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Sustainable value creation in multinational enterprises: The role of corporate governance actors 跨国企业可持续价值创造:公司治理行动者的作用
IF 8.9 1区 管理学 Q1 Economics, Econometrics and Finance Pub Date : 2023-10-18 DOI: 10.1016/j.jwb.2023.101503
Nikolaos Kavadis , Niels Hermes , Jana Oehmichen , Alessandro Zattoni , Stav Fainshmidt

Multinational enterprises (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 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.

人们越来越期望跨国企业在崎岖的全球环境中克服重要障碍的同时,使其全球业务具有可持续性。在这篇前瞻性文章中,我们认为,关注其公司治理(CG)参与者——即所有者、董事和高管——是理解跨国公司可持续价值创造前提的关键。我们发展了一种以行动者为中心的跨国公司视角,通过这种视角,CG行动者固有的和围绕着CG行动者的因素——例如,他们的认知、个性和价值观,以及他们的互动和治理——将决定他们的有限理性和有限可靠性的普遍性,从而影响,以及在何种条件下,这些关键行为者将通过其决策为可持续价值创造做出贡献。我们的观点推动了新兴的以行动者为中心的跨国公司非市场战略研究,包括企业社会责任和可持续性。探索与可持续价值创造相关的个人层面变化(仅次于企业、行业和国家层面的变化)的根本机制,可能有助于理论发展,最终为解释跨国公司的战略行为和可持续绩效开辟新的天地。为此,我们制定了未来的研究建议。
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引用次数: 1
Institutional fragility and internationalization of Indian firms: Moderating effects of inward FDI and linkages 制度脆弱性与印度企业的国际化:外来直接投资和联系的调节作用
IF 8.9 1区 管理学 Q1 Economics, Econometrics and Finance Pub Date : 2023-10-04 DOI: 10.1016/j.jwb.2023.101502
Vikrant Shirodkar , Rishika Nayyar , Sumati Varma

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.

在本文中,我们利用制度和组织学习理论,认为印度国内的制度脆弱性会影响印度企业的国际化,因此来自更脆弱地区的企业的国际化水平可能较低。我们还认为,这种影响会受到内向(行业层面)外国直接投资(FDI)和内向(企业层面)与外国企业联系的调节。我们基于对 2008-2018 年间 707 家印度企业的分析来验证我们的假设。我们的研究为研究新兴经济体制度进步的复杂性、速度和一致性及其对企业国际化影响的文献做出了贡献。
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引用次数: 0
Escaping the rut: Bridging research on expatriate and organizational newcomer adjustment 逃离常规:外派人员与组织新人适应的桥接研究
IF 8.9 1区 管理学 Q1 Economics, Econometrics and Finance Pub Date : 2023-10-01 DOI: 10.1016/j.jwb.2023.101486
Mihaela Dimitrova , John Kammeyer-Mueller , Margaret A. Shaffer , Marlene Gruber

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.

为了“摆脱窠臼”,狭隘地将外派适应作为一种心理状态来关注,我们查阅了有关组织新人适应的文献。从这个角度出发,我们将关于动态社会和主动发展过程的理论和实证概念扩展到外籍人士适应的研究中。我们对这两篇文献的综合综述为一个新的、动态的研究框架提供了基础,也为未来的外派适应研究和组织新移民文献的见解提供了有希望的途径。我们的目标是丰富外派管理的研究,并促进这两个学科之间的交流。
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引用次数: 0
Reconsidering, refashioning, and reconceptualizing research methodology in international business 国际商务研究方法论的重新思考、重塑和概念化
IF 8.9 1区 管理学 Q1 Economics, Econometrics and Finance Pub Date : 2023-10-01 DOI: 10.1016/j.jwb.2023.101488
Andrew Delios , Catherine Welch , Bo Nielsen , Herman Aguinis , Chris Brewster

We introduce this Journal of World Business 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 IB theory and practice.

我们介绍本期《世界商业杂志》关于国际商业(IB)研究方法论进展的特刊。由于技术的进步和更大、更深、多层次数据的可用性,有必要重新考虑、重塑和重新概念化IB研究方法。为此,我们讨论了民族志、多层次建模、文本分析和多模态数据、视觉方法、机器学习、适应定性研究中的多样性以及众包。IB领域的未来是光明的,因为它可以为组织和社会做出几乎无限的贡献。但是,为了继续这样做,我们必须调整和重新思考我们的“研究商业模式”:我们思考、进行研究和报告结果的方式,以做出有意义的贡献并影响IB理论和实践。
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引用次数: 1
Family firm internationalization and top management team collaboration: Roles, emotional attachment, and risk perceptions 家族企业国际化与高层管理团队合作:角色、情感依恋与风险认知
IF 8.9 1区 管理学 Q1 Economics, Econometrics and Finance Pub Date : 2023-10-01 DOI: 10.1016/j.jwb.2023.101489
Julia de Groote, Moritz Feninger, Nadine Kammerlander

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.

本研究考察了由家族所有者-经理人(FOMs)和非家族经理人(NFMs)组成的高层管理团队(TMTs)内的合作如何影响国际化决策。基于一个定性的多案例研究,我们确定了TMT成员所扮演的四个角色:驱动者(典型的fom)、专家(fom和nfm都有)、边界制定者(典型的nfm)和管理员(典型的nfm)。我们理论化了角色、情感依恋和风险感知的一致性如何促进国际化决策,而在不一致的情况下产生摩擦并阻碍决策。本研究对家族企业国际化的研究和新兴的TMT结构研究都有贡献。
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引用次数: 0
Exogenous shocks and MNEs: Learning from pandemics, conflicts, and other major disruptions 外来冲击和跨国公司:从流行病、冲突和其他重大干扰中吸取教训
IF 8.9 1区 管理学 Q1 Economics, Econometrics and Finance Pub Date : 2023-10-01 DOI: 10.1016/j.jwb.2023.101487
Luciano Ciravegna , David Ahlstrom , Snejina Michailova , Chang Hoon Oh , Ajai Gaur

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 Journal of World Business 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.

外生冲击长期以来一直是全球经济的一个特征,但近年来变得尤为突出。本期《世界商业杂志》特刊探讨了以2019冠状病毒病大流行和俄罗斯-乌克兰冲突等频繁破坏国际商业环境的事件为特征的新常态转变。在这篇特刊导论中,我们讨论了IB文献如何处理外生冲击。我们认为,可以从历史和全球南方国家的跨国公司的经验中吸取重要的教训。我们还建议未来的研究方向以外生冲击、国际商业和跨国企业为中心。
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引用次数: 2
Speaking of diversity: Can linguistic structural differences explain cultural values toward equity, diversity, and inclusion across the globe? 谈到多样性:语言结构差异能否解释全球公平、多样性和包容性的文化价值观?
IF 8.9 1区 管理学 Q1 Economics, Econometrics and Finance Pub Date : 2023-09-29 DOI: 10.1016/j.jwb.2023.101501
Karoline M. Summerville , Victor Zitian Chen , Amir Shoham , Vasyl Taras

We theorize that linguistic grammar structures related to gender, pronoun use, and politeness distinctions influence individuals’ cultural values toward diversity, including masculinity, collectivism, and power distance, respectively. Based on first-handed data collected from a large sample of individuals (N = 9,058) who speak various native languages, our analysis shows that languages require speakers to arrange words according to linguistic grammar structures that govern how team members perceive equity, diversity, and inclusion. Our study suggests that language is a salient source of diversity that can shape belief systems toward diversity, even after controlling for more commonly studied diversity dimensions.

我们认为,与性别、代词使用和礼貌区分相关的语言语法结构会影响个体对多样性的文化价值观,分别包括男子气概、集体主义和权力距离。基于从讲各种母语的大样本(N=9058)中收集的第一手数据,我们的分析表明,语言要求说话者根据语言语法结构排列单词,这些语法结构决定了团队成员如何感知公平、多样性和包容性。我们的研究表明,语言是多样性的一个重要来源,即使在控制了更常见的多样性维度后,语言也可以塑造走向多样性的信仰体系。
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引用次数: 0
The interplay of international alliance and subsidiary portfolios: Implications for firms’ innovation and financial performance 国际联盟和子公司组合的相互作用:对企业创新和财务绩效的影响
IF 8.9 1区 管理学 Q1 Economics, Econometrics and Finance Pub Date : 2023-09-21 DOI: 10.1016/j.jwb.2023.101500
Mariia Koval , Viacheslav Iurkov , Gabriel R.G. Benito

The benefits of having an internationally diverse alliance portfolio are well known. However, the challenges remain overlooked, especially the potential to curb firms’ international expansion beyond such alliances. Building on global connectivity literature, we study how firms’ international footprint through their foreign subsidiaries is affected by the geographical spread of their international alliances. Using data on a sample of U.S. high-tech firms, we find that this relationship follows a U-shaped pattern and is contingent on alliance portfolio geographic distance and firms’ absorptive capacity for internationalization. Deviations from the optimal international footprint lower firms’ innovation and financial performance.

拥有国际多元化的联盟投资组合的好处是众所周知的。然而,这些挑战仍然被忽视,尤其是遏制企业在此类联盟之外的国际扩张的潜力。在全球互联互通文献的基础上,我们研究了企业通过其外国子公司的国际足迹如何受到其国际联盟地理分布的影响。利用美国高科技企业样本数据,我们发现这种关系遵循U型模式,取决于联盟投资组合的地理距离和企业的国际化吸收能力。偏离最佳国际足迹会降低企业的创新和财务绩效。
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引用次数: 0
From cultural intelligence to workgroup inclusion through synchrony preference and perceived workgroup similarity 从文化智力到工作组包容,通过同步偏好和感知工作组相似性
IF 8.9 1区 管理学 Q1 Economics, Econometrics and Finance Pub Date : 2023-09-15 DOI: 10.1016/j.jwb.2023.101490
Amy E. Randel, Valerie Alexandra

Inclusion is an important consideration for international firms to fully realize their strategic human resources, yet there is limited research on how international business competencies relate to perceived inclusion. This study proposes and tests a social identity-based framework about how cultural intelligence relates to perceived inclusion through the mediating effects of synchrony preference and perceived workgroup similarity (in work styles and cultures/ethnicities). Support was found for this model based on data from a three-wave time-lagged study of working professionals. These findings offer theoretical contributions to several literatures and provide international organizations with practical knowledge about perceived inclusion in diverse workgroups.

包容性是国际公司充分实现其战略人力资源的一个重要考虑因素,但关于国际商业能力与感知包容性之间的关系的研究有限。本研究提出并测试了一个基于社会身份的框架,即文化智力如何通过同步偏好和感知的工作组相似性(在工作风格和文化/种族中)的中介作用与感知的包容性相关。基于对在职专业人员的三波时间滞后研究的数据,发现了对该模型的支持。这些发现为一些文献提供了理论贡献,并为国际组织提供了关于不同工作组中感知包容性的实际知识。
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引用次数: 0
Using field and quasi experiments and text-based analysis to advance international business theory 利用领域和准实验以及基于文本的分析来推进国际商业理论
IF 8.9 1区 管理学 Q1 Economics, Econometrics and Finance Pub Date : 2023-08-01 DOI: 10.1016/j.jwb.2023.101463
Ravi S. Ramani , Herman Aguinis

Methodological developments are critical for driving theoretical advancements in international business (IB) due to the field's diversity regarding disciplinary, theoretical, and conceptual bases. We provide an accessible introduction to two methodological approaches—one related to design and one to analysis—that are currently underutilized in IB despite their great potential: (a) field and quasi experiments, and (b) text-based analysis. We describe each method and provide examples of how they can be used to make advancements in several IB domains and theories including internationalization process theory; ownership, location, internalization (OLI) paradigm; knowledge-based view of multinational enterprises; dynamic capability theory; and international entrepreneurship.

由于该领域在学科、理论和概念基础方面的多样性,方法论的发展对于推动国际商务(IB)的理论进步至关重要。我们提供了两种方法学方法(一种与设计有关,另一种与分析有关)的通俗介绍,尽管它们具有巨大的潜力,但目前在IB中未得到充分利用:(a)现场和准实验,以及(b)基于文本的分析。我们描述了每种方法,并提供了如何使用它们在几个IB领域和理论中取得进展的例子,包括国际化过程理论;所有权、位置、内部化(OLI)范式;跨国企业的知识基础观动态能力理论;以及国际企业家精神。
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引用次数: 2
期刊
Journal of World Business
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