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}
Mihaela Dimitrova , John Kammeyer-Mueller , Margaret A. Shaffer , Marlene Gruber
{"title":"Escaping the rut: Bridging research on expatriate and organizational newcomer adjustment","authors":"Mihaela Dimitrova , John Kammeyer-Mueller , Margaret A. Shaffer , Marlene Gruber","doi":"10.1016/j.jwb.2023.101486","DOIUrl":"10.1016/j.jwb.2023.101486","url":null,"abstract":"<div><p>To ‘escape the rut’ of narrowly focusing on expatriate adjustment as a psychological state, we look to the literature on the adjustment of organizational newcomers. From this perspective, we extend theoretical and empirical concepts regarding dynamic social and proactive development processes into the study of expatriate adjustment. Our integrative review of both literatures provides the basis for a new, dynamic research framework as well as promising avenues for future research on expatriate adjustment and insights for the organizational newcomer literature. We aim to enrich expatriate management research and to contribute to cross-fertilization between the two disciplines.</p></div>","PeriodicalId":51357,"journal":{"name":"Journal of World Business","volume":"58 6","pages":"Article 101486"},"PeriodicalIF":8.9,"publicationDate":"2023-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47918621","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}
Andrew Delios , Catherine Welch , Bo Nielsen , Herman Aguinis , Chris Brewster
{"title":"Reconsidering, refashioning, and reconceptualizing research methodology in international business","authors":"Andrew Delios , Catherine Welch , Bo Nielsen , Herman Aguinis , Chris Brewster","doi":"10.1016/j.jwb.2023.101488","DOIUrl":"10.1016/j.jwb.2023.101488","url":null,"abstract":"<div><p>We introduce this <em>Journal of World Business</em><span><span> special issue on methodological advances in international business (IB) research. Due to technological advances and the availability of bigger, deeper, and multi-level data, there is a need to reconsider, refashion, and reconceptualize IB research methodology. To do so, we discuss ethnography, multilevel modeling, textual analysis and multimodal data, visual methods, machine learning, accommodating multiplicity in qualitative research, and crowdsourcing. The future is bright for the field of IB because there are almost unlimited contributions that it can make to organizations and societies. But, to continue to do so, we must adapt and rethink our “research business model:” The way we think, conduct research, and report results to make meaningful contributions and impact both </span>IB theory and practice.</span></p></div>","PeriodicalId":51357,"journal":{"name":"Journal of World Business","volume":"58 6","pages":"Article 101488"},"PeriodicalIF":8.9,"publicationDate":"2023-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48423576","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}
Julia de Groote, Moritz Feninger, Nadine Kammerlander
{"title":"Family firm internationalization and top management team collaboration: Roles, emotional attachment, and risk perceptions","authors":"Julia de Groote, Moritz Feninger, Nadine Kammerlander","doi":"10.1016/j.jwb.2023.101489","DOIUrl":"10.1016/j.jwb.2023.101489","url":null,"abstract":"<div><p>This study examines how collaboration within top management teams (TMTs) composed of family owner-managers (FOMs) and nonfamily managers (NFMs) influences internationalization decisions. Based on a qualitative multi-case study, we identify four roles taken by TMT members: drivers (typically FOMs), experts (both FOMs and NFMs), boundary spanners (typically NFMs), and administrators (typically NFMs). We theorize how congruence regarding roles, emotional attachment, and risk perception fosters internationalization decisions, whereas frictions arise in case of incongruence and hinder decision-making. The study contributes to research on family firm internationalization and to emerging research on TMT structure.</p></div>","PeriodicalId":51357,"journal":{"name":"Journal of World Business","volume":"58 6","pages":"Article 101489"},"PeriodicalIF":8.9,"publicationDate":"2023-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48384579","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}
Luciano Ciravegna , David Ahlstrom , Snejina Michailova , Chang Hoon Oh , Ajai Gaur
{"title":"Exogenous shocks and MNEs: Learning from pandemics, conflicts, and other major disruptions","authors":"Luciano Ciravegna , David Ahlstrom , Snejina Michailova , Chang Hoon Oh , Ajai Gaur","doi":"10.1016/j.jwb.2023.101487","DOIUrl":"10.1016/j.jwb.2023.101487","url":null,"abstract":"<div><p>Exogenous shocks have long been a feature of the global economy, yet they have become particularly salient in recent years. This Special Issue of the <em>Journal of World Business</em><span> addresses the shift to a New Normal characterized by frequent events that disrupt the international business context, such as the COVID-19 pandemic and the Russia-Ukraine conflict. In this Introduction to the Special Issue, we discuss how the IB literature has treated exogenous shocks. We posit that important lessons can be learned from history, and from the experience of MNEs in the countries of the Global South. We also suggest future research avenues centered around exogenous shocks, international business, and multinational enterprises.</span></p></div>","PeriodicalId":51357,"journal":{"name":"Journal of World Business","volume":"58 6","pages":"Article 101487"},"PeriodicalIF":8.9,"publicationDate":"2023-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42278765","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}