Distance and divestment of Korean MNC affiliates: the moderating role of entry mode and experience

In this study, we examine the impact of cross-national distance on the divestment of foreign affiliates. On the basis of the nine dimensions of cross-national distance (Berry et al. 2010. “An Institutional Approach to Cross-National Distance.” Journal of International Business Studies 41 (9): 1460-1480), we empirically examine the impact of each measure of distance on the divestment of affiliates. Using a data set of 1697 multinational corporations (MNCs) headquartered in Korea and their 2435 affiliates in 67 host countries from 2000 to 2010, we find that distance created by economic, financial, political, administrative, cultural, demographic, knowledge and global connectedness leads to the divestment of foreign affiliates. We also find that the positive relationship between cross-national distance and affiliate divestment is likely to become stronger when an MNC enters the host country through a joint venture and weaker for affiliates with greater experience in the host country.     

A Framework for Ethical Conformity in Marketing

The extant marketing literature provides little guidance for theory development or practice with regard to questions of ethical conformity and the resulting market response. To begin to bridge this research gap, we advance a theoretical framework of ethical conformity in marketing, appealing to marketing ethics, management strategy, and sociological foundations. We set the stage for our theoretical arguments by considering the role of normative expectations related to marketing practices and behaviors held by societal constituents. Against this backdrop, we propose drivers of conformity in marketing, including practices consistent with both overconformity and underconformity. The framework allows us to advance testable research propositions by which questions of ethical conformity may be explored. We conclude by suggesting additional future research needed to develop the domain, specifically in the form of empirical inquiries uncovering firm strategic decisions with ethical implications. Kelly D. Martin is Assistant Professor of Marketing at Colorado State University in Fort Collins, Colorado. Her research interests involve marketing strategy with ethical implications, interfirm relationships, the role of marketing in society, and the effects of institutions, social norms, and culture on organizations. Her work has appeared in the Academy of Management Journal, the Journal of Business Ethics, and Business & Society. Jean L. Johnson is the Gardner O. Hart Professor of Marketing at Washington State University in Pullman, Washington. Her research focuses on marketing strategy, interfirm relationships, and capabilities and learning in firms. Her work appears in the Journal of Marketing, the Academy of Management Journal, and Journal of International Business Studies, among others.     

Emerging market multinationals’ role in facilitating developed country multinationals’ regional expansion: A critical review of the literature and Turkish MNC examples

The recent expansion of emerging market multinationals into world markets has generated a rich literature. While this literature has addressed the potential motivations, behaviors, and strategic implications of these firms’ moves abroad, their possible role as facilitating agents in regional expansion has not been adequately explored. In this paper, we explore this question through a critical review of the literature and examples from Turkish multinationals. We also offer questions for future research.     

跨国公司在华业务整合研究

近年来，较早进入中国的一批跨国公司开始对其在华业务进行全面整合。本文首先提出了跨国公司在华业务整合的现象和问题，随之介绍了跨国公司在华业务整合的主要方式，最后对跨国公司在华业务整合的内涵进行了分析。     

中国东部沿海跨国公司投资效率比较研究

利用参数随机前沿生产函数研究了1995～2003年中国东部沿海10个省市跨国公司直接投资的技术效率,结果表明,在研究的样本期间,中国东部沿海省市跨国公司投资的技术效率有逐年下降的趋势,而且地区间跨国公司投资的技术效率差异也在逐年扩大,其中,长三角地区已经取代珠三角成为中国跨国公司投资技术效率最高的地区.跨国公司直接投资技术效率下降原因在于资本的过度深化与跨国公司直接投资技术溢出的不足,因此,制订合适的人力资源政策,加快直接投资的技术外溢是提高跨国公司投资技术效率的有效途经.     

生态足迹与区域生态适度人口——以西部12省市为例

一个区域生态适度人口的确定取决于区域生态承载力与区域人口对生态资源的需求.介绍了生态足迹模型的基本概念和计算方法,并运用该模型对中国西部12省、直辖市、自治区生态适度人口进行了估算.中国目前已经出现过度人口和生态赤字,但在较低社会经济发展水平和低消费的条件下,西部地区具有相对较小的人地矛盾,生态赤字较小,目前的人口规模基本可认为是合理的.随着西部开发的进程,西部省区正在并将持续面临严重的生态压力.     

新世纪跨国公司全球经营网络在中国发展的特征分析

中国加入WTO后,对外贸易呈现出崭新的面貌。跨国公司从投资力度和投资规模、投资化或控股运作形式,并购手段、区域总部进入、本土化进程等战略,有计划、有步骤地扩大在中国投资。在跨国公司进入的同时,我国应培育自己的跨国公司,以实现世界经济强国的目标。     

一种新的服务开发理念:可持续服务创新

随着环保和可持续发展的观念日益深入人心,环保意识和环保消费创造了新的市场需求,不仅在制造业领域,而且在服务业领域都应当重视和实践可持续发展式的经营管理。将可持续发展的思想用于服务创新理论的理念,对实施可持续服务创新具有重要意义。归纳总结可持续服务创新的主要途径,旨在引起服务业对可持续发展思想的足够重视,为实施可持续服务创新提供一定的参考。     

生态伦理:企业营销优势凸显的内在机理剖析

市场经济也是一种道德伦理经济,企业营销必须在一定的伦理规范下才能顺利取得既定目标。随着生态文明的来临,生态脆弱性越来越严重,生态政策约束性越来越紧,消费者生态消费意识渐浓,生态产品与生态技术价值日益凸显,企业营销必须适应这种生态发展趋势,严格遵循相应的生态伦理,主动开展生态化营销,唯有如此,才能实现生态环境约束的内涵式突破,才能实现"天人合一"的有序发展,才能在公众面前树立良好的生态伦理形象,才能在市场竞争中得以优胜。     

生态伦理视角下的民族地区可持续发展研究

民族地区可持续发展是我国构建和谐社会的迫切要求,是国家生态文明建设和解决贫困问题与民族问题的需要。生态伦理观与民族地区的可持续发展具有内在一致性:生态伦理观为民族地区物质文化和精神文化发展提供借鉴;生态伦理的"公平原则"是实现民族地区可持续发展的首要原则;可持续发展观蕴涵和谐共生的生态伦理精神。我国民族地区应在坚持科学发展观的前提下,运用生态伦理理念构建经济可持续发展的运行机制,实现生态文明建设与经济持续和谐发展。     

Rewriting the Bases of Capitalism: Reflexive Modernity and Ecological Sustainability as the Foundations of a New Normative Framework

The debate on sustainable globalized development rests on two clearly stated economic assumptions: that "development" proceeds, solely and inevitably, through industrialization and the proliferation of capital intensive high-technology, towards the creation of service sector economies; and that globalization, based on a neoliberal, capitalist, free market ideology, provides the only vehicle for such development. Sustainability, according to the proponents of globalized development, is merely a function of market forces, which will generate the solutions for all problems including the environmental dilemmas that loom over the globe today. The social focus of globalized development is clearly the "individual" and the much-touted goal of development in the context of these debates, is the emancipation of the individual from want. This glorification of the individual, so characteristic of the Enlightenment, has defined all aspects of modernity, leading to approaches that are self-focused and that give little thought to the needs of society or even the social context. The increasing impoverishment of human life and the growing environmental degradation, however, provide a poignant counterpoint to this onrush of capital interests, demanding a reassessment of sustainability separate from the logic of industrialization and globalized development. This paper examines the unfolding of the logic of capitalism, which underlies the structure of the Rostowian model of development and the problems in the assumptions underlying today's globalized development process. The evident impossibility of sustainability in the current growth-based market system leads to the examination of alternatives including a reflexive understanding of the choices and the inclusion of opportunity costs, related to the social, environmental and economic aspects of decision making. The integration of all factors of production into the logic of development provides a sustainable alternative to the current system.     

湖北固定资产投资可持续性研究

本文从固定资产投资的总量增长、结构优化、效益提升和影响因素几个方面对湖北固定资产投资可持续性问题进行分析。研究结果显示：投资对湖北经济增长的贡献率不断提高,而湖北投资总量增速相对较慢,且缺乏稳定性;投资结构不尽合理,投资的资金来源渠道相对较少,过多地依赖国家预算内资金,投资资金的投向结构与全国整体情况严重趋同,缺乏个性和特色;投资宏观经济效益递减的速度相对高于全国平均水平;政府财政支出增长率是影响湖北固定资产投资的最重要的因素,其次是工业化和城市化水平、经济增长率,利率对投资的影响并不明显。     

Corporate Ethical Identity as a Determinant of Firm Performance: A Test of the Mediating Role of Stakeholder Satisfaction

In this article, we empirically assess the impact of corporate ethical identity (CEI) on a firm’s financial performance. Drawing on formulations of normative and instrumental stakeholder theory, we argue that firms with a strong ethical identity achieve a greater degree of stakeholder satisfaction (SS), which, in turn, positively influences a firm’s financial performance. We analyze two dimensions of the CEI of firms: corporate revealed ethics and corporate applied ethics. Our results indicate that revealed ethics has informational worth and enhances shareholder value, whereas applied ethics has a positive impact through the improvement of SS. However, revealed ethics by itself (i.e. decoupled from ethical initiatives) is not sufficient to boost economic performance. Pascual Berrone is a PhD candidate of the Business Administration and Quantitative Methods Ph.D. program at the Universidad Carlos III de Madrid. His current research interests focus on business ethics, stakeholder theory, and various aspects of the interface between corporate governance mechanisms and corporate social responsibility. His interests also include ethical, environmental and social issues and their impact on firms' overall performance. Dr. Jordi Surroca is an Assistant Professor of Management at the Department of Business Administration at the Universidad Carlos III de Madrid. He holds a PhD in Business Administration and a Licentiate Degree in Business and Economics from Universitat Autònoma de Barcelona. His research interests center on stakeholder management, firm strategy, innovation, and corporate governance. Dr. Josep A. Tribó is Associate Professor of Finance in the Department of Business Administration at the Universidad Carlos III de Madrid. He has a PhD in Economic Analysis from the Universitat Autònoma de Barcelona and a Licenciate Degree in Theoretical Physics by Universitat de Barcelona. His research interests are Corporate Finance and the financing of R&D. His work has been published in journals such as Applied Economics, International Journal of Production Economics.     

可持续发展的生态足迹测度--以合肥为例

生态足迹是可持续发展定量测度的一种新方法 ,反映了人类利用自然的程度。本文在介绍生态足迹的概念及其计算方法的基础上 ,以安徽省合肥市的统计数据 ,计算分析了该地区2 0 0 1年的生态足迹 ,并讨论了其生态赤字产生的原因及可持续发展的应对措施。     

The Spirit of Entrepreneurship and the Qualities of Moral Decision Making: Toward A Unifying Framework

At the heart of entrepreneurship are imagination, creativity, novelty, and sensitivity. It takes these qualities to develop a new product or service and bring it to market, to envision the possible impacts a new product may make and come up with novel and creative solutions to problems that may arise. These qualities go to make up what could be called the spirit of entrepreneurship, a spirit that involves the ability to handle the experimental nature of entrepreunerial activity. These same qualities are crucial for moral decision making, and an ethical approach which emphasizes imagination, creativity, and has an experimental thrust is much better adapted to the entrepreneurial activity and much more relevant to the unique situations that entrepreneurs face. In this sense, the process approach to ethics developed in this article is a unifying framework that brings together the activity of entrepreneurship and moral decision making.     

The Impact of the Multinational in the Development: An Ethical Challenge

Multinational enterprises have continued their increase during the last decades. What these companies do and how they do, determines not only the economic development of countries, but also their social and cultural development. This enormous power implies responsibility and new challenges.If we also take into account the role of multinational enterprises in what has been called sustainable development, we see that their importance is still more decisive.In order to guide the performances of multinational enterprises that operate in developing countries, several supranational organizations like the ILO, the OECD, the EU and the UN have elaborated some recommendations to unify criteria and to set out some minimum standards to favor an integral development of these countries. In this document we present three of those with the greatest impact and we analyze them from the approach of an ethical sustainable human development.     

Codes,Ethics and Cross-Cultural Differences: Stories from the Implementation of a Corporate Code of Ethics in a MNC Subsidiary

In this article, we focus on the cross-cultural aspects of the implementation of an American company’s code of ethics into its Swedish subsidiary. We identify the cross-cultural stories that the receivers in the subsidiary use when trying to explain the parent’s code and conceptualize these stories as part of an emerging narrative of national belonging and differences. The receivers resisted the code by amplifying the importance of national identity. Rather than stimulating a discussion on ethics that might have strengthened the ties between the parent and the subsidiary, the outcome of the code implementation had the opposite effect. The article concludes by stressing the process of implementing codes across cultures rather than code content.     

A Typology of Moral Problems in Business: A Framework for Ethical Management

This paper develops a typology of moral problems in business. The cross-classification of two fundamental dimensions of ethical conduct: judgment and motivation, is employed to distinguish four types of moral problems: genuine dilemmas, compliance problems, moral laxity, and no-problem problems. Actual cases are brought to illustrate each type of problem, and corresponding coping strategies are presented. The paper highlights the need to design a dynamic strategy that will take into account the relationships among different types of ethical problems. In its capacities as both an analytical tool for identifying and clarifying an ethical problem and a strategic tool for handling it, the typology has direct implications for developing ethical awareness, assigning accountability, and unfolding typical rationalizations in business activity.Aviva Geva is senior lecturer in the Open University of Israel, with a Ph.D. in Business Administration from the Hebrew University of Jerusalem. The author of two text books and a monograph (in Hebrew) relating to business ethics and consumer behavior, she has also published a number of articles on issues of attitude change and moral decision making in business.     

Exploring the Effects of Union–NGO Relationships on Corporate Responsibility: The Case of the Swedish Clean Clothes Campaign

In the current era, governments are playing smaller roles in regulating workers’ rights internationally, and transnational corporations (TNCs), non-governmental organisations (NGOs) involved in the struggle for workers’ rights, and labour/trade unions have started to fill this governance gap. This paper focuses on the least researched of the relationships among these three actors, the union–NGO relationship, by analysing the ways in which it affects definitions of TNC responsibility for workers’ rights at their suppliers’ factories. Based on a qualitative study of the union–NGO relationship in the Swedish garment industry between 1996 and 2005, we propose that there are six main configurations of union–NGO relationships. By linking these configurations to their effects on TNC responsibility, we propose that co-ordination relationships between unions and NGOs, particularly high-commitment co-ordination relationships, are likely to result in a broadening of the definition of TNC responsibility, while conflictual relationships, both high and low commitment, result in a narrowing of the definition of TNC responsibility. The study indicates that co-operation is generally more beneficial for both unions and NGOs than is any form of conflictual relationship, in terms of broadening the definition of TNC responsibility.     

基于生态学理论的相关企业互动关系研究

供应链为其上下游相关企业提供了一个互动平台。生态学理论认为供应链上下游企业的互动主要包括竞争、合作和依赖关系。基于上述理论分别构建企业互动关系模型,运用微分方程定性知识对不同模型稳定性进行分析,为模拟以及预测分析供应链组织结构演化提供了理论依据。