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The impact of board of directors’ characteristics on the internationalization of family SMEs 董事会特征对家族式中小企业国际化的影响
IF 8.9 1区 管理学
Journal of World Business Pub Date : 2023-02-01 DOI: 10.1016/j.jwb.2022.101412
Claudia Pongelli , Antonio Majocchi , Jonathan Bauweraerts , Salvatore Sciascia , Matteo Caroli , Alain Verbeke
{"title":"The impact of board of directors’ characteristics on the internationalization of family SMEs","authors":"Claudia Pongelli ,&nbsp;Antonio Majocchi ,&nbsp;Jonathan Bauweraerts ,&nbsp;Salvatore Sciascia ,&nbsp;Matteo Caroli ,&nbsp;Alain Verbeke","doi":"10.1016/j.jwb.2022.101412","DOIUrl":"10.1016/j.jwb.2022.101412","url":null,"abstract":"<div><p><span>Family small and medium-sized enterprises (SMEs) face both general bounded rationality challenges and a unique expression of bounded rationality in their internationalization<span> process: the bifurcation bias, a concept aligned with modern transaction cost theory (TCT). We argue that efficient governance in family SMEs, and especially features of the Board of Directors’ composition, can help alleviate bounded rationality. Complementing TCT with upper echelons theory (UET), we investigate which Board characteristics in family SMEs contribute to efficient governance and the ensuing strategy decisions. We focus specifically on strategy decisions in the internationalization sphere. Our empirical analysis of survey data from 328 Belgian family SMEs, operating out of a </span></span>small open economy, reveals that family SMEs internationalize more if their Boards are ‘open’, ‘inclusive’, ‘experienced’ and ‘active’. These Board characteristics, all reflective of efficient governance, i.e., providing the Board with the capacity to alleviate bounded rationality constraints, positively contribute to internationalization, especially (and perhaps paradoxically) when the family SME is managed by a CEO who is also a family member.</p></div>","PeriodicalId":51357,"journal":{"name":"Journal of World Business","volume":"58 2","pages":"Article 101412"},"PeriodicalIF":8.9,"publicationDate":"2023-02-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47010133","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: 6
What's in a word? Adopting a linguistic-style analysis of western MNCs’ global press releases 一句话是什么？西方跨国公司全球新闻稿的语言风格分析
IF 8.9 1区 管理学
Journal of World Business Pub Date : 2023-02-01 DOI: 10.1016/j.jwb.2022.101414
Michael Antioco , Kristof Coussement , Chavi Chi-Yun Fletcher-Chen , Christiane Prange
{"title":"What's in a word? Adopting a linguistic-style analysis of western MNCs’ global press releases","authors":"Michael Antioco ,&nbsp;Kristof Coussement ,&nbsp;Chavi Chi-Yun Fletcher-Chen ,&nbsp;Christiane Prange","doi":"10.1016/j.jwb.2022.101414","DOIUrl":"10.1016/j.jwb.2022.101414","url":null,"abstract":"<div><p>We advance research on the impact of business English as a lingua franca (BELF) on the communication of multinational companies (MNCs). Study 1 helps predict country-level variations of linguistic style in the English language of 2,223 press releases from US, UK, German, and French companies. Press releases are a specific genre of narratives used to engage investors. Study 2 demonstrates in a controlled quasi-experimental setting that adapting linguistic styles alongside well-established frameworks of cultural values can shape investors’ attitudes and intentions. Within-language linguistic style differences in the use of BELF can create barriers to communication fairly overlooked in International Business.</p></div>","PeriodicalId":51357,"journal":{"name":"Journal of World Business","volume":"58 2","pages":"Article 101414"},"PeriodicalIF":8.9,"publicationDate":"2023-02-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45190882","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: 3
Rethinking corruption in international business: An empirical review 重新思考国际商业中的腐败:一个实证回顾
IF 8.9 1区 管理学
Journal of World Business Pub Date : 2023-02-01 DOI: 10.1016/j.jwb.2022.101410
Tao Wu , Andrew Delios , Zhaowei Chen , Xin Wang
{"title":"Rethinking corruption in international business: An empirical review","authors":"Tao Wu ,&nbsp;Andrew Delios ,&nbsp;Zhaowei Chen ,&nbsp;Xin Wang","doi":"10.1016/j.jwb.2022.101410","DOIUrl":"10.1016/j.jwb.2022.101410","url":null,"abstract":"<div><p>A reliable understanding of corruption in IB has prescriptive implications for MNEs’ strategies to manage it. We propose three means by which research on corruption can improve its reliability: (i) develop theorizing and empirical modelling on mechanisms at the firm level; (ii) develop conceptual and empirical clarity and alignment on the distinct nature of corruption being investigated (i.e., scale versus predictability); (iii) develop acute measures of the types of corruption that an MNE's experience can seek to manage. Given this broad research setting, we revisit four published empirical studies on corruption and take a diagnostic approach by looking at the concepts and empirical analysis involved in this research. The four studies are Habib &amp; Zurawicki (2002), Cuervo-Cazurra &amp; Genc (2008), Sartor &amp; Beamish (2018), and Qi &amp; Nguyen (2021). By systematically replicating their findings in three ways, we conclude that theorizing on corruption at the country level is the most effective for making core conjectures about corruption's effects on overall measures of economic activity; however, understanding of the different dimensions of corruption alongside how experience leads to effective management requires greater theoretical and empirical precision and substantiation.</p></div>","PeriodicalId":51357,"journal":{"name":"Journal of World Business","volume":"58 2","pages":"Article 101410"},"PeriodicalIF":8.9,"publicationDate":"2023-02-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48979991","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: 2
How much does host country matter, really? 东道国到底有多重要？
IF 8.9 1区 管理学
Journal of World Business Pub Date : 2023-02-01 DOI: 10.1016/j.jwb.2022.101413
Daniel S. Andrews, Klaus E. Meyer
{"title":"How much does host country matter, really?","authors":"Daniel S. Andrews,&nbsp;Klaus E. Meyer","doi":"10.1016/j.jwb.2022.101413","DOIUrl":"10.1016/j.jwb.2022.101413","url":null,"abstract":"<div><p>How much does the host country matter in explaining foreign affiliate performance? Using a global sample of 34,708 foreign affiliates operating in 91 host countries, we revisit the relative importance of the host country effect as a performance determinant. Our variance decomposition results suggest that the host country effect is less salient than previously identified, often explaining a small portion of affiliate performance differences. We offer implications for future international strategy research on foreign affiliate performance, advancing an understanding of the relative importance of external and internal determinants. We direct scholarly attention to other effect classes, namely the affiliate effect.</p></div>","PeriodicalId":51357,"journal":{"name":"Journal of World Business","volume":"58 2","pages":"Article 101413"},"PeriodicalIF":8.9,"publicationDate":"2023-02-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45066957","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: 4
Knowledge acquisition from host-country partners: The interplay of trust and legal safeguards 从东道国伙伴获取知识:信任与法律保障的相互作用
IF 8.9 1区 管理学
Journal of World Business Pub Date : 2023-02-01 DOI: 10.1016/j.jwb.2022.101421
Clarissa E. Weber, Indre Maurer
{"title":"Knowledge acquisition from host-country partners: The interplay of trust and legal safeguards","authors":"Clarissa E. Weber,&nbsp;Indre Maurer","doi":"10.1016/j.jwb.2022.101421","DOIUrl":"10.1016/j.jwb.2022.101421","url":null,"abstract":"<div><p>Acquiring local knowledge from host-country key partners is crucial for internationalizing firms, yet it entails severe risks for both partners. Research thus emphasizes the role of interorganizational trust, but is inconclusive about how effective it is in different contexts. We theorize how different trust dimensions interact with host-country legal safeguards. We test our hypotheses with data on 210 cross-border relationships in the renewable-energy industry. Results show that weak legal safeguards render ability-based trust particularly effective for knowledge acquisition, while strong legal safeguards render integrity-based trust effective. Benevolence-based trust, however, may have detrimental effects under conditions of strong legal safeguards.</p></div>","PeriodicalId":51357,"journal":{"name":"Journal of World Business","volume":"58 2","pages":"Article 101421"},"PeriodicalIF":8.9,"publicationDate":"2023-02-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43107300","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 under sanctions 受到制裁的国际业务
IF 8.9 1区 管理学
Journal of World Business Pub Date : 2023-02-01 DOI: 10.1016/j.jwb.2023.101426
Klaus E. Meyer , Tony Fang , Andrei Y. Panibratov , Mike W. Peng , Ajai Gaur
{"title":"International business under sanctions","authors":"Klaus E. Meyer ,&nbsp;Tony Fang ,&nbsp;Andrei Y. Panibratov ,&nbsp;Mike W. Peng ,&nbsp;Ajai Gaur","doi":"10.1016/j.jwb.2023.101426","DOIUrl":"10.1016/j.jwb.2023.101426","url":null,"abstract":"<div><p>Sanctions are a tool used by political actors to induce foreign countries, firms or individuals to alter their behavior. As nonmilitary coercive measure, they have the potential to disrupt the international business environment, often on short notice, and change the rules of the game. Synthesizing the available evidence on the economic and political impacts of sanctions, we explore how sanctions disrupt the institutional framework for international business and how firms respond to sanctions. Based on a review of available scholarly evidence, we discuss how theories of international business, such as institution-based view, resource- and knowledge-based view, resource dependency theory, and behavioral theories of the firm, can contribute to explaining the impact of sanctions. At the same time, we discuss how sanctions, as politically motivated disruptions, challenge some assumptions underlying these theories. Going forward, our research agenda on sanctions is likely to help firms and governments to strategize in a geopolitically sensitive world.</p></div>","PeriodicalId":51357,"journal":{"name":"Journal of World Business","volume":"58 2","pages":"Article 101426"},"PeriodicalIF":8.9,"publicationDate":"2023-02-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47140908","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: 21
Combining interpretivism and positivism in international business research: The example of the expatriate role 国际商务研究中诠释主义与实证主义的结合:以外派人员角色为例
IF 8.9 1区 管理学
Journal of World Business Pub Date : 2023-02-01 DOI: 10.1016/j.jwb.2022.101419
Juan I. Sanchez , Jaime Bonache , Carmen Paz-Aparicio , Celia Zárraga Oberty
{"title":"Combining interpretivism and positivism in international business research: The example of the expatriate role","authors":"Juan I. Sanchez ,&nbsp;Jaime Bonache ,&nbsp;Carmen Paz-Aparicio ,&nbsp;Celia Zárraga Oberty","doi":"10.1016/j.jwb.2022.101419","DOIUrl":"10.1016/j.jwb.2022.101419","url":null,"abstract":"<div><p>We illustrated how multi-paradigm research that combines the phenomenological interpretive and the positivist paradigms in sequential studies helps problematize questionable assumptions in international business research. While observing the phenomenological principle of <em>epoché</em> (i.e., suspension of researchers’ pre-conceived categories), we interpreted accounts of their lived experience amongst expatriates working in foreign subsidiaries. A follow-up positivist study further led us to conclude that, unlike Edström and Galbraith's (1977) reasons for an international assignment, expatriates hardly see themselves as headquarters’ control agents, but as dual agents in charge of balancing both headquarters and subsidiary's interests.</p></div>","PeriodicalId":51357,"journal":{"name":"Journal of World Business","volume":"58 2","pages":"Article 101419"},"PeriodicalIF":8.9,"publicationDate":"2023-02-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44846062","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: 8
Following their predecessors’ journey? A review of EMNE studies and avenues for interdisciplinary inquiry 追随他们前辈的旅程?环境经济研究综述及跨学科研究途径
IF 8.9 1区 管理学
Journal of World Business Pub Date : 2023-02-01 DOI: 10.1016/j.jwb.2022.101422
Peter J Buckley , Lin Cui , Liang Chen , Yi Li , Yoona Choi
{"title":"Following their predecessors’ journey? A review of EMNE studies and avenues for interdisciplinary inquiry","authors":"Peter J Buckley ,&nbsp;Lin Cui ,&nbsp;Liang Chen ,&nbsp;Yi Li ,&nbsp;Yoona Choi","doi":"10.1016/j.jwb.2022.101422","DOIUrl":"10.1016/j.jwb.2022.101422","url":null,"abstract":"<div><p>In this review article we take stock of international business (IB) research on emerging economy multinational enterprises<span> (EMNEs) over the past three decades. Our review covers 690 articles published in 64 high-impact peer-reviewed journals between 1990 and 2021 (inclusive). We first present bibliometric findings on some key patterns of this vast body of scholarly work. We then conduct content analysis to critically assess this literature and provide a multilevel synthesis of the existing knowledge base. To do so we propose a theoretical framework that highlights three dimensions – micro-foundations, organizational characteristics, and institutional environment – by which the distinction between EMNEs and their predecessors, namely multinational enterprises (MNEs) from advanced economies, is investigated. At each level, we seek to understand EMNEs’ convergence with and divergence from their predecessors in terms of their motives, strategies/approaches, and outcomes of internationalization. Through this process we identify opportunities to move EMNE research forward through interdisciplinary inquiry, and we propose several avenues for future research.</span></p></div>","PeriodicalId":51357,"journal":{"name":"Journal of World Business","volume":"58 2","pages":"Article 101422"},"PeriodicalIF":8.9,"publicationDate":"2023-02-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46473430","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: 4
Institutional unpredictability and foreign exit−reentry dynamics: The moderating role of foreign ownership 制度不可预测性和外资退出-再进入动态:外资所有权的调节作用
IF 8.9 1区 管理学
Journal of World Business Pub Date : 2023-02-01 DOI: 10.1016/j.jwb.2022.101389
Ryan W. Tang
{"title":"Institutional unpredictability and foreign exit−reentry dynamics: The moderating role of foreign ownership","authors":"Ryan W. Tang","doi":"10.1016/j.jwb.2022.101389","DOIUrl":"10.1016/j.jwb.2022.101389","url":null,"abstract":"<div><p>We extend the internationalization process literature by theorizing how institutional unpredictability and its changes can affect the foreign exit−reentry process and how the multidimensionality of foreign ownership can alter these impacts as a firm's conduit to different foreign countries. Drawing on the dynamic institution-based view, we examine a process whereby firms exit and reenter foreign countries in response to institutional dynamism. By distinguishing foreign shareholders from host and nonhost foreign countries, we identify the negative moderation effects of host-country foreign ownership but not nonhost foreign ownership. Our study, therefore, contributes an integrative framework to the de- and re- internationalization research.</p></div>","PeriodicalId":51357,"journal":{"name":"Journal of World Business","volume":"58 2","pages":"Article 101389"},"PeriodicalIF":8.9,"publicationDate":"2023-02-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43590007","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: 1
Decoupling in international business: Evidence, drivers, impact, and implications for IB research 国际业务中的解耦：IB研究的证据、驱动因素、影响和启示
IF 8.9 1区 管理学
Journal of World Business Pub Date : 2023-01-01 DOI: 10.1016/j.jwb.2022.101399
Michael A. Witt , Arie Y. Lewin , Peter Ping Li , Ajai Gaur
{"title":"Decoupling in international business: Evidence, drivers, impact, and implications for IB research","authors":"Michael A. Witt ,&nbsp;Arie Y. Lewin ,&nbsp;Peter Ping Li ,&nbsp;Ajai Gaur","doi":"10.1016/j.jwb.2022.101399","DOIUrl":"10.1016/j.jwb.2022.101399","url":null,"abstract":"<div><p>We argue that decoupling, defined as the process of weakening interdependence between two nations or blocs of nations, has been ongoing between China and the United States and is likely to accelerate, with major implications for IB and MNE strategies and management. We present data that the world has experienced deglobalization and China-US decoupling and discuss the dynamics underlying decoupling and their implications for IB. We propose an initial framework of variations in decoupling by industry characteristics, and we outline novel and important questions for IB research growing out of our analysis. We conclude with a brief exposition of possible alternative scenarios.</p></div>","PeriodicalId":51357,"journal":{"name":"Journal of World Business","volume":"58 1","pages":"Article 101399"},"PeriodicalIF":8.9,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45511666","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: 28
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