A Taxonomy of Potential Contributions of the Host Country National Local Liaison Role in Global Knowledge Management

This article builds on the existing conceptualization of multinational corporation (MNC) knowledge management by exploring the critical liaison role played by host country nationals (HCNs), especially those working directly with expatriate managers. We first discuss this proposed HCN local liaison role between expatriate and local employees within theoretical constructs of network theory and absorptive capacity. Then we present a model of five possible important HCNL role componentsÑincluding cultural interpreter, communication manager, information resource broker, talent manager, and internal change agentÑand related specific behavioral functions for each component. We also consider benefits and limitations of this HCN local liaison role, as well as areas for future research to help elucidate and validate this present model of the HCN local liaison role. This model also provides some practical guidance to assist multinational organizations in taking advantage of this potentially valuable liaison role for enhancing performance in host‐country operations. © 2014 Wiley Periodicals, Inc.     

Private information revelation in common-value auctions

When a seller has information that could help bidders to estimate asset value, a dictum of auction theory has been that all such information should be publicly announced to bidders. The possibility of privately revealing this information to one or more bidders is introduced. Seller in some circumstances may attain higher expected revenue through revealing his information privately. Examples show that the role of private revelation is more complex than simply generating bidder asymmetry.     

Perceived Benefits and Challenges to Wine Tourism Involvement: An International Perspective

This study extends institutional theory as a lens through which to critically examine the perceived benefits and potential challenges of developing wine tourism. The study applies an international perspective, with 471 participating wineries predominantly located in Italy and Spain. Fundamentally, the promotion of the winery's wines, distantly followed by the potential to significantly increase wine sales emerge as the main benefits winery respondents perceive from wine tourism. However, realizing these outcomes is not assured because of barriers including airport security checks, anti‐drink‐drive laws and limited physical resources. The implications from the findings are discussed, and opportunities for future research identified. Copyright © 2013 John Wiley & Sons, Ltd.