{"title":"Unlearning diversity management","authors":"Aneta Hamza-Orlinska , Jolanta Maj , Amanda Shantz , Joana Vassilopoulou","doi":"10.1016/j.jwb.2024.101519","DOIUrl":"10.1016/j.jwb.2024.101519","url":null,"abstract":"<div><p>Organizational unlearning occurs when organizations cast-off knowledge, beliefs, or routines. A key assumption is that the discarded information inhibits organizational performance. This view ignores the possibility that organizations may intentionally unlearn practices that are useful for some stakeholders. Using qualitative methods over eight years, we studied the processes by which a subsidiary of a French multinational company (MNC) unlearned diversity management when it was sold to a Polish state owner. This case enables us to understand the processes by which organizations unlearn, the power of the institutional environment in shaping the abandonment of diversity management, once a subsidiary changes ownership.</p></div>","PeriodicalId":51357,"journal":{"name":"Journal of World Business","volume":"59 2","pages":"Article 101519"},"PeriodicalIF":8.9,"publicationDate":"2024-02-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139573846","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}
Emmanuella Plakoyiannaki , Eriikka Paavilainen-Mäntymäki , Melanie Hassett , Peter W. Liesch , Ulf Andersson , Elizabeth L. Rose
{"title":"Time matters: Rethinking the role of time in the philosophical, conceptual and methodological domains of international business","authors":"Emmanuella Plakoyiannaki , Eriikka Paavilainen-Mäntymäki , Melanie Hassett , Peter W. Liesch , Ulf Andersson , Elizabeth L. Rose","doi":"10.1016/j.jwb.2024.101521","DOIUrl":"https://doi.org/10.1016/j.jwb.2024.101521","url":null,"abstract":"<div><p>The purpose of this editorial, and the special issue, is to initiate a dialogue about the role of time in international business (IB) scholarship. While time is inherent in IB phenomena, it has, to date, received limited attention in IB research and theorizing. When IB scholars do account for time, they generally adhere to assumptions representing time as linear and objective. We discuss the importance of time in the philosophical, conceptual, and methodological domains of IB, defining each of these three interconnected domains, problematizing their dominant assumptions about time, and suggesting potential avenues for rethinking time in IB.</p></div>","PeriodicalId":51357,"journal":{"name":"Journal of World Business","volume":"59 2","pages":"Article 101521"},"PeriodicalIF":8.9,"publicationDate":"2024-02-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139653293","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":"Cross-border acquisition completion by emerging market MNEs revisited: Inductive evidence from a machine learning analysis","authors":"Jianhong Zhang , Arjen van Witteloostuijn , Chaohong Zhou , Shengyang Zhou","doi":"10.1016/j.jwb.2024.101517","DOIUrl":"10.1016/j.jwb.2024.101517","url":null,"abstract":"<div><p>Existing empirical studies of cross-border acquisition completion by emerging market multinational enterprises remain highly contextual, yielding inconsistent evidence regarding the determinants of deal success or failure. We apply machine learning to expose underlying complexities. The learning results of LightGBM, from data on 24,693 cross-border acquisition deals involving 29 emerging countries, unveil a comprehensive picture of the relative importance and impact patterns of 59 predictors that were fragmentally, inconsistently, or not at all presented in the extant literature. Our findings offer fresh insights into the deal completion of cross-border acquisitions by emerging market multinational enterprises, suggesting novel future research priorities.</p></div>","PeriodicalId":51357,"journal":{"name":"Journal of World Business","volume":"59 2","pages":"Article 101517"},"PeriodicalIF":8.9,"publicationDate":"2024-02-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S1090951624000014/pdfft?md5=2bafe38e685541eaac05379ea44fd252&pid=1-s2.0-S1090951624000014-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139573829","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}
{"title":"Overcoming the liability of origin by hiring foreign independent directors: Evidence from Chinese firms' cross-border M&As","authors":"Lin Yu , Tao Bai , Jingwei Yin , Xue Tan","doi":"10.1016/j.jwb.2024.101520","DOIUrl":"https://doi.org/10.1016/j.jwb.2024.101520","url":null,"abstract":"<div><p>Firms from countries with weak corporate governance institutions tend to face liability of origin when they conduct cross-border mergers and acquisitions (M&As). We argue that they can overcome such challenges through hiring foreign independent directors (FIDs) as it can signal their commitments and efforts to align with international corporate governance standards. Based on a sample of Chinese listed firms between 2004 and 2017, we find that the FIDs have a positive impact on the likelihood of achieving cross-border M&As. Our mechanism tests show that FIDs could indeed facilitate firms' cross-border M&As through enhancing corporate governance practices as reflected by the adoption of Big 4 auditors and lower analyst forecasting errors. Moreover, the positive impact of FIDs is stronger for firms with higher state ownership, but weaker for firms with higher foreign ownership. Our findings are robust across a set of additional analyses.</p></div>","PeriodicalId":51357,"journal":{"name":"Journal of World Business","volume":"59 2","pages":"Article 101520"},"PeriodicalIF":8.9,"publicationDate":"2024-02-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139674716","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}
Maria Lapeira , Georges Samara , Sumit Kundu , Arun Kumaraswamy
{"title":"To export or to FDI? A configurational approach to family firm internationalization","authors":"Maria Lapeira , Georges Samara , Sumit Kundu , Arun Kumaraswamy","doi":"10.1016/j.jwb.2023.101506","DOIUrl":"10.1016/j.jwb.2023.101506","url":null,"abstract":"<div><p><span>Using socioemotional wealth<span>, this study advances our understanding of the various internationalization strategies family businesses adopt by exploring the governance and resource configurations that exist when family firms pursue distinct internationalization strategies</span></span><em>.</em> Using fuzzy-set qualitative comparative analysis (FsQCA) on a sample of 775 Colombian family firms, our findings reveal a distinct set of resource and governance configurations that are present when family firms engage in less risky internationalization strategies such as exports, or in more risky internationalization strategies such as foreign direct investments (FDIs). The paper concludes with a discussion of theoretical and practical implications.</p></div>","PeriodicalId":51357,"journal":{"name":"Journal of World Business","volume":"59 2","pages":"Article 101506"},"PeriodicalIF":8.9,"publicationDate":"2023-11-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138438886","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":"The business family as an institutional arbitrageur: Internationalization across institutional contexts","authors":"Ramzi Fathallah , Michael Carney","doi":"10.1016/j.jwb.2023.101507","DOIUrl":"10.1016/j.jwb.2023.101507","url":null,"abstract":"<div><p>Much research on family business internationalization centers on the firm but is inattentive to the family behind the firm. We examine how business families internationalize from unstable and fragile institutions. Based on a qualitative multi-case study, we theorize business families as institutional arbitrageurs who facilitate international transactions between incompatible institutional contexts to create and preserve value in international markets while adapting to the unstable and fragile home institutional environment. Our findings suggest a three-stage internationalization process representing a cumulative and varied pattern of arbitrage practices at the level of the enterprise, extended family, and individual family members. Thus, we theorize the unique aspects of the family as a hypermobile international structure with international interests, relationships, and presence. Our findings also highlight the role of individual family members during internationalization. Our study contributes to the literature on business family internationalization and institutional arbitrage.</p></div>","PeriodicalId":51357,"journal":{"name":"Journal of World Business","volume":"59 2","pages":"Article 101507"},"PeriodicalIF":8.9,"publicationDate":"2023-11-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138289570","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}
Sihong Wu , Francesco Chirico , Di Fan , Jiayan Ding , Yiyi Su
{"title":"Foreign market exit in family firms: Do historical military and cultural frictions matter?","authors":"Sihong Wu , Francesco Chirico , Di Fan , Jiayan Ding , Yiyi Su","doi":"10.1016/j.jwb.2023.101504","DOIUrl":"https://doi.org/10.1016/j.jwb.2023.101504","url":null,"abstract":"<div><p>In a fast-changing world, strategic decisions to exit a foreign market become more complex for family firms, owing to their vulnerability to uncertainty in internationalization. However, there is scant research on family firms’ foreign market exit with respect to their responses to contextual influences from home and host countries. This study reconciles the socioemotional wealth (SEW) perspective and the friction lens to address this gap. Using a sample of 1,455 subsidiaries established by 413 Chinese family firms in 2009-2018, we find that historical military friction increases family firms’ foreign market exit, while cultural friction leads to a lower exit propensity. We also find that family management reinforces the friction-exit relationships, and this effect is strengthened when the family firm is controlled by the first generation. Our theory and related findings deepen our understanding of the foreign market exit decision of family firms while offering important theoretical and managerial implications.</p></div>","PeriodicalId":51357,"journal":{"name":"Journal of World Business","volume":"59 1","pages":"Article 101504"},"PeriodicalIF":8.9,"publicationDate":"2023-11-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S1090951623000792/pdfft?md5=1b2bc20fcbe9be0aeb113d9e280fb942&pid=1-s2.0-S1090951623000792-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"137412005","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}
{"title":"Emerging market multinationals’ liability of outsidership","authors":"Nan Zhou","doi":"10.1016/j.jwb.2023.101505","DOIUrl":"10.1016/j.jwb.2023.101505","url":null,"abstract":"<div><p>This study investigated how the liability of outsidership affects emerging-market multinationals. We argue that besides lack of access to local networks, lack of access to leadership positions in global value chain networks is another possible source of the liability of outsidership, and it affects emerging market firms more than multinationals from developed countries. Accordingly, multinationals from emerging markets are more likely than those from developed countries to exit from a foreign market in which they had invested. Allying with technology partners and developed-country non-technology partners could help EMNEs overcome the LOO. Those findings are based on a study of mobile money services provided by multinationals from both emerging markets and developed countries during the period 2001–2022.</p></div>","PeriodicalId":51357,"journal":{"name":"Journal of World Business","volume":"59 3","pages":"Article 101505"},"PeriodicalIF":8.9,"publicationDate":"2023-10-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"50166988","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}
Nikolaos Kavadis , Niels Hermes , Jana Oehmichen , Alessandro Zattoni , Stav Fainshmidt
{"title":"Sustainable value creation in multinational enterprises: The role of corporate governance actors","authors":"Nikolaos Kavadis , Niels Hermes , Jana Oehmichen , Alessandro Zattoni , Stav Fainshmidt","doi":"10.1016/j.jwb.2023.101503","DOIUrl":"https://doi.org/10.1016/j.jwb.2023.101503","url":null,"abstract":"<div><p>Multinational enterprises<span><span> (MNEs) are increasingly expected to make their global operations sustainable, while overcoming important obstacles in a rugged global landscape. In this perspective article, we argue that a focus on their corporate governance (CG) actors – i.e., owners, directors, and executives – is key for understanding the premises of MNEs’ sustainable value creation. We develop an actor-centered perspective on MNEs whereby factors inherent to and surrounding CG actors – e.g., their cognition, personality, and values, as well as their interactions and governance – will determine the pervasiveness of their bounded rationality and bounded reliability, thus influencing whether, how, and under what conditions these key actors will contribute through their decisions to sustainable value creation. Our perspective advances nascent actor-centered research on MNEs’ non-market strategies, including </span>corporate social responsibility and sustainability. Exploring the underlying mechanisms at the source of individual-level variation (next to firm-, industry-, and country-level variation) related to sustainable value creation may support theory development that can ultimately break new ground in explaining the strategic behavior and sustainable performance of MNEs. We formulate future research suggestions toward that end.</span></p></div>","PeriodicalId":51357,"journal":{"name":"Journal of World Business","volume":"59 1","pages":"Article 101503"},"PeriodicalIF":8.9,"publicationDate":"2023-10-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"49763696","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":"Institutional fragility and internationalization of Indian firms: Moderating effects of inward FDI and linkages","authors":"Vikrant Shirodkar , Rishika Nayyar , Sumati Varma","doi":"10.1016/j.jwb.2023.101502","DOIUrl":"10.1016/j.jwb.2023.101502","url":null,"abstract":"<div><p>In this paper, using institutional and organizational learning theories, we argue that institutional fragility within India impacts the internationalization of Indian firms such that firms from more fragile regions are likely to have lower internationalization levels. We also suggest that this effect is moderated by inward (industry-level) foreign direct investment (FDI) and inward (firm-level) linkages with foreign firms. We test our hypotheses based on the analysis of 707 Indian firms over the period 2008–2018. Our study contributes to the literature examining the complexity, and the speed and consistency of institutional progress in emerging economies, and its impact on firms’ internationalization.</p></div>","PeriodicalId":51357,"journal":{"name":"Journal of World Business","volume":"59 3","pages":"Article 101502"},"PeriodicalIF":8.9,"publicationDate":"2023-10-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S1090951623000779/pdfft?md5=5be851f8512004f02378b3c82d515199&pid=1-s2.0-S1090951623000779-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"50167002","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}