共查询到20条相似文献，搜索用时 31 毫秒
1.
| • | We study why multinational enterprise (MNE) subsidiaries adopt dissimilar political strategies, and seek to advance the understanding of international political strategy from an MNE parent-subsidiary perspective. |
| • | Drawing on the MNE parent-subsidiary literature, we contend factors at the subsidiary, corporate, and host country levels contribute to subsidiary political strategy dissimilarity. We test our hypotheses with a sample of U.S. MNE subsidiaries within Western Europe. |
2.
Performance of Multinational Firms’ Subsidiaries: Influences of Cumulative Experience 总被引：1，自引：0，他引：1
Gerald Yong Gao Yigang Pan Jiangyong Lu Zhigang Tao 《Management International Review》2008,48(6):749-768
| • | In this study, we examine the impact of cumulative experience that arise from a series of sequential entries on the performance of foreign subsidiaries of multinational firms. Drawing upon the literature on organizational learning, we propose that multinational firms acquire different types of experience at the firm level, including general entry experience, entry specific experience, and exporting experience, which exert different influences on their performance. We also investigate the effect of experience on performance at the subsidiary level. |
| • | Using a dataset of 245 subsidiaries of 81 large U.S. firms in China, we find that firms’ entry specific experience, exporting experience, and subsidiary level experience exhibit significant effects on the return on sales of foreign subsidiaries. |
| • | Further, the effect of exporting experience gets weaker as firms accumulate more entry specific experience. Firms’ general entry experience, however, is not related to subsidiary performance. |
3.
| • | This paper examines the conditions under which corporate social responsibility (CSR) is related to value creation in the multinational enterprise (MNE). |
| • | Following prior work by Burke and Logsdon (1996), we examine the relationship of centrality, appropriability, proactivity, visibility, and voluntarism to value creation. |
| • | The results of a survey of 111 MNEs in Mexico suggest that centrality, visibility, and voluntarism are related to value creation. |
4.
Abstract and Key Results
相似文献
| • | This study examines the performance impacts of entry mode choice based on the perceptions of managers of a large sample of foreign MNEs in South Korea. Using an extended transaction costs model, an evaluation of performance relative to predicted entry mode is carried out. |
| • | We find that affiliate performance is a multidimensional and complex phenomenon, which may be properly explained by multiple factors, including the coordination and control of the affiliate by the MNE, that go beyond initial entry mode choices. |
| • | Foreign MNEs following the entry mode predicted by the extended transaction costs model showed poorer performance than non-followers in respect of non-financial performance. However, no significant differences were found for financial performance. The findings appear to reinforce a recent call to re-examine transaction costs theory and lend further support for incorporating additional potentially important determinants of affiliate performance. |
5.
Knowledge-related competitiveness and the roles of multinationals’ R&D in a peripheral European economy: Survey analysis of Greece 总被引：2，自引：2，他引：0
Dimitris Manolopoulos Marina Papanastassiou Robert Pearce 《Management International Review》2007,47(5):661-682
Abstract and Key Results
相似文献
| • | The paper analyses survey evidence on foreign firms’ R&D in Greece, in the light of recently derived perceptions of decentralisation of knowledge-related activities in MNEs’ strategic programmes. |
| • | We investigate various aspects of MNEs’ knowledge-related competitiveness in an intermediate-level economy. We examine the nature, extent and influences of R&D positioning. We also test empirically the relationship between subsidiaries’ strategic motivations and the different roles allocated to R&D departments. |
| • | In the main, the results meet expectations for a middle-income peripheral European economy. Original development work is at significant levels. However, adaptation of existing technologies to local conditions is still the primary aim of R&D in MNE subsidiaries in Greece. There are clear signs of integration/interdependence of work in R&D labs with other parts of MNE networks. The survey evidence also confirms that subsidiaries’ roles are a decisive factor determining the type of overseas labs. |
6.
Abstract
相似文献
| – | At the centre of the interface between the developmental needs of national industry and evolutionary processes in the MNEs’ subsidiaries are knowledge-seeking and knowledge-generation processes. |
| – | Based on new survey evidence, we examine the strategies of MNE in Central and Eastern Europe (CEE). In particular, we investigate the knowledge characteristics of MNE subsidiaries in CEE by analysing the roles of subsidiaries, market orientation and sources of technology over time. |
7.
Robert Pearce 《Management International Review》2009,49(1):81-94
| • | The processes of globalisation open up new potentials for MNE participation in the development of small economies. Thus the pursuit of global competitiveness by MNEs, operating through a range of strategic motivations, can be supported by different types of affiliates that can be based on the potentials of small economies. |
| • | Efficiency seeking operations of MNEs can benefit from cost-effective inputs of small economies (as, for example, in export processing zones) and activate their export potentials. |
| • | Knowledge seeking by MNEs can be generated interdependently with the creation of localised systems of innovation that support bases of sustainable development in small economies. |
相似文献
8.
| • | Employing detailed industry-level data, this paper examines the country-of-origin effects of foreign direct investment in China. |
| • | The analysis demonstrates that there are significant differences in behaviour between investors from non-Chinese Western (NCW) source countries and those from Hong Kong, Macau and Taiwan (HMT). |
| • | The findings show that NCW investors target local market, while HMT investors are export-oriented. Furthermore, NCW firms are more responsive to local labour quality and technological capability than their HMT counterparts. |
9.
10.
Abstract and Key Results
相似文献
| • | Existing multinational subsidiary typologies tend to be derived from strategy types, rather than from examining the subsidiaries themselves. However, there seems to be limited convergence of results. We propose a four-dimensional subsidiary framework to understanding the national subsidiary based on the subsidiary’s roles in capability creation and capability utilization within the multinational firm as well as the geographic scope and product scope over which the subsidiary has influence. |
| • | The paper shows that this approach, grounded in the basic strategic choices of market and activity scope at the subsidiary level, allows for an organization and unification of earlier conceptualizations of the national subsidiary in a way that lower dimensionality frameworks cannot. The resulting typology provides a rich set of possibilities for further theoretical and empirical development. |
11.
Learning through international acquisitions: The process of knowledge acquisition in China 总被引：2，自引：0，他引：2
Abstract and Key Results
相似文献
| • | Research on the process of knowledge learning and absorption in acquisition context has emerged recently. Yet relatively less attention has been paid to the process of knowledge transfer and learning and its impact on successful acquisitions. |
| • | This paper adopts a process perspective’ to investigate this issue. Based on four international acquisitions in China, it generates new theoretical propositions as well as practical managerial implications. |
| • | Results reveal the types of knowledge acquired and how it is transferred and learnt to contribute to the success of international acquisitions. The knowledge acquisition and learning process in international context involve three stages: knowledge assessment, knowledge sharing and knowledge assimilation. |
| • | Foreign acquirers tend to acquire complementary knowledge from local targets, adopt dual management structure and facilitate communications with local personnel in order to achieve the success of acquisitions and future operations. |
12.
Performance implications of capability exploitation and upgrading in international joint ventures 总被引：1，自引：0，他引：1
Abstract and Key Results
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| • | This study investigates (1) how capability exploitation and capability upgrading are associated with IJVs’ financial and competitive outcomes in an emerging market, and (2) how environmental dynamism (the key construct characterizing an emerging market) and interpartner cooperation (the key construct describing an IJV) moderate the effect of capability exploitation and upgrading on IJV performance. |
| • | Results suggest that IJVs in a foreign emerging market tend to perform better in both financial and competitive terms when they possess greater abilities to exploit current resources contributed by foreign and local partners and to continuously upgrade and develop new capabilities. |
| • | The contribution of capability exploitation and upgrading to IJV performance is stronger when IJVs operate in a more dynamic environment. When interpartner cooperation is superior, capability exploitation plays a bigger role in improving performance. |
13.
Abstract and Key Results
相似文献
| • | This study discusses the underlying reasons for the variant nature of the relationship between multinationality and firm performance in the context of service firms. |
| • | To date, this line of research has mostly used evidence from manufacturing firms, despite the ever-increasing contribution of service firms to national and global economies. |
| • | We conduct an exploratory study using case analyses of large European retail banks. We argue that the nature of the multinationality-performance relationship for services is moderated by industry characteristics, market-based factors and firm-specific factors. |
| • | We conclude that the shape of the curve depicting the multinationality-performance relationship of retail banks experiences substantial variations on a single case level. |
| • | Our exploratory study of retail banks shows that the multinationality-performance relationship varies significantly depending on banks’ strategic decisions regarding branch network configurations, product portfolios, branding strategies, organizational architecture (HQ-subsidiary relationship), and social networks. Any generalization of the relationship is difficult and prone to error. |
14.
Laszlo Tihanyi Robert E. Hoskisson Richard A. Johnson William P. Wan 《Management International Review》2009,49(4):409-431
| • | This paper shows that the role of managerial incentives is highlighted by a relatively complex relationship between technological competence and international diversification. By studying a sample of Standard & Poor’s 500 member firms, we explore the relationships between technological competence, managerial pay, and international diversification. |
| • | Results indicated a curvilinear relationship (an inverted U-shape) between technological competence and international diversification. |
| • | In line with agency theory, contingent pay (stock options and bonuses) was positively related to international diversification. |
| • | Beyond these direct effects, both contingent and non-contingent pay (cash compensation) moderated the relationship between technological competence and international diversification. |
15.
| • | This paper explores the organizational adjustment in host regions when MNCs switch from their original strategy to a regional strategy. |
| • | MNCs set up sub-regional headquarters (e.g., Greater China sub-regional headquarters) under a regional headquarters (e.g., Asia regional headquarters). A sub-regional headquarters replaces a regional headquarters directly managing subsidiaries within the sub-region. |
| • | The emergence of sub-regional headquarters is in response to the need for a balance between global integration and local responsiveness. An increasing number of decisions are made by sub-regional headquarters, instead of by subsidiaries, a parent, or regional headquarters. |
| • | Industry characteristics and firm’s specific advantages (FSAs) affect the delegation of authority from a parent to regional and sub-regional headquarters. |
16.
Roger Strange Igor Filatotchev Trevor Buck Mike Wright 《Management International Review》2009,49(4):395-407
| • | In a broad sense, corporate governance is about how firms should be governed so that they are run effectively and efficiently. This paper takes a broad perspective on corporate governance mechanisms and considers possible synergies between corporate governance and international business (IB) research. |
| • | We summarize the papers included in this Focused Issue, and draw out their main contributions to the literature. In so doing, we compare and contrast the four theoretical perspectives concerning corporate governance and IB adopted in the five papers: i.e. transaction cost economics, the resource-based view, agency theory, and institutional theory. |
| • | Finally, we highlight five research themes (international diversification, business groups, entry modes, subsidiary mandates, and new international ownership structures) where future work explicitly addressing governance issues may prove fruitful. |
17.
Naveen Kumar Jain Sumit K. Kundu Fred A. Niederman 《Management International Review》2008,48(4):447-461
Abstract and Key Results
相似文献
| • | This conceptual paper examines the dynamics of the offshoring of information technology (IT) service work. It considers this important emerging phenomenon from multiple lenses, especially those of international business theories. |
| • | Research propositions are developed based on the perspectives of home country firms, host nation and the dynamic interactions between the two. Questions for future research are suggested. |
| • | Already established nations in the field get more opportunities than the new entrants to increase their competitiveness from experience-based knowledge gained as a result of the imitative actions of home country firms. |
18.
| • | Resource dependence theory was used to develop hypotheses on whether keiretsu affiliation, mutual dependence between the automaker core and supplier firms, and internationalization level of the affiliate firm have an effect on its performance. |
| • | The hypotheses were tested on archival data from the entire population of 470 first-tier automobile components suppliers in Japan. |
19.
Factors affecting perceptions of the choice between acquisition and greenfield entry: The case of Western FDI in an emerging market 总被引：1，自引：0，他引：1
Abstract and Key Results
相似文献
| • | This study provides a comprehensive account of foreign establishment mode strategies of firms investing in Turkey. The results of the logistic regression modeling provide support to the hypothesized relationships that take into account the impact of host country specific motives of MNEs on their choice between acquisitions and greenfield investments. |
| • | The host country motives quality of inputs and market potential have significant negative coefficients, indicating that an MNE will favor the acquisition mode over a greenfield mode as the relative importance of both motives increases. |
| • | The host country motive of investment risk has a significant positive coefficient, which increases the likelihood of the venture being a greenfield investment. |
| • | Our results also show that the main investing firm specific and subsidiary level determinants of FDI modal choice identified in prior research also influence the establishment mode choice of Western MNEs when investing in Turkey. Parent diversity, previous commercial association, ownership pattern and resource-intensiveness of the target industry have the expected impact on the foreign investor’s choice between a greenfield investment and an acquisition. |
| • | No support is found, however, for the impact of cultural distance and foreign parent size on establishment mode choice. Similarly, the control variables of home region of the investing firm, timing of entry and industrial sector of investment do not affect modal choice. |
20.
Associate Professor Jens Gammelgaard Professor Frank McDonald Professor Heinz Tüselmann Assistant Professor Christoph Dörrenbächer Associate Professor Andreas Stephan 《Management International Review》2009,49(1):27-42
| • | This paper considers the proportion of skilled labour employed by subsidiaries in small countries in the context of the strategic role of subsidiaries. Strategic role is connected to autonomy and intra-organisational relationships and the mandates given to the subsidiary. In the paper, we draw on the literature on the strategic development of multinational corporations, and insights from inward foreign direct investments in small developed countries. This is presented in a unifying framework in order to predict diverse categorizations of the impact of subsidiary role on the proportion of their employment of skilled labour. |
| • | The paper derives two propositions that postulate interactions between three roles containing different levels of autonomy and intra-organisational relationships in small developed countries that lead to different proportions of skilled labour in subsidiaries. |
| • | We predict the highest proportion of skilled labour by subsidiaries located in small developed countries in the case of world mandates when autonomous-based operations are emphasized. When there is an emphasis on intra-organizational relationships, measured by product flows and integrated international value-chain configurations, we predict the proportion of skilled labour to be highest in the cases of specialized contributors. We propose the proportion of skilled labour to be lowest in the case of local implementers. |