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AI Integration and Strategic Planning: Fostering Inclusivity and Strategic Evolution in the Workplace 人工智能集成和战略规划:促进工作场所的包容性和战略演变
IF 3.2 Q3 BUSINESS Pub Date : 2025-09-09 DOI: 10.1002/tie.70035
Daniel Mandel Gandrita, David Pascoal Rosado, Ana Gandrita

This research explores the symbiotic relationship between effective strategic planning (SP), management relationships (MR), and the integration of artificial intelligence (AI). We collected data from n = 360 participants using a structural equation modeling approach in a quantitative research methodology. Additionally, we conducted a bibliometric analysis focused on AI and the strategic planning process to collect data for our literature review. The resulting framework highlights the evolution and adoption of AI for strategic planning, facilitating the connection between new strategies, particularly in contexts of resistance to change. Our study explores potential disruptions affecting talent retention and loyalty. Findings show that effective integration of AI, supported by strong management practices, reduces employee turnover risks and enhances employee commitment. Employees who actively contribute and believe in this technology tend to embrace a culture of innovation more readily. Moreover, they become more resilient, playing a crucial role in supporting strategic planning efforts, thereby providing benefits for navigating crises and uncovering sustainable strategies. Lastly, theoretical findings suggest that future studies on strategic areas, such as sustainability, HR, performance, and innovation reveal the need to develop a diverse and collaborative workplace culture.

本研究探讨了有效战略规划(SP)、管理关系(MR)和人工智能(AI)集成之间的共生关系。我们使用定量研究方法中的结构方程建模方法收集了n = 360名参与者的数据。此外,我们对人工智能和战略规划过程进行了文献计量分析,为我们的文献综述收集数据。由此产生的框架强调了人工智能在战略规划中的演变和采用,促进了新战略之间的联系,特别是在抵制变革的背景下。我们的研究探讨了影响人才保留和忠诚度的潜在干扰因素。研究结果表明,在强有力的管理实践的支持下,人工智能的有效整合可以降低员工离职风险,增强员工承诺。积极贡献并相信这项技术的员工往往更容易接受创新文化。此外,他们变得更有弹性,在支持战略规划工作方面发挥关键作用,从而为应对危机和制定可持续战略提供好处。最后,理论研究结果表明,未来对战略领域的研究,如可持续性、人力资源、绩效和创新,表明需要发展多元化和协作的工作场所文化。
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引用次数: 0
When Profitability Speaks Loudest: How Institutional Quality Shapes Valuation in Global Semiconductor Firms 当盈利能力说话最响亮:机构质量如何影响全球半导体公司的估值
IF 3.2 Q3 BUSINESS Pub Date : 2025-08-21 DOI: 10.1002/tie.70034
Tsuyoshi Sato

This study investigates how profitability, innovation investment, and capital structure interact with national institutional environments to shape firm valuation in the global semiconductor industry. Using panel data of 881 firm-year observations from 57 multinational firms (2005–2023), we find that valuation effects depend on governance quality. Profitability (ROA) is rewarded only in strong rule-of-law environments; elsewhere, it has little or even negative impact on price-to-book ratios. R&D intensity is penalized in highly regulated environments, where export controls, compliance costs, and uneven intellectual property enforcement may delay commercialization and elevate perceived risk. Financial leverage is more positively valued in politically stable countries, indicating greater investor tolerance for debt under reduced macro-political uncertainty. While focused on semiconductors, these findings extend to other capital-intensive, innovation-driven sectors. Aligning performance signals with institutional contexts can enhance investor confidence and improve valuation outcomes in global markets.

本研究探讨盈利能力、创新投资和资本结构如何与国家制度环境相互作用,以塑造全球半导体行业的公司估值。利用57家跨国公司(2005-2023年)881家公司年度观察的面板数据,我们发现估值效应依赖于治理质量。盈利能力(ROA)只有在强大的法治环境中才会得到奖励;在其他地方,它对市净率的影响很小,甚至是负面的。在高度管制的环境中,研发强度受到惩罚,在这些环境中,出口管制、合规成本和不平衡的知识产权执法可能会延迟商业化并提高感知风险。在政治稳定的国家,金融杠杆的价值更为积极,这表明在宏观政治不确定性降低的情况下,投资者对债务的容忍度更高。虽然这些发现主要集中在半导体领域,但也适用于其他资本密集型、创新驱动的行业。将业绩信号与机构背景相结合,可以增强投资者信心,改善全球市场的估值结果。
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引用次数: 0
Financial Volatility Spillovers and Risk Dynamics in Global Tourism: Evidence From Equity and Bond Markets 金融波动溢出效应与全球旅游业风险动态:来自股票和债券市场的证据
IF 3.2 Q3 BUSINESS Pub Date : 2025-08-21 DOI: 10.1002/tie.70031
Md. Nahiduzzaman, Rubaiyat Shabbir, Bapon Chandra Kuri, Bablu Kumar Dhar, Anick Roy

This study explores the financial volatility and asset interdependence in the global tourism sector by examining spillover dynamics between tourism equities and both green and non-green financial assets from global stock and bond markets. Utilizing a combination of risk-adjusted return metrics, Value at Risk (VaR), Conditional VaR (CVaR), wavelet coherence, and Quantile Vector Autoregression (QVAR), the analysis reveals that while tourism equities offer the highest risk-adjusted returns, they also carry significant downside risk—particularly during periods of financial distress. Wavelet analysis uncovers pronounced short- and medium-run volatility in tourism stocks, and QVAR results demonstrate high spillover intensity, with connectedness surpassing 83% in both bull and bear markets. Notably, conventional and green equities do not consistently serve as effective hedges for tourism investments, although green bonds may offer some diversification benefits during stable periods. These findings may offer indicative evidence for international investors, financial analysts, and policymakers aiming to improve asset allocation, enhance risk awareness, and inform investment planning in tourism-dependent economies. By highlighting patterns of market interconnectedness, the study may inform portfolio strategies under conditions of rising global uncertainty.

本研究通过考察旅游股票与全球股票和债券市场的绿色和非绿色金融资产之间的溢出动态,探讨了全球旅游部门的金融波动性和资产相互依赖关系。利用风险调整后的收益指标,风险价值(VaR)、条件VaR (CVaR)、小波相干性和分位数向量自回归(QVAR)的组合分析表明,尽管旅游股票提供了最高的风险调整后回报,但它们也存在显著的下行风险,尤其是在财务困境期间。小波分析揭示了旅游股中短期波动显著,QVAR结果显示出较高的溢出强度,牛市和熊市的连通性均超过83%。值得注意的是,尽管绿色债券可能在稳定时期提供一些多样化的好处,但传统和绿色股票并不能始终如一地作为旅游投资的有效对冲。这些发现可能为国际投资者、金融分析师和决策者提供指示性证据,以改善资产配置,提高风险意识,并为旅游依赖型经济体的投资规划提供信息。通过强调市场相互联系的模式,该研究可以在全球不确定性上升的情况下为投资组合策略提供信息。
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引用次数: 0
Formal Institutional Quality and Product Innovation: Moderating Effects of Policy Instability and Technological Infrastructure 正式制度质量与产品创新:政策不稳定性和技术基础设施的调节作用
IF 3.2 Q3 BUSINESS Pub Date : 2025-08-15 DOI: 10.1002/tie.70032
Samuel Amponsah Odei

Grounded in the strategy tripod view, this research aims to examine the relationship between formal institutional quality and product innovation while considering the moderating effects of policy instability and technological infrastructure. The study focuses on 44 emerging markets in sub-Saharan Africa (SSA) using data for the period 2006–2022, with empirical evidence based on the probit model with two-way fixed effects. This research revealed that (i) formal institutional quality positively influences product innovation; (ii) technological infrastructure modulates formal institutional quality for an overall negative impact on product innovation; (iii) policy instability and technological infrastructure positively modulate the relationship between formal institutional quality and product innovation; (iv) policy instability positively modulates the relationship between formal institutional quality and product innovation, and this improves with technological infrastructure. This multidimensional analysis provides valuable insights for policymakers and firm managers seeking to foster a favorable environment for innovation in emerging markets.

基于战略三脚架观点,本研究旨在考察正式制度质量与产品创新之间的关系,同时考虑政策不稳定性和技术基础设施的调节作用。该研究使用2006-2022年期间的数据,重点关注撒哈拉以南非洲44个新兴市场,并基于具有双向固定效应的probit模型的经验证据。研究发现:(1)正式制度质量正向影响产品创新;(ii)技术基础设施调节正式制度质量,对产品创新产生总体负面影响;(3)政策不稳定性和技术基础设施正向调节正式制度质量与产品创新的关系;政策不稳定性正向调节正式制度质量与产品创新之间的关系,这种关系随着技术基础设施的改善而改善。这种多维度的分析为决策者和企业管理者在新兴市场寻求培育有利的创新环境提供了有价值的见解。
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引用次数: 0
Blockchain and Digital Technologies in the Telecommunications Industry 区块链和电信行业的数字技术
IF 3.2 Q3 BUSINESS Pub Date : 2025-08-11 DOI: 10.1002/tie.70020
Charles Okeyia, Nuno Marques de Almeida, Joe Amad-Echendu, Simplice A. Asongu

This article examines how fourth industrial revolution (4IR) technologies, specifically blockchain and digital twin technologies, can be utilized to address the energy supply challenge and enhance the management of distributed telecom infrastructure assets in a research context. The emphasis is on how blockchain and digital twin technologies can be applied to improve asset maintenance activities. Following a systematic review of the existing literature and the development of a model, the research methodology involves the use of structured questionnaires and semi-structured interviews—a mixed-methods approach based on operational data on the asset's functionality. The findings from the asset data suggest that the adoption of blockchain and digital twin technologies substantially enhances the effective functionality of assets installed in telecoms-based stations. However, the intricacy of integrating these 4IR technologies with conventional assets, as well as evidence from questionnaires and interviews, further suggests that they provide a foundation for the digitalization of maintenance methods, resulting in substantial improvements in operational and maintenance effectiveness and efficiency. The blockchain and digital twin technologies accelerate a predictive maintenance method by proactively identifying unexpected asset failures, thereby lowering mean time to repair and operating expenditures.

本文研究了如何利用第四次工业革命(4IR)技术,特别是区块链和数字孪生技术来应对能源供应挑战,并加强对分布式电信基础设施资产的管理。重点是区块链和数字孪生技术如何应用于改善资产维护活动。在系统回顾现有文献和开发模型之后,研究方法包括使用结构化问卷和半结构化访谈——一种基于资产功能操作数据的混合方法。资产数据的结果表明,采用区块链和数字孪生技术大大提高了安装在电信站的资产的有效功能。然而,将这些4IR技术与传统资产整合的复杂性,以及来自问卷调查和访谈的证据进一步表明,它们为维护方法的数字化奠定了基础,从而大大提高了运营和维护的有效性和效率。区块链和数字孪生技术通过主动识别意外资产故障,加速了预测性维护方法的发展,从而缩短了平均维修时间和运营支出。
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引用次数: 0
State Capture—Institutionalized Corruption of the South African Revenue Service 国家俘获——南非税务局的制度化腐败
IF 3.2 Q3 BUSINESS Pub Date : 2025-08-01 DOI: 10.1002/tie.70018
Jennifer H. Heckel, Prescott C. Ensign

This study provides valuable insight for scholars, practitioners, and government officials on how a local office of a respected international consulting firm became associated with allegations of illicit influence and state capture. The article presents how political and business leaders used a government agency, the South African Revenue Service (SARS), to gain power, amass wealth, and find protection from prosecution. It outlines how illegal actions by public officials sworn to uphold justice and the rule of law harmed the Republic of South Africa. It also examines how a consulting firm that values integrity and trustworthiness contributed to questionable decisions by state officials. The impact at SARS included: bypassing government procurement procedures; restructuring and staffing that dismantled tax code enforcement; distributing public funds into private hands; and avoiding public accountability. The study concludes with a synopsis of the multiple investigations and implications for ethical behavior in an era of institutionalized state capture.

本研究为学者、从业人员和政府官员提供了宝贵的见解,使他们了解一家受人尊敬的国际咨询公司的当地办事处如何与非法影响和国家俘获的指控联系在一起。这篇文章展示了政治和商业领袖如何利用政府机构——南非税务局(SARS)来获取权力、积累财富,并寻求免于起诉的保护。它概述了宣誓维护正义和法治的公职人员的非法行为如何损害了南非共和国。它还审查了一家重视诚信和可信赖的咨询公司是如何促成国家官员做出可疑决定的。非典的影响包括:绕过政府采购程序;重组和人员配置,取消了税法的执行;将公共资金分配到私人手中;避免公共责任。该研究总结了在一个制度化的国家俘获时代的多重调查和道德行为的含义。
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引用次数: 0
Board Gender Diversity and Sustainable Innovation in Emerging Market Multinational Enterprises: Do Country-Level Institutions Matter? 新兴市场跨国企业董事会性别多样性与可持续创新:国家层面的制度是否重要?
IF 3.2 Q3 BUSINESS Pub Date : 2025-07-31 DOI: 10.1002/tie.70023
Darius Ikyanyon, Egena Ode, Rabake Nana, Terungwa Paul Joseph Jato

There is little research attention on the antecedents of sustainable innovation (SI) in emerging market multinational enterprises (EMNEs). This study, therefore, considers the effect of board gender diversity on SI in EMNEs. We combine upper echelons and institutional theories to examine the influence of board gender diversity and country-level institutional factors on SI. Our analysis of a 10-year (2013–2022) panel data of EMNEs from 19 countries reveals a positive effect of board gender diversity on SI. Our study also reveals that country-level institutional factors such as governance effectiveness, control of corruption, and gender parity index moderate the positive association between board gender diversity and SI. Our study contributes to the literature on SI by providing insights on how board gender diversity and institutional quality enhance investments in SI. The managerial implications of our research are discussed.

对新兴市场跨国企业可持续创新前因的研究较少。因此,本研究考虑了董事会性别多样性对EMNEs中SI的影响。我们结合上层理论和制度理论来研究董事会性别多样性和国家层面的制度因素对科学创新的影响。我们对来自19个国家的EMNEs的10年(2013-2022)面板数据进行了分析,发现董事会性别多样性对SI有积极影响。国家层面的制度因素如治理有效性、腐败控制和性别平等指数调节了董事会性别多样性与科学创新之间的正相关关系。我们的研究通过提供关于董事会性别多样性和机构质量如何促进科学研究投资的见解,为科学研究文献做出了贡献。讨论了本研究的管理意义。
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引用次数: 0
Strategic International Marketing: Strategy Development and Implementation (2nd ed.). By Carl Arthur Solberg and Håvard Huse, Abingdon, Oxon; New York, NY: Routledge, 2024. 418 pp. $43.99 (Paperback) ISBN: 978-1-03-246773-3 战略国际营销:战略发展与实施(第2版)。作者:卡尔·阿瑟·索尔伯格和哈马瓦德·豪斯,奥克森州阿宾顿;纽约:劳特利奇出版社,2024年。418页,$43.99(平装)ISBN: 978-1-03-246773-3
IF 3.2 Q3 BUSINESS Pub Date : 2025-07-30 DOI: 10.1002/tie.70022
Shirlei Cristiane de Oliveira, Leonardo Colares Castro
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引用次数: 0
Unraveling Institutional Logics, Institutional Context and Perceived Corruption: Findings From Sub-Saharan African MNE Subsidiaries 揭示制度逻辑、制度背景和感知腐败:来自撒哈拉以南非洲跨国公司子公司的调查结果
IF 3.2 Q3 BUSINESS Pub Date : 2025-07-30 DOI: 10.1002/tie.70010
Konstantinos Tsanis, Vasilios Stouraitis

There is an evidenced scarcity of micro-level research integrating perspectives on structure and agency to theorize how corruption manifests at an individual, organizational, and institutional level phenomenon. We address this gap by exploring qualitatively whether there is evidence of an overriding role of the institutional context over the institutional logic, evidence of conforming to conflicting institutional logics in the same organization, and evidence of the effect of bounded rationality, bounded reliability, and the MNE subsidiary institutional logics in tackling corruption. Data was collected conducting 42 semi-structured interviews on 7 MNE subsidiaries from 7 distinct MNEs operating in four Sub-Saharan African countries (Mauritius, Ghana, Kenya, and Nigeria). Results reveal how deeply ingrained corruption makes strict compliance costly, how headquarters' enforcement of mandates is perceived as weak, and how short-term performance pressures additionally complicate compliance. Our findings advance the literature on institutional logics via multiple contributions highlighted; Firstly, evidence of the overriding role of the Sub-Saharan institutional context over the institutional logic. Secondly, evidence of the support behind the co-existence of conflicting institutional logics in the MNE subsidiary. Finally, the effect of bounded rationality/reliability of MNE and subsidiary institutional logics in tackling corruption is highlighted.

有证据表明,缺乏微观层面的研究,从结构和机构的角度来理论腐败如何在个人、组织和制度层面上表现出来。我们通过定性地探讨是否有证据表明制度背景比制度逻辑更重要,是否有证据表明在同一组织中符合冲突的制度逻辑,是否有证据表明有限理性、有限可靠性和跨国公司附属制度逻辑在解决腐败问题方面的作用,来解决这一差距。数据是通过42次半结构化访谈收集的,访谈对象是在撒哈拉以南非洲四个国家(毛里求斯、加纳、肯尼亚和尼日利亚)运营的7家不同跨国公司的7家子公司。调查结果揭示了根深蒂固的腐败如何使严格的合规成本高昂,总部如何被视为执行任务不力,以及短期绩效压力如何使合规复杂化。我们的研究结果通过多个突出的贡献推进了制度逻辑的文献;首先,有证据表明撒哈拉以南地区的制度背景对制度逻辑起着压倒一切的作用。其次,跨国公司子公司冲突制度逻辑共存背后的支持证据。最后,强调了跨国公司有限理性/可靠性和附属制度逻辑在治理腐败中的作用。
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引用次数: 0
The Influence of German Development Cooperation on Foreign Direct Investment Decisions of German Investors 德国发展合作对德国投资者对外直接投资决策的影响
IF 3.2 Q3 BUSINESS Pub Date : 2025-07-28 DOI: 10.1002/tie.70019
Kweku Adams, Yaëlle Graefe, Gideon Aboagye

This study critically examines the relationship between the neo-liberal economic ideas about development cooperation, overseas development assistance and foreign direct investment (FDI). Specifically, it explores how Germany's neo-liberal Marshall Plan with Africa influences the investment decisions of German companies in Africa. The analysis is based on in-depth semi-structured key informant interviews conducted with German companies, business associations and development cooperation institutions active in Côte d'Ivoire—one of the largest French-speaking countries in Africa. This paper introduces reputational and network effects of development cooperation on FDI into the mainstream international business literature. This contribution is illustrated by showing how the reputational and network effects of development cooperation provide a clear signal to the German firms an improved image of the host country due to its reform partner status. The study also extends the development economic view that new forms of development cooperation can significantly impact FDI. It further contributes to the location-specific factors within the entry strategy literature by suggesting that development cooperation and a country's reputation are critical in shaping firm-level decisions and government policy for most emerging economies seeking to attract FDI.

本研究批判性地考察了发展合作、海外发展援助和外国直接投资(FDI)等新自由主义经济理念之间的关系。具体而言,它探讨了德国对非洲的新自由主义马歇尔计划如何影响德国公司在非洲的投资决策。该分析基于对在非洲最大的法语国家之一科特迪瓦(Côte)活动的德国公司、商业协会和发展合作机构进行的深入的半结构化关键线人访谈。本文将发展合作对FDI的声誉效应和网络效应引入主流国际商业文献。通过展示发展合作的声誉和网络效应如何向德国公司提供一个明确的信号来说明这一贡献,即东道国由于其改革伙伴地位而改善了形象。该研究还扩展了发展经济学的观点,即新的发展合作形式可以显著影响外国直接投资。它进一步对进入战略文献中的特定地点因素作出贡献,表明发展合作和一个国家的声誉对大多数寻求吸引外国直接投资的新兴经济体形成公司一级决策和政府政策至关重要。
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引用次数: 0
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Thunderbird International Business Review
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