International Business Review最新文献_第4页

Unpacking global digital competence in the contemporary international venture 剖析当代国际企业的全球数字竞争力

IF 5.9 1区管理学

International Business Review Pub Date : 2025-02-15 DOI: 10.1016/j.ibusrev.2025.102414

Fernanda Cahen , Felipe Borini , Charles Dhanaraj , Rafael Morais

引用次数: 0

Valuing ESG: How financial markets respond to corporate sustainability 重视ESG：金融市场对企业可持续性的反应

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 , Le Anh , 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 国际化与逃避主义：政府的支持是大大小小的企业的后撤力量

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

引用次数: 0

Political affinity and opportunism in global supply chain: The mediating role of contractual and relational governance 全球供应链中的政治亲和与机会主义：契约治理与关系治理的中介作用

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 , Tao Wang , Zhongyi Han , 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 寻求技术的外国直接投资政策变化与当地企业创新

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

引用次数: 0

Returnee entrepreneurs’ international experience: Effects on entrepreneurial orientation and speed of internationalization 海归企业家的国际经验：对创业取向和国际化速度的影响

IF 5.9 1区管理学

International Business Review Pub Date : 2025-02-10 DOI: 10.1016/j.ibusrev.2025.102402

Xinrui Liu , Michael Mayer , Dimo Dimov

{"title":"Returnee entrepreneurs’ international experience: Effects on entrepreneurial orientation and speed of internationalization","authors":"Xinrui Liu , Michael Mayer , Dimo Dimov","doi":"10.1016/j.ibusrev.2025.102402","DOIUrl":"10.1016/j.ibusrev.2025.102402","url":null,"abstract":"<div><div>Despite the importance of returnee entrepreneurs’ prior international experience, its conceptualization and effect on firm outcomes remain unclear. We propose a new framework for understanding prior international experience, consisting of three components: length of time, cultural distance, and cultural specificity, along with their interactions. Our study examines how returnees' international experience impacts firms' entrepreneurial orientation (EO) and speed of internationalization. Using data from 216 Chinese internationalizing SMEs, we find that prior international experience positively influences the speed of internationalization, both directly and indirectly through EO. Cultural distance between the experienced host country and the returnee's home country, and that between the experienced host country and the firm’s internationalizing country, moderate these relationships. The cultural distance to the returnee’s home country seems to be an asset, whereas that to the firm’s internationalizing country seems to be a liability. We discuss theoretical and managerial implications for international experience conceptualization and returnee entrepreneurship.</div></div>","PeriodicalId":51352,"journal":{"name":"International Business Review","volume":"34 4","pages":"Article 102402"},"PeriodicalIF":5.9,"publicationDate":"2025-02-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144239870","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? 中国跨文化背景下的领导力发展：谁真正关心？

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

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

Pursuing headquarters’ attention: Foreign subsidiaries’ strategic issue selling 追求总部的关注：海外子公司的战略发行

IF 5.9 1区管理学

International Business Review Pub Date : 2025-01-25 DOI: 10.1016/j.ibusrev.2025.102396

Renato Souza-Santos , Jorge Carneiro , Ulf Andersson

{"title":"Pursuing headquarters’ attention: Foreign subsidiaries’ strategic issue selling","authors":"Renato Souza-Santos , Jorge Carneiro , Ulf Andersson","doi":"10.1016/j.ibusrev.2025.102396","DOIUrl":"10.1016/j.ibusrev.2025.102396","url":null,"abstract":"<div><div>Foreign subsidiaries seek to gain attention from headquarters, often through strategic issue selling. It is therefore paramount to understand how the packaging of the issue and the process of issue selling affect headquarters’ attention. Cultural distance can influence the effectiveness of issue selling tactics. A study of 342 foreign subsidiaries reveals that when cultural distance is high, emphasizing corporate benefits becomes less effective, possibly due to headquarters' mistrust or misunderstanding. Interestingly, consistency with headquarters' practices matters less in culturally distant cases, offering opportunities for subsidiaries to propose more novel ideas. Joining efforts with other subsidiaries seems to pay off in low cultural distance situations but can backfire when distance is high, as headquarters may fear insurrection. Cultivating social relations with headquarters' executives is crucial for capturing attention, especially in high cultural distance scenarios, as they help bridge trust and compensate for communication gaps. Our sample, obtained from an online survey, contains 342 cases that comprise a broad coverage of 46 different subsidiaries’ countries and 26 different headquarters’ countries.</div></div>","PeriodicalId":51352,"journal":{"name":"International Business Review","volume":"34 3","pages":"Article 102396"},"PeriodicalIF":5.9,"publicationDate":"2025-01-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143579138","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

Don’t stop believing: The manifestations of coopetition in export markets 不要停止相信：出口市场合作的表现

IF 5.9 1区管理学

International Business Review Pub Date : 2025-01-22 DOI: 10.1016/j.ibusrev.2025.102397

James M. Crick , David Crick

{"title":"Don’t stop believing: The manifestations of coopetition in export markets","authors":"James M. Crick , David Crick","doi":"10.1016/j.ibusrev.2025.102397","DOIUrl":"10.1016/j.ibusrev.2025.102397","url":null,"abstract":"<div><div>Although a coopetition-oriented mind-set (belief about the importance of cooperating with competitors) is likely to drive coopetition strategies, the nuances of this relationship remain under-researched. Furthermore, coopetition has typically been investigated in domestic settings, rather than in export markets, where different opportunities and challenges are likely to exist. Thus, underpinned by resource-based theory, and focusing on smaller-sized companies, this study examines the association between an export coopetition-oriented mind-set and export coopetition strategies under key moderating effects. Survey responses were collected from 107 small wine producers in South Africa (passing all major robustness checks). As hypothesized, the results showed that an export coopetition-oriented mind-set drives export coopetition strategies. However, surprisingly, this link was positively moderated by export competitive aggressiveness, but was not significantly impacted by export competitive intensity. Consequently, unique insights emerge for academics and practitioners regarding what factors help or hinder the facilitation of coopetition activities in export markets.</div></div>","PeriodicalId":51352,"journal":{"name":"International Business Review","volume":"34 3","pages":"Article 102397"},"PeriodicalIF":5.9,"publicationDate":"2025-01-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143579125","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