{"title":"How trade sanctions impact MNE subsidiaries in Russia: Responses to legitimacy concerns and performance","authors":"Sihong Wu, Snejina Michailova","doi":"10.1016/j.jwb.2025.101664","DOIUrl":"10.1016/j.jwb.2025.101664","url":null,"abstract":"<div><div>How do MNE subsidiaries respond and perform after their home country imposes trade sanctions on the host country? To answer this research question, we apply a legitimacy lens, focus on Russia, and test four hypotheses using a dataset (1994–2022) that includes country, firm, and media data. Based on a sample of 676 MNE subsidiaries from 41 countries and text analysis of over 13,000 announcements, we find that sanctions increase subsidiaries’ stakeholder-oriented responses and negatively affect their performance. Subsidiaries with greater local experience are less likely to respond immediately, resulting in more severe performance declines compared to new entrants. Our analysis of news outlet posts further shows that negative public sentiment toward the sanctioning host country intensifies pressure on subsidiaries to respond. These findings enrich the international business literature on sanctions and contribute to ongoing scholarly discussions about the relationship between sanctions, legitimacy, and performance.</div></div>","PeriodicalId":51357,"journal":{"name":"Journal of World Business","volume":"60 5","pages":"Article 101664"},"PeriodicalIF":8.9,"publicationDate":"2025-07-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144713648","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}
{"title":"Unveiling signaling processes in early-stage cross-border investment: Evidence from South African entrepreneurs and European business angels","authors":"Sönke Mestwerdt , Matthias Mrożewski , Alisa Sydow , Nathalie Burkert","doi":"10.1016/j.jwb.2025.101662","DOIUrl":"10.1016/j.jwb.2025.101662","url":null,"abstract":"<div><div>The ever-increasing internationalization and global interconnectedness of entrepreneurship are attracting considerable scholarly attention. In particular, the understanding of the internationalization of early-stage financing, such as business angel investment in cross-border contexts, is gaining relevance. Here, however, the informal nature, the newness of the ventures, and the cross-border environment lead to severe information asymmetries, which make the initiation of collaboration particularly complex. To provide an understanding of this phenomenon, in our qualitative study, we look at how signaling as a potential solution to information asymmetry unfolds in the context of early-stage cross-border collaboration between South African founders and European business angels. Based on our findings, we propose a model that uncovers the underlying cognitive mechanisms through which the early-stage cross-border context influences signaling processes. Moreover, we identify three potential outcomes of these interpretive processes: <em>signal appreciation, signal depreciation,</em> and <em>signal flip,</em> and suggest two potential strategies to mitigate the effects of cognitively biased signal interpretation. We contribute to the broader signaling literature and signaling in international entrepreneurship literature.</div></div>","PeriodicalId":51357,"journal":{"name":"Journal of World Business","volume":"60 5","pages":"Article 101662"},"PeriodicalIF":8.9,"publicationDate":"2025-07-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144695370","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}
{"title":"Leveraging demand-side strategies on the digital platform for global success: The role of innovation speed in non-digital participant firms' internationalization","authors":"Yihui Liu , Yi Li , Aiqi Wu , Vikas Kumar","doi":"10.1016/j.jwb.2025.101661","DOIUrl":"10.1016/j.jwb.2025.101661","url":null,"abstract":"<div><div>While the impact of digital platforms on firms’ international performance has become a topic of interest in the international business literature, few studies examine the mechanisms underlying this effect. We draw upon the demand-side perspective to investigate how non-digital participant firms’ demand-side strategies on the digital platform facilitate their international performance, using firms’ innovation speed as a mediator. Utilizing a sample of 3816 Chinese manufacturing firms participating in platforms to internationalize, we find that demand-driven interaction, one demand-side strategy on the digital platform, fosters international performance improvements for non-digital participant firms through facilitating innovation speed; and the benefits of demand-driven interaction in driving innovation speed are more pronounced when firms belong to industries in which there are fewer foreign firms in the home country. Our study adds to current understanding of international business on digital platforms, as well as contributing to studies that apply a demand-side perspective in international business research.</div></div>","PeriodicalId":51357,"journal":{"name":"Journal of World Business","volume":"60 5","pages":"Article 101661"},"PeriodicalIF":8.9,"publicationDate":"2025-07-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144570571","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}
Jongsoo Kim , Yeongsu Anthony Kim , Li-Qun Wei , Gaoguang Zhou
{"title":"Female entrepreneurs and international entry mode choice: Evidence from entrepreneurial firms in China","authors":"Jongsoo Kim , Yeongsu Anthony Kim , Li-Qun Wei , Gaoguang Zhou","doi":"10.1016/j.jwb.2025.101650","DOIUrl":"10.1016/j.jwb.2025.101650","url":null,"abstract":"<div><div>Female entrepreneurs in emerging economies encounter various obstacles in pursuing global expansion; thus, research on how to overcome these difficulties and achieve successful internationalization is needed. This study examines the impacts of two factors, namely political affiliation and family involvement in entrepreneurial firms, on female entrepreneurs’ choice of foreign market entry mode. By analyzing comprehensive survey data from the venture firms in China, we uncover the relationships between these factors and the inclination to select higher commitment entry modes. Our findings reveal that female entrepreneurs with a higher level of political affiliation are likely to opt for a higher commitment foreign market entry mode. Likewise, those with greater family involvement demonstrate a preference for higher commitment entry modes. Furthermore, our study reveals the complex interplay between the resources and financial constraints. Political affiliations complement financial resources, increasing the likelihood of higher commitment entries. In contrast, family involvement acts as a substitute when financial resources are limited. This study sheds light on the diverse resources that female entrepreneurs rely on and how these resources, either independently or interactively, influence these entrepreneurs’ international entry mode choices. These findings contribute to a deeper understanding of the unique challenges and internationalization of female entrepreneurship in emerging economies.</div></div>","PeriodicalId":51357,"journal":{"name":"Journal of World Business","volume":"60 5","pages":"Article 101650"},"PeriodicalIF":8.9,"publicationDate":"2025-05-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144185084","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}
{"title":"Foreign small- and medium-sized enterprises and regional institutions","authors":"Chau M. Chu , Bach Nguyen","doi":"10.1016/j.jwb.2025.101649","DOIUrl":"10.1016/j.jwb.2025.101649","url":null,"abstract":"<div><div>This study centers upon Vietnam's Law on Investment 2014—a place-based policy that offers investment incentives for foreign firms located in disadvantaged areas. Using the difference-in-differences method for 46,211 firm-year observations 2006–2021, we find that the policy increased the revenue growth of foreign SMEs located in such areas by 17 % more than that of comparable firms located outside. The positive impact is strengthened in regions with stronger governance institutions, namely more efficient business-support services and lower policy bias. Moreover, the impact of the place-based policy combined with business support (policy bias) is stronger in southern (northern) regions embedded in pro-capitalist (pro-socialist) values.</div></div>","PeriodicalId":51357,"journal":{"name":"Journal of World Business","volume":"60 5","pages":"Article 101649"},"PeriodicalIF":8.9,"publicationDate":"2025-05-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144147948","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}
Jiatao Li , Ankit Surana , Meena Chavan , Liena Kano , Andreas Schotter , Francesco Chirico
{"title":"The internationalization of digital platform-based firms: A systematic literature review and directions for future research","authors":"Jiatao Li , Ankit Surana , Meena Chavan , Liena Kano , Andreas Schotter , Francesco Chirico","doi":"10.1016/j.jwb.2025.101629","DOIUrl":"10.1016/j.jwb.2025.101629","url":null,"abstract":"<div><div>The recent acceleration in the international expansion of digital platform-based firms (DPFs) is changing the global business landscape. A limited but growing number of studies have begun exploring the nuances of DPFs and their unique internationalization processes. However, looking across research domains, the body of literature is substantial, albeit fragmented. With this paper, we provide a systematic review of the literature on the internationalization of DPFs with an emphasis on understanding their characteristics, internationalization patterns and typologies. We aim to provide a deeper understanding of the internationalization of DPFs and the distinct factors that influence this process. We believe that such a timely, comprehensive review will help international business and management scholars chart a clear path for future research. In addition to integrating existing literature, we highlight key gaps and inconsistencies in current knowledge and propose future research paths particularly informed by the distinct typologies of DPFs that have emerged from our analysis.</div></div>","PeriodicalId":51357,"journal":{"name":"Journal of World Business","volume":"60 4","pages":"Article 101629"},"PeriodicalIF":8.9,"publicationDate":"2025-05-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143918495","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}
Dan Prud’homme , Nianchen Han , David McCourt , Aya Chacar
{"title":"Divorce or temporary separation? Lessons from the US’s history of decoupling with China and other nations","authors":"Dan Prud’homme , Nianchen Han , David McCourt , Aya Chacar","doi":"10.1016/j.jwb.2025.101648","DOIUrl":"10.1016/j.jwb.2025.101648","url":null,"abstract":"<div><div>Binational decoupling—especially between the United States and China—has received growing attention, with most research focused on its current drivers. We instead draw on history to explain why decoupling occurs, showing it is not unprecedented. The US has previously severed ties with Britain, Germany, Japan, the USSR/Russia, and earlier Chinese regimes. Through a comparative historical analysis grounded in a model of political-economic complementarities, we argue that current complementarities deter decoupling, while historical ones create path dependencies that enable future recoupling—even after war. Our findings suggest decoupling is not necessarily permanent and may give way to renewed coupling under favorable conditions.</div></div>","PeriodicalId":51357,"journal":{"name":"Journal of World Business","volume":"60 5","pages":"Article 101648"},"PeriodicalIF":8.9,"publicationDate":"2025-04-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143888209","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}
{"title":"Towards a dynamic theory of lateral collaboration across multinational enterprise structures: A collection of insights","authors":"Andreas P.J. Schotter , Martha Maznevski , Guenter Stahl , Yves Doz","doi":"10.1016/j.jwb.2025.101647","DOIUrl":"10.1016/j.jwb.2025.101647","url":null,"abstract":"<div><div>Achieving lateral collaboration benefits across multinational enterprise structures is elusive. Especially amid increasing international environmental complexities, prior research suggests that less hierarchical and more agile global collaboration arrangements are critical for organizational success. Drawing on extant work and six essays in this collection of recently published papers, we advance theory by explaining the relationships between socio-structural mechanisms, social systems, and individual actors, including boundary spanners. These relationships collectively drive commitments to lateral interdependence across intra-organizational boundaries. We offer an integrative model and guidance for future research in identifying the reciprocal relationships between influences to advance scholarly understanding of lateral collaboration.</div></div>","PeriodicalId":51357,"journal":{"name":"Journal of World Business","volume":"60 4","pages":"Article 101647"},"PeriodicalIF":8.9,"publicationDate":"2025-04-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143820231","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}
{"title":"Perspective: Imputing missing values in IB research using endpoint-heterogeneous beta regression models: An application to Hofstede's LTO measures","authors":"Eugene D. Hahn , Jonathan P. Doh","doi":"10.1016/j.jwb.2025.101644","DOIUrl":"10.1016/j.jwb.2025.101644","url":null,"abstract":"<div><div>Addressing missing values in empirical research is a longstanding issue and challenge for scholars in all disciplines. In International Business, the challenge has typically been met with an array of strategies, ranging from listwise deletion to more sophisticated approaches, including regression-based imputation. Current models for addressing missing values where data is bounded have several limitations. We present a new model for imputing values for bounded data via endpoint-heterogeneous beta regression. We use this approach to generate imputed values for additional countries in Hofstede's long-term orientation (LTO) scale. LTO was the first widely used scale to be based on a non-Western value system, however, Hofstede was not able to collect LTO data for some countries that were part of his original survey and therefore the LTO measure has numerous missing values. Our paper introduces a novel approach to addressing missing values in LTO and provides a template for scholars facing similar challenges in a wide range of IB and other domains.</div></div>","PeriodicalId":51357,"journal":{"name":"Journal of World Business","volume":"60 4","pages":"Article 101644"},"PeriodicalIF":8.9,"publicationDate":"2025-04-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143791986","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}
Chinmay Pattnaik, Madhumita Nanda, Qiang (Steven) Lu
{"title":"Gender and ethnic diversity and international success of Hollywood movies","authors":"Chinmay Pattnaik, Madhumita Nanda, Qiang (Steven) Lu","doi":"10.1016/j.jwb.2025.101646","DOIUrl":"10.1016/j.jwb.2025.101646","url":null,"abstract":"<div><div>Does greater social inclusion and diversity lead to better commercial outcomes in cultural industries? We explore this research question in the context of Hollywood by examining how gender representation and ethnic diversity in movie casts influence international box office success. Our findings, based on data from 2000 to 2021 for >3000 Hollywood movies, suggest that gender diversity positively impacts international box office performance, whereas ethnic diversity has a negative effect. However, these relationships are contingent on movie genre (culture-neutral versus culture-sensitive) and international coproduction of movies. A culturally neutral genre with universal appeal weakens both the positive impact of gender diversity and the negative impact of ethnic diversity on international box office performance. In contrast, international co-production of movies strengthens the positive impact of gender diversity and the negative impact of ethnic diversity on international box office performance. Our study contributes to the growing international business (IB) literature by shedding light on how diversity influences internationalization and commercial success in global cultural industries.</div></div>","PeriodicalId":51357,"journal":{"name":"Journal of World Business","volume":"60 4","pages":"Article 101646"},"PeriodicalIF":8.9,"publicationDate":"2025-04-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143768272","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}