Journal of World Business最新文献

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Abandonment of cross-border acquisitions: The role of target country context
IF 8.9 1区 管理学
Journal of World Business Pub Date : 2025-03-11 DOI: 10.1016/j.jwb.2025.101638
Martina Musteen , Xialu Liu , Dwarka Chakravarty
{"title":"Abandonment of cross-border acquisitions: The role of target country context","authors":"Martina Musteen ,&nbsp;Xialu Liu ,&nbsp;Dwarka Chakravarty","doi":"10.1016/j.jwb.2025.101638","DOIUrl":"10.1016/j.jwb.2025.101638","url":null,"abstract":"<div><div>Drawing primarily upon institutional theory, we examine the impact of the target country context on the abandonment of cross-border acquisitions (CBAs). We focus on four inter-related but distinct dimensions of target country context – the quality of formal institutions reflected in the regulatory ease of doing business, the quality of informal institutions assessed as the level of corruption, the city location of the acquisition target (i.e. whether the acquisition target is located in a global city vs. elsewhere), and the overall level of country economic development (i.e., advanced vs. emerging). Based on this framework, we argue that while business-friendly formal institutions in the target country generally reduce the likelihood of CBA abandonment, the quality of informal institutions has a non-linear effect on CBA abandonment, and the location of the acquisition target in a global city reduces the likelihood of CBA abandonment. We also posit that these relationships are moderated by the target country's level of economic development. We test these predictions using a large sample of 1,459 CBAs in 70 target countries and find empirical support for most of our hypotheses.</div></div>","PeriodicalId":51357,"journal":{"name":"Journal of World Business","volume":"60 4","pages":"Article 101638"},"PeriodicalIF":8.9,"publicationDate":"2025-03-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143593412","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
Cluster Internationalization to Tax Havens by Multinational Enterprises: An Exploration of Imitative Behaviour
IF 8.9 1区 管理学
Journal of World Business Pub Date : 2025-02-27 DOI: 10.1016/j.jwb.2025.101630
Ha-Phuong Luong , Chris Jones , Yama Temouri
{"title":"Cluster Internationalization to Tax Havens by Multinational Enterprises: An Exploration of Imitative Behaviour","authors":"Ha-Phuong Luong ,&nbsp;Chris Jones ,&nbsp;Yama Temouri","doi":"10.1016/j.jwb.2025.101630","DOIUrl":"10.1016/j.jwb.2025.101630","url":null,"abstract":"<div><div>This paper explores the factors that influence the internationalization of multinational enterprises (MNEs) from clusters, with a particular focus on the use of tax havens. <em>Institutional Theory</em> is used as our theoretical framework, with mimetic isomorphism highlighted as a primary mechanism connecting cluster characteristics to MNE internationalization. By analyzing firm-level data for the UK and Germany from 2008-2019, we show that institutional features within clusters—such as imitation, the co-location of professional services, and industrial concentration—facilitate this form of internationalization. Furthermore, the findings improve research on cluster internationalization, indicating that the imitation effect is amplified by firm leadership and experience.</div></div>","PeriodicalId":51357,"journal":{"name":"Journal of World Business","volume":"60 4","pages":"Article 101630"},"PeriodicalIF":8.9,"publicationDate":"2025-02-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143509282","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
Serving national security? MNE responses in economic war
IF 8.9 1区 管理学
Journal of World Business Pub Date : 2025-02-26 DOI: 10.1016/j.jwb.2025.101628
Michael A. Witt , Luciano Ciravegna
{"title":"Serving national security? MNE responses in economic war","authors":"Michael A. Witt ,&nbsp;Luciano Ciravegna","doi":"10.1016/j.jwb.2025.101628","DOIUrl":"10.1016/j.jwb.2025.101628","url":null,"abstract":"<div><div>We argue that national security concerns can be an important driver of market exit decisions of MNEs. Drawing on institutional theory and using fuzzy-set qualitative comparative analysis (fsQCA) on a sample of 196 MNEs from 26 home countries, we find that two factors expressing pressure arising from national security concerns combined with three organizational boundary conditions account for 88 % of exit decisions of MNEs from the Russian market following the start of the Ukraine War. We extend theory by establishing national security as a source of legitimacy pressure affecting MNE strategic choices and by elaborating contingencies under which national security pressures are sufficient for market exit, at least in the context of economic war. Our findings may further be relevant to the sanctions literature in international business by indicating that the impact of sanctions is contingent on organizational-level conditions.</div></div>","PeriodicalId":51357,"journal":{"name":"Journal of World Business","volume":"60 3","pages":"Article 101628"},"PeriodicalIF":8.9,"publicationDate":"2025-02-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143488245","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
Exploring Corporate Philanthropy, Home Country Foreign Aid, and Country of Origin-Based Stigma for Multinational Enterprises: An Experimental Study
IF 8.9 1区 管理学
Journal of World Business Pub Date : 2025-02-08 DOI: 10.1016/j.jwb.2025.101623
Yuehua Xu , Jiatao Li , Yimin Wang , Li Xin , Haichuan Zhao
{"title":"Exploring Corporate Philanthropy, Home Country Foreign Aid, and Country of Origin-Based Stigma for Multinational Enterprises: An Experimental Study","authors":"Yuehua Xu ,&nbsp;Jiatao Li ,&nbsp;Yimin Wang ,&nbsp;Li Xin ,&nbsp;Haichuan Zhao","doi":"10.1016/j.jwb.2025.101623","DOIUrl":"10.1016/j.jwb.2025.101623","url":null,"abstract":"<div><div>This study aims to advance the understanding of the effectiveness of strategies addressing the country of origin (COO)-based stigma of a multinational enterprise (MNE), a persistent form of liability of the COO. On the basis of integrated insights from research on stigma by association and identity salience, we propose that when an MNE's home country is implicated in a negative global event, similar strategies at different levels (corporate philanthropy and foreign aid) would differentially affect its COO-based stigma resulting from its association with its home country. The results of scenario-based experimental analyses indicate that while MNEs’ philanthropic efforts reduce stigma, aid from their home country increases stigma among host country consumers.</div></div>","PeriodicalId":51357,"journal":{"name":"Journal of World Business","volume":"60 3","pages":"Article 101623"},"PeriodicalIF":8.9,"publicationDate":"2025-02-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143372169","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
Quantification of cultural practices and diversity: An empirical experiment with generative artificial intelligence
IF 8.9 1区 管理学
Journal of World Business Pub Date : 2025-02-07 DOI: 10.1016/j.jwb.2025.101622
Wolfgang Messner
{"title":"Quantification of cultural practices and diversity: An empirical experiment with generative artificial intelligence","authors":"Wolfgang Messner","doi":"10.1016/j.jwb.2025.101622","DOIUrl":"10.1016/j.jwb.2025.101622","url":null,"abstract":"<div><div>Culture is often viewed as a value system that shapes cultural practices. Frameworks like Hofstede, GLOBE, and Schwartz identify and quantify various cultural dimensions; however, these rely on surveys that are criticized for limited country coverage, lack of psychometric robustness, small sample sizes, and cultural biases. This article presents an empirical experiment designed to quantify cultural practices and diversity across 216 countries and territories by prompting large language models using a zero-shot learning strategy. This approach enables subnational and segment-specific analyses, equipping researchers with powerful tools for deeper cultural insights.</div></div>","PeriodicalId":51357,"journal":{"name":"Journal of World Business","volume":"60 3","pages":"Article 101622"},"PeriodicalIF":8.9,"publicationDate":"2025-02-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143348426","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
Negative performance feedback, CEO power and internationalization 负面绩效反馈、首席执行官权力和国际化
IF 8.9 1区 管理学
Journal of World Business Pub Date : 2025-02-06 DOI: 10.1016/j.jwb.2025.101626
Tao Bai , Abby Jingzi Zhou , Steven Shijin Zhou , Peter Liesch
{"title":"Negative performance feedback, CEO power and internationalization","authors":"Tao Bai ,&nbsp;Abby Jingzi Zhou ,&nbsp;Steven Shijin Zhou ,&nbsp;Peter Liesch","doi":"10.1016/j.jwb.2025.101626","DOIUrl":"10.1016/j.jwb.2025.101626","url":null,"abstract":"<div><div>We examine the critical role of CEO power in influencing the firm's internationalization in response to negative performance feedback. Firms with CEOs who possess strong ownership and expert power may adopt a self-enhancement approach avoiding strategic changes within the firm such as pursuing internationalization to address a performance shortfall. In contrast, those with CEOs who wield significant structural and prestige power may adopt a problem-solving approach using internationalization as a solution. Positive performance prospects, as identified by business analysts, intensify these patterns. Data from 462 newly listed public companies in China from 2009 to 2020 support our hypotheses. We conclude that firms may internationalize to address domestic performance shortfalls rather than to exploit advantages in overseas markets.</div></div>","PeriodicalId":51357,"journal":{"name":"Journal of World Business","volume":"60 3","pages":"Article 101626"},"PeriodicalIF":8.9,"publicationDate":"2025-02-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143519409","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
Inconsistent performance feedback and firm internationalization: Can CEOs remove the haze? 不一致的绩效反馈与企业国际化:首席执行官能否消除阴霾?
IF 8.9 1区 管理学
Journal of World Business Pub Date : 2025-02-05 DOI: 10.1016/j.jwb.2025.101625
Anita Kerai , Nycil George
{"title":"Inconsistent performance feedback and firm internationalization: Can CEOs remove the haze?","authors":"Anita Kerai ,&nbsp;Nycil George","doi":"10.1016/j.jwb.2025.101625","DOIUrl":"10.1016/j.jwb.2025.101625","url":null,"abstract":"<div><div>In this paper, we investigate how CEO power moderates the relationship between inconsistent performance feedback and family firm internationalization. We argue that when faced with such ambiguity, internationalization is contingent on the CEOs’ ability derived from their sources of power. We test our hypotheses using a sample of Indian family firms from 2008 to 2015. We find that powerful CEOs choose self-enhancement over problemistic search and are less likely to pursue firm internationalization. Our results also show that when CEOs draw power from formal sources, they are more prone to cognitive biases and, thus, more likely to adopt self-enhancement.</div></div>","PeriodicalId":51357,"journal":{"name":"Journal of World Business","volume":"60 3","pages":"Article 101625"},"PeriodicalIF":8.9,"publicationDate":"2025-02-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143519408","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
Strategic vulnerabilities of emerging market MNCs – How litigation experiences in weak patent systems increase the risks of patent litigation abroad
IF 8.9 1区 管理学
Journal of World Business Pub Date : 2025-02-04 DOI: 10.1016/j.jwb.2025.101624
Wolfgang Sofka , Nikolaos Papageorgiadis , Sreevas Sahasranamam , K.V. Mukundhan
{"title":"Strategic vulnerabilities of emerging market MNCs – How litigation experiences in weak patent systems increase the risks of patent litigation abroad","authors":"Wolfgang Sofka ,&nbsp;Nikolaos Papageorgiadis ,&nbsp;Sreevas Sahasranamam ,&nbsp;K.V. Mukundhan","doi":"10.1016/j.jwb.2025.101624","DOIUrl":"10.1016/j.jwb.2025.101624","url":null,"abstract":"<div><div>Threats from patent litigations are a major roadblock for the internationalization strategies of MNCs from emerging markets (EMNCs). While existing theory focuses on weak patent systems in emerging economies as an obstacle for multinational corporations from developed economies, we conceptualize them as experiential learning contexts that shape the patent litigation routines of local firms. We reason that the depth of organizational learning from patent litigation experiences as defendants in weak, domestic patent systems is counterproductive for EMNCs. Such experiences lead to the development of patent litigation routines that are ill-suited for operating in countries with strong patent systems, thereby exposing EMNCs to costly patent litigations. We find empirical support by analyzing 2,273 Indian firms between 2007 and 2017. Learning from operating in many countries with strong patent systems and experience with international, as opposed to national, patent filings create boundary conditions.</div></div>","PeriodicalId":51357,"journal":{"name":"Journal of World Business","volume":"60 3","pages":"Article 101624"},"PeriodicalIF":8.9,"publicationDate":"2025-02-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143519410","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
Leveraging Multisectoral Expertise and International Knowledge: Business Group Influence on Overseas Subsidiary Formation 利用多部门专长和国际知识:企业集团对海外子公司形成的影响
IF 8.9 1区 管理学
Journal of World Business Pub Date : 2025-02-03 DOI: 10.1016/j.jwb.2025.101627
Anish Purkayastha , Andrew Delios , Vikas Kumar
{"title":"Leveraging Multisectoral Expertise and International Knowledge: Business Group Influence on Overseas Subsidiary Formation","authors":"Anish Purkayastha ,&nbsp;Andrew Delios ,&nbsp;Vikas Kumar","doi":"10.1016/j.jwb.2025.101627","DOIUrl":"10.1016/j.jwb.2025.101627","url":null,"abstract":"<div><div>We build on the Linkage, Leverage, and Learning (LLL) framework to develop theory on how business group (BG) affiliation enables knowledge sharing and resource leveraging across affiliates to facilitate global expansion via overseas subsidiary formation. We use a sample of 3,204 Indian BG affiliates from 2006 to 2014 modeled with zero-inflated negative binomial regression to examine this relationship between multisectoral expertise, the international knowledge of a BG and overseas subsidiary formation. Our results show that the positive influence of BG-level multisectoral expertise on overseas subsidiary formation is amplified by a BG's level of international knowledge as derived from its affiliates' export activities. Our findings highlight the importance of intra-group dynamics and BG heterogeneity in affiliate internationalization. We hence challenge the view of BGs existing and operating as homogeneous entities, where this across BG heterogeneity comes from the variable types and depths of exposure that a BG's affiliates have in international markets.</div></div>","PeriodicalId":51357,"journal":{"name":"Journal of World Business","volume":"60 3","pages":"Article 101627"},"PeriodicalIF":8.9,"publicationDate":"2025-02-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143519411","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
Overcoming legitimacy challenges of novel HRM practices during internationalization: The case of two food-delivery platforms 克服国际化过程中新型人力资源管理实践的合法性挑战:以两个送餐平台为例
IF 8.9 1区 管理学
Journal of World Business Pub Date : 2025-02-01 DOI: 10.1016/j.jwb.2024.101611
Alex Veen , Jeroen Meijerink , Tom Barratt , Anne Keegan , Caleb Goods
{"title":"Overcoming legitimacy challenges of novel HRM practices during internationalization: The case of two food-delivery platforms","authors":"Alex Veen ,&nbsp;Jeroen Meijerink ,&nbsp;Tom Barratt ,&nbsp;Anne Keegan ,&nbsp;Caleb Goods","doi":"10.1016/j.jwb.2024.101611","DOIUrl":"10.1016/j.jwb.2024.101611","url":null,"abstract":"<div><div>Food-delivery platforms seemingly confound the organizational logic that firms, upon internationalization, must gain legitimacy. We contribute to the literature on HRM in multinational enterprises by studying how Deliveroo and Uber Eats expanded into Australia and the Netherlands. Using an organizational legitimacy lens, we trace how these platforms navigate the legitimacy challenges arising from their business models based on ‘HRM without employment’. Our longitudinal time-sensitive qualitative case study design reveals how the platforms dynamically reconfigure their HRM activities and shadowbox with regulators. Rather than pursuing outright legitimacy, they seek to ‘buy time’, to establish local footprints, and, where possible, institutionally innovate.</div></div>","PeriodicalId":51357,"journal":{"name":"Journal of World Business","volume":"60 2","pages":"Article 101611"},"PeriodicalIF":8.9,"publicationDate":"2025-02-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142889273","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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