Gaussian Copula approach to address endogeneity concerns, we ensure robust and reliable findings. This study advances the international business literature by offering a theoretical framework to explain cross-country variations in how financial markets price sustainability-linked assets. Our findings underscore the critical role of institutional factors in shaping investor sentiment and corporate strategies in a sustainability-focus global economy. These insights are invaluable for investors, policymakers, and corporate leaders navigating the evolving landscape of ESG-driven finance.</div></div>","PeriodicalId":51352,"journal":{"name":"International Business Review","volume":"34 3","pages":"Article 102418"},"PeriodicalIF":5.9,"publicationDate":"2025-02-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143579127","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Internationalization and escapism: Government support as a pullback force for small and large enterprises
IF 5.9 1区 管理学
International Business Review Pub Date : 2025-02-11 DOI: 10.1016/j.ibusrev.2025.102416
Ebru Ozturk-Kose , Dimitrios Tsagdis , Alfredo Jiménez
{"title":"Internationalization and escapism: Government support as a pullback force for small and large enterprises","authors":"Ebru Ozturk-Kose ,&nbsp;Dimitrios Tsagdis ,&nbsp;Alfredo Jiménez","doi":"10.1016/j.ibusrev.2025.102416","DOIUrl":"10.1016/j.ibusrev.2025.102416","url":null,"abstract":"<div><div>We examine the effects of the interplay between home institutional constraints and government support policies, on the export intensity of small and large enterprises in emerging and developing economies. We consider three different kinds of government support policies: contracts, subsidies, and credits-and-loans (CSLs). We argue that CSLs can act as pullback forces to the escapist forces that push firms to internationalize. Drawing on Tobit regressions and a sample of 1544 firms in Eastern Europe, the Caucasus, and Central Asia, our findings show that CSLs act as pullback forces, with smaller firms being more susceptible.</div></div>","PeriodicalId":51352,"journal":{"name":"International Business Review","volume":"34 3","pages":"Article 102416"},"PeriodicalIF":5.9,"publicationDate":"2025-02-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143579139","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
Political affinity and opportunism in global supply chain: The mediating role of contractual and relational governance
IF 5.9 1区 管理学
International Business Review Pub Date : 2025-02-11 DOI: 10.1016/j.ibusrev.2025.102415
Zhiwen Fan , Tao Wang , Zhongyi Han , Yu Jia
{"title":"Political affinity and opportunism in global supply chain: The mediating role of contractual and relational governance","authors":"Zhiwen Fan ,&nbsp;Tao Wang ,&nbsp;Zhongyi Han ,&nbsp;Yu Jia","doi":"10.1016/j.ibusrev.2025.102415","DOIUrl":"10.1016/j.ibusrev.2025.102415","url":null,"abstract":"<div><div>The dynamic international relations reflect a world that global supply chains are challenged by the political environment in which they are embedded, especially for emerging market firms (EMFs). Drawing on legitimacy-based view and supply chain management literature, this study investigated how political affinity between home and host country affect the use of governance in deterring opportunism of local distributors in the host market, as well as the moderating role of directionality of institutional distance. Using a survey dataset of 403 Chinese export firms at two time points and two secondary datasets, we find that political affinity increases the opportunistic behavior of local distributors by impeding contractual governance and facilitating relational governance. In addition, the effect of political affinity on governance strategies is conditional on the directionality of institutional distance. That is, negative institutional distance strengthens the impact of political affinity on contractual governance, while the influence of political affinity on relational governance is attenuated in the presence of positive or negative institutional distance. Our findings provide important insights for academic research and managerial practice.</div></div>","PeriodicalId":51352,"journal":{"name":"International Business Review","volume":"34 3","pages":"Article 102415"},"PeriodicalIF":5.9,"publicationDate":"2025-02-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143579140","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
Technology-seeking FDI policy change and local firm innovation
IF 5.9 1区 管理学
International Business Review Pub Date : 2025-02-11 DOI: 10.1016/j.ibusrev.2025.102411
Pei Wang , Ziliang Deng , Zhan Wu , Vikas Kumar
{"title":"Technology-seeking FDI policy change and local firm innovation","authors":"Pei Wang ,&nbsp;Ziliang Deng ,&nbsp;Zhan Wu ,&nbsp;Vikas Kumar","doi":"10.1016/j.ibusrev.2025.102411","DOIUrl":"10.1016/j.ibusrev.2025.102411","url":null,"abstract":"<div><div>Many emerging market governments have increased technological entry thresholds for foreign newcomers to promote technology transfer to local firms. Although such a policy change intensifies the threat from new foreign entrants in the long run, it protects local firms from intensive competition in the short run. Thus, whether local firms in the same industries will respond to such a policy change with more technological efforts remains to be discovered. We hypothesize that local firms in affected industries will refrain from upward momentum in innovation activities to some extent compared with local firms in industries without such a policy change. We also hypothesize that local firms in more robust resource and market positions will be influenced to a lower degree. Difference-in-difference modeling based on large panel datasets in China supports these hypotheses. This study provides novel insights into the international business literature by identifying that foreign-entry policy shifts may cause indirect effects on the innovation of local firms.</div></div>","PeriodicalId":51352,"journal":{"name":"International Business Review","volume":"34 3","pages":"Article 102411"},"PeriodicalIF":5.9,"publicationDate":"2025-02-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143579141","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
Leadership development in the cross-cultural context of China: Who really cares?
IF 5.9 1区 管理学
International Business Review Pub Date : 2025-02-06 DOI: 10.1016/j.ibusrev.2025.102400
Daniel Agerbech Petersen, Keith Goodall
{"title":"Leadership development in the cross-cultural context of China: Who really cares?","authors":"Daniel Agerbech Petersen,&nbsp;Keith Goodall","doi":"10.1016/j.ibusrev.2025.102400","DOIUrl":"10.1016/j.ibusrev.2025.102400","url":null,"abstract":"<div><div>We address the challenges of developing Chinese leaders in multinational companies (MNCs) from the perspective of the leaders themselves. We focus on the consequences of perceptual differences across cultures. Based on interviews with Chinese high-potential managers (HPMs), we find that differing perceptions of care and leadership impact the perceived quality of global talent management (GTM) and work practices. We conclude that from a Chinese perspective western MNCs are relatively effective in human capital and leader development, but weaker in terms of attention to social capital and leader<em>ship</em>. We make recommendations for how Chinese managers in MNCs might be more effectively developed into global leadership roles.</div></div>","PeriodicalId":51352,"journal":{"name":"International Business Review","volume":"34 3","pages":"Article 102400"},"PeriodicalIF":5.9,"publicationDate":"2025-02-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143579129","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Network effects of partial reshoring in the internationalization process 国际化进程中部分转产的网络效应
IF 5.9 1区 管理学
International Business Review Pub Date : 2025-01-27 DOI: 10.1016/j.ibusrev.2025.102401
Daniel Pedroletti
{"title":"Network effects of partial reshoring in the internationalization process","authors":"Daniel Pedroletti","doi":"10.1016/j.ibusrev.2025.102401","DOIUrl":"10.1016/j.ibusrev.2025.102401","url":null,"abstract":"<div><div>A growing number of firms is considering reshoring as an option to cope with the increasingly complex international business environment. However, especially when concerning only part of the activities outsourced to suppliers, reshoring may harm the firm’s business relationships in the host country and restrain access to essential resources and capabilities. This paper examines the impact that reshoring outsourced activities has on the host-country network. Building on a case study and key concepts from the business network view of internationalization, the study reveals concurring but contrasting effects for the reshoring firm: the tangible commitment of the firm and its structural embeddedness in the foreign market diminish, while the intangible commitment and relational embeddedness simultaneously increase. Accordingly, the resulting host-country network counts fewer but deeper relationships. The study advances our knowledge of both internationalization and reshoring. The former is extended by furthering the understanding of the network and nonlinear views of internationalization, while the latter by exposing the multidirectional network effects of partial reshoring and discussing it in relation to recent global disruptions.</div></div>","PeriodicalId":51352,"journal":{"name":"International Business Review","volume":"34 3","pages":"Article 102401"},"PeriodicalIF":5.9,"publicationDate":"2025-01-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143579333","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
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