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1.
The development of entrepreneurship in China 总被引:2,自引:1,他引:1
In this paper, we provide an overview of the extant research on the development of entrepreneurship in China. This research
focus is a relatively recent phenomenon since China’s market transition started from late 1978. We review the literature over
the 26 years from 1980 through 2005, as published in 11 leading English-language academic journals. We identify 68 articles
from this review and analyze them based on the research subjects, methods, and firm types. From this review, and integrating
with research on market transitions, we propose a three-stage model of market transitions that has important implications
for entrepreneurship research in transition economies.
Jing Yu Yang (PhD, Hong Kong University of Science & Technology) is Assistant professor of international business discipline at The University of Sydney. Her current research interests include management and organization issues in emerging economies, entrepreneurship, MNC strategy, organizational learning and change, and inter-firm networks. Jiaotao Li (PhD, University of Texas at Dallas) is Professor and Head of the Department of Management of Organizations, Hong Kong University of Science and Technology. His current research interests are in the areas of strategy, organization theory, and entrepreneurship, with a focus on issues related to global firms and those from emerging economies. Professor Li has published in journals such as The Academy of Management Journal, The Strategic Management Journal, Organization Science, and Journal of International Business Studies. 相似文献
Jiatao LiEmail: |
Jing Yu Yang (PhD, Hong Kong University of Science & Technology) is Assistant professor of international business discipline at The University of Sydney. Her current research interests include management and organization issues in emerging economies, entrepreneurship, MNC strategy, organizational learning and change, and inter-firm networks. Jiaotao Li (PhD, University of Texas at Dallas) is Professor and Head of the Department of Management of Organizations, Hong Kong University of Science and Technology. His current research interests are in the areas of strategy, organization theory, and entrepreneurship, with a focus on issues related to global firms and those from emerging economies. Professor Li has published in journals such as The Academy of Management Journal, The Strategic Management Journal, Organization Science, and Journal of International Business Studies. 相似文献
2.
Meyer (2006) has offered an interesting array of initiatives that scholars in Asia can pursue in enhancing their contribution
to the body of management knowledge. While the objective of his agenda seems timely and relevant, it raises some fundamental
questions that encompass issues such as the scope of research questions that Asian researchers could pursue, the debate over
rigor versus relevance, and the role of established top tier journals in furthering the Asian management research agenda.
This paper discusses some of these issues in the spirit of fostering a continued dialog on the important questions that Meyer
raises.
Kannan Ramaswamy (PhD, Virginia Polytechnic Institute and State University) is a William D. Hacker Chair Professor of Management at Thunderbird. His current research interests focus on issues such as the evolution of multinationals from developing countries and the role of business groups in emerging economies. He has taught in academic programs at several leading global institutions and in executive development programs for many of the world’s leading companies. 相似文献
Kannan RamaswamyEmail: |
Kannan Ramaswamy (PhD, Virginia Polytechnic Institute and State University) is a William D. Hacker Chair Professor of Management at Thunderbird. His current research interests focus on issues such as the evolution of multinationals from developing countries and the role of business groups in emerging economies. He has taught in academic programs at several leading global institutions and in executive development programs for many of the world’s leading companies. 相似文献
3.
Change and continuity in Japanese corporate governance 总被引:7,自引:5,他引:2
Previous studies on Japanese corporate governance were largely based on the agency theory framework, and can be seen as attempts
to understand the unique monitoring mechanisms in the Japanese context. This paper briefly reviews prior research and then
discusses the recent changes in the environment that have been affecting Japanese corporate governance. Our central argument
is that there is both change and continuity in Japanese Corporate Governance. We also present emerging research from an institutional
theory perspective. In this line of research, corporate governance is treated as part of a nation’s institutional framework
and hence, researchers need to understand unique institutional arrangements that affect corporate governance practices and
their change or continuity.
Toru Yoshikawa (PhD, York University) is Associate Professor of International Business and Strategic Management at DeGroote School of Business, McMaster University. His main research interest is corporate governance, especially its relation to corporate strategy and performance in large publicly listed firms and in family-owned firms. His research has been published or is forthcoming in such journals as the Strategic Management Journal, Organization Science, Academy of Management Journal, Journal of Management, Journal of Business Venturing, and Asia Pacific Journal of Management. This is Professor Yoshikawa’s 4th contribution to APJM. Jean McGuire (PhD, Cornell University) is the William Rucks IV Professor of Management at the E. J. Ourso College of Business, Louisiana State University. Her research interests are corporate governance, including executive compensation, transparency and disclosure, and patterns of ownership. Her research has appeared or is forthcoming in such journals as the Academy of Management Journal, Organization Science, Journal of International Business Studies, Journal of Management, and Asia Pacific Journal of Management. This is Professor McGuire’s 2nd contribution to APJM. 相似文献
Jean McGuireEmail: |
Toru Yoshikawa (PhD, York University) is Associate Professor of International Business and Strategic Management at DeGroote School of Business, McMaster University. His main research interest is corporate governance, especially its relation to corporate strategy and performance in large publicly listed firms and in family-owned firms. His research has been published or is forthcoming in such journals as the Strategic Management Journal, Organization Science, Academy of Management Journal, Journal of Management, Journal of Business Venturing, and Asia Pacific Journal of Management. This is Professor Yoshikawa’s 4th contribution to APJM. Jean McGuire (PhD, Cornell University) is the William Rucks IV Professor of Management at the E. J. Ourso College of Business, Louisiana State University. Her research interests are corporate governance, including executive compensation, transparency and disclosure, and patterns of ownership. Her research has appeared or is forthcoming in such journals as the Academy of Management Journal, Organization Science, Journal of International Business Studies, Journal of Management, and Asia Pacific Journal of Management. This is Professor McGuire’s 2nd contribution to APJM. 相似文献
4.
Xiaohua Yang Yi Jiang Rongping Kang Yinbin Ke 《Asia Pacific Journal of Management》2009,26(1):141-162
This paper integrates institution-, industry-, and resource-based views of internationalization and demonstrates that industrial
characteristics, firm resources, and institutional factors can significantly explain the differences and similarities of international
expansion of Chinese and Japanese multinational enterprises (MNEs). In particular, this paper maps the growth of Chinese MNEs
since economic reforms in 1978 and that of Japanese MNEs after World War II. We illustrate the similarities and differences
between Chinese and Japanese MNEs with two case studies: foreign direct investment (FDI) of Haier and Matsushita. We suggest
that how firms internationalize, in addition to being influenced by industry- and resource-based considerations, is inherently
shaped by the domestic and international institutional frameworks governing these endeavors.
Xiaohua Yang (PhD, University of Kansas) is a Senior Lecturer in the School of Management at Queensland University of Technology. She has presented and published her work in the leading management journals and conferences around the world. She has taught in the United States, Australia, China, and Taiwan and lectured in Europe. Her research interests are in the areas of global strategy, expatriate management and corporate social responsibility. Her current research is on internationalization of firms in emerging markets. Yi Jiang (PhD, The Ohio State University) is an Assistant Professor at California State University, East Bay. She has published her research in leading management journals and presented her papers in management conferences. Her research interests are in the areas of international business, corporate strategy and corporate governance. Her recent research interests include privatization and corporate governance in emerging economies. Rongping Kang is a Senior Researcher at Institute of World Economics & Politics, Chinese Academy of Social Sciences. His research interests are in the areas of Chinese corporate strategy. His current research is on internationalization of Chinese firms. Yinbin Ke is an Assistant Chief Editor, Peking University Business Review. He graduated from Dalian University of Technology with a BSc. His research interests are in the areas of Chinese corporate strategy. His current research is on internationalization of Chinese firms. 相似文献
Yinbin KeEmail: |
Xiaohua Yang (PhD, University of Kansas) is a Senior Lecturer in the School of Management at Queensland University of Technology. She has presented and published her work in the leading management journals and conferences around the world. She has taught in the United States, Australia, China, and Taiwan and lectured in Europe. Her research interests are in the areas of global strategy, expatriate management and corporate social responsibility. Her current research is on internationalization of firms in emerging markets. Yi Jiang (PhD, The Ohio State University) is an Assistant Professor at California State University, East Bay. She has published her research in leading management journals and presented her papers in management conferences. Her research interests are in the areas of international business, corporate strategy and corporate governance. Her recent research interests include privatization and corporate governance in emerging economies. Rongping Kang is a Senior Researcher at Institute of World Economics & Politics, Chinese Academy of Social Sciences. His research interests are in the areas of Chinese corporate strategy. His current research is on internationalization of Chinese firms. Yinbin Ke is an Assistant Chief Editor, Peking University Business Review. He graduated from Dalian University of Technology with a BSc. His research interests are in the areas of Chinese corporate strategy. His current research is on internationalization of Chinese firms. 相似文献
5.
It has long been recognized that there is a tradeoff between exploration and exploitation. How organizations utilize resources
across time and space will affect firm survival and growth. In this paper, we examine resource utilization and performance
implications over time in an environment undergoing fundamental institutional transformation. Based on a large archive of
Chinese government data from 1988, 1992, and 1996, the study finds that (1) the impact of resource utilization is contingent
on the degree to which different resources are committed to factors of production, (2) the impact is curvilinear and only
valid within an “optimal” range, and (3) the performance implications change over time. As firms enter later stages of the
transitional process, efficiency becomes less important as they shift their strategic focus from exploitation to exploration,
which requires more flexibility. These findings have significant bearing on the issue of upgrading technological competitiveness
in China as the country becomes increasingly integrated in the global economy. Such insights may also have implications for
other emerging economies in Asia.
Justin Tan (PhD, Virginia Tech) is professor of management and the Newmont Endowed Chair in Business Strategy in the Schulich School of Business at York University in Canada. He is also a Distinguished Visiting Professor in the Guanghua School of Management at Peking University in China. He received the US Fulbright Distinguished Professorship and served in China from 2005 to 2006. Yong Zeng (PhD, Tsinghua University) is professor of finance in the College of Economics and Management at the University of Electronic Science and Technology in China. His research interests include financial engineering, corporate finance and capital market, economic forecasting and strategic decisions. His works have been published in major academic journals. 相似文献
Justin TanEmail: |
Justin Tan (PhD, Virginia Tech) is professor of management and the Newmont Endowed Chair in Business Strategy in the Schulich School of Business at York University in Canada. He is also a Distinguished Visiting Professor in the Guanghua School of Management at Peking University in China. He received the US Fulbright Distinguished Professorship and served in China from 2005 to 2006. Yong Zeng (PhD, Tsinghua University) is professor of finance in the College of Economics and Management at the University of Electronic Science and Technology in China. His research interests include financial engineering, corporate finance and capital market, economic forecasting and strategic decisions. His works have been published in major academic journals. 相似文献
6.
Venture capital in China: Past,present, and future 总被引:8,自引:6,他引:2
This article reviews the literature on venture capital in China and examines where China’s venture capital industry has been
and where it is likely to go in the future. Since the 1980s, venture capital in China has grown steadily alongside the robust
national economy. The future is likely to offer even greater opportunities, as entrepreneurs are encouraged and property rights
improve. However, there will also be a period of transition as the market continues to mature and as new legal structures
and commercial arrangements emerge. Venture capital in China has many interesting differences from that in Western countries.
The venture capital industry is shaped by the institutional context and China is no exception to this. This article also examines
some specific differences between the system in China and that of the United States. Future prospects for venture capital
are also appraised as China continues its transition to a market economy.
David Ahlstrom (PhD, New York University) is a professor in the Management Department at The Chinese University of Hong Kong where he has taught for 11 years in international management and human resources. His research interests include international management and entrepreneurship in emerging economies. Professor Ahlstrom has published over 50 refereed articles in publications such as The Academy of Management Review, the Journal of Business Venturing, and Asia Pacific Journal of Management where he is currently a senior editor. Garry D. Bruton (PhD, Oklahoma) is a professor of entrepreneurship at the Neeley School of Business at Texas Christian University. His research focuses on entrepreneurship in emerging markets. He has published over 50 academic articles in journals such as The Academy of Management Journal, Strategic Management Journal, and Asia Pacific Journal of Management. Professor Bruton has also co-authored two textbooks published by Thomson-Southwestern. He is currently an associate editor of the Academy of Management Perspectives and is a senior editor of the Asia Pacific Journal of Management. Kuang S. Yeh (PhD, Carnegie Mellon) is a professor and chairman of the Department of Business Management at the National Sun Yat-Sen University in Kaohsiung, Taiwan. His areas of interest are in organization theory, corporate governance, business ethics, and entrepreneurship and venture capital. Professor Yeh has published in journals such as the Journal of World Business, International Business Review and a number of academic journals in Taiwan. He is currently studying issues of firm growth and change in China’s and Taiwan’s private enterprises. 相似文献
Kuang S. YehEmail: |
David Ahlstrom (PhD, New York University) is a professor in the Management Department at The Chinese University of Hong Kong where he has taught for 11 years in international management and human resources. His research interests include international management and entrepreneurship in emerging economies. Professor Ahlstrom has published over 50 refereed articles in publications such as The Academy of Management Review, the Journal of Business Venturing, and Asia Pacific Journal of Management where he is currently a senior editor. Garry D. Bruton (PhD, Oklahoma) is a professor of entrepreneurship at the Neeley School of Business at Texas Christian University. His research focuses on entrepreneurship in emerging markets. He has published over 50 academic articles in journals such as The Academy of Management Journal, Strategic Management Journal, and Asia Pacific Journal of Management. Professor Bruton has also co-authored two textbooks published by Thomson-Southwestern. He is currently an associate editor of the Academy of Management Perspectives and is a senior editor of the Asia Pacific Journal of Management. Kuang S. Yeh (PhD, Carnegie Mellon) is a professor and chairman of the Department of Business Management at the National Sun Yat-Sen University in Kaohsiung, Taiwan. His areas of interest are in organization theory, corporate governance, business ethics, and entrepreneurship and venture capital. Professor Yeh has published in journals such as the Journal of World Business, International Business Review and a number of academic journals in Taiwan. He is currently studying issues of firm growth and change in China’s and Taiwan’s private enterprises. 相似文献
7.
Real options and MNE strategies in Asia Pacific 总被引:1,自引:1,他引:0
Asia Pacific offers a lot of promising growth opportunities, but it also presents high levels of uncertainty for multinational
enterprises (MNEs). In this paper, we introduce real options theory as a theory of investment under uncertainty, and we discuss
its implications for MNEs and their strategies with a focus on the emerging economies in Asia Pacific. We suggest that MNEs
must recognize the various sources of uncertainty, as well as the various options embedded in their investments, and real
options theory can help them structure and design their investments to benefit from uncertainty. In particular, MNEs need
to develop the dynamic capabilities of managing real options in their investments to respond to the evolving economic and
institutional environment in the region. This paper also provides several implications for policy makers in Asia Pacific to
stimulate investment activities in the region and to help their firms venture successfully in the international market place.
Tony W. Tong is an Assistant Professor of Strategic Management at the Leeds School of Business at the University of Colorado. He obtained his Ph.D. from The Ohio State University. His current research applies real options theory to study firms’ corporate development activities and growth initiatives. His research in these areas has been published or accepted in journals such as the Academy of Management Journal, the Journal of International Business Studies, and Organization Science. Jing Li is an Assistant Professor of International Business at the Faculty of Business Administration at Simon Fraser University, Canada. Her research focuses on alliance activities in China, capability building of Chinese firms, and applications of real options theory to international strategy. Her research in these areas has appeared in the Journal of World Business, Advances in Strategic Management, and Managerial and Decision Economics. 相似文献
Jing LiEmail: |
Tony W. Tong is an Assistant Professor of Strategic Management at the Leeds School of Business at the University of Colorado. He obtained his Ph.D. from The Ohio State University. His current research applies real options theory to study firms’ corporate development activities and growth initiatives. His research in these areas has been published or accepted in journals such as the Academy of Management Journal, the Journal of International Business Studies, and Organization Science. Jing Li is an Assistant Professor of International Business at the Faculty of Business Administration at Simon Fraser University, Canada. Her research focuses on alliance activities in China, capability building of Chinese firms, and applications of real options theory to international strategy. Her research in these areas has appeared in the Journal of World Business, Advances in Strategic Management, and Managerial and Decision Economics. 相似文献
8.
The impact of state shares on corporate innovation strategy and performance in China 总被引:4,自引:2,他引:2
This paper examines the impact of state shares on corporate innovation strategy and performance in the People’s Republic of
China (PRC). Through an investigation of 541 publicly traded companies in five high-tech industries during the period between
2000 and 2005, we find that the presence of state shares have a positive effect on the corporate choice of a process innovation
strategy over a product innovation one. However, this relationship is moderated by the overall ownership concentration ratio.
Moreover, our findings suggest that companies with large state shares prefer to conduct innovations independently rather than
collaboratively with others, and they usually achieve better innovation performance. These findings indicate that the government
play a role as both an investor and a resource allocation coordinator and therefore complicate the relationship between ownership
structure and corporate innovation activities.
Erming Xu (PhD, Renmin University of China) is a professor of management at the School of Business in Renmin University of China. His research interests include corporate governance mechanisms and performance in China, state shares with corporate innovation strategy, Asian business strategy in the emerging markets. His work has appeared in premier journals such as Management World, China Industrial Economy, etc. He is editor of Management Review, Nankai Business Review, R&D Management, Chinese Journal of Management, and Economic Management. He serves as the associate chair of the Chinese Academy of Business Management, and also an independent director of China Telecom Corporation Limited. Han Zhang (PhD, Capital University of Economics and Business) is a lecturer of management at School of Business Management in Capital University of Economics and Business. Her research interests include strategic management and innovation. Her work has appeared in Economic Theory and Business Management and Contemporary Finance & Economics. 相似文献
Han Zhang (Corresponding author)Email: |
Erming Xu (PhD, Renmin University of China) is a professor of management at the School of Business in Renmin University of China. His research interests include corporate governance mechanisms and performance in China, state shares with corporate innovation strategy, Asian business strategy in the emerging markets. His work has appeared in premier journals such as Management World, China Industrial Economy, etc. He is editor of Management Review, Nankai Business Review, R&D Management, Chinese Journal of Management, and Economic Management. He serves as the associate chair of the Chinese Academy of Business Management, and also an independent director of China Telecom Corporation Limited. Han Zhang (PhD, Capital University of Economics and Business) is a lecturer of management at School of Business Management in Capital University of Economics and Business. Her research interests include strategic management and innovation. Her work has appeared in Economic Theory and Business Management and Contemporary Finance & Economics. 相似文献
9.
National and corporate culture differences in international strategic alliances: Perceptions of Chinese partners 总被引:3,自引:3,他引:0
We consider the effect of national culture and corporate culture differences on the management of international strategic
alliances (ISAs). Findings are based on the perceptions of a relatively large sample of Chinese partner firms in ISAs with
foreign partners. We find that differences in national culture and corporate culture have contributed to a similar extent
to differing views on ISA management. However, findings indicate that differences in national culture and corporate culture
have a differential impact on aspects of ISA management. Perception of national culture and corporate culture differences
and the contribution of those differences to differing views on the management of ISAs are greater in relatively younger ISAs
compared with older ISAs. Managers in equity-based ISAs report fewer problems with culture related impediments to managing
ISAs than managers in non-equity-based ISAs.
Li Dong is a Lecturer in International Business at School of Management, Royal Holloway, University of London. He received his MSc in International Management from University of Reading, UK. He previously worked in a major global bank in China, and holds a professional certification in International Banking. His current research interests include strategic and managerial issues pertaining to international strategic alliances, the management of multinational enterprises, direct foreign investment, and business strategies in China. Keith W. Glaister is Dean of the Management School, University of Sheffield, and Professor of International Strategic Management. His main research focus is on the analysis of the formation, partner selection, management and performance of international joint ventures and strategic alliances. 相似文献
Keith W. GlaisterEmail: |
Li Dong is a Lecturer in International Business at School of Management, Royal Holloway, University of London. He received his MSc in International Management from University of Reading, UK. He previously worked in a major global bank in China, and holds a professional certification in International Banking. His current research interests include strategic and managerial issues pertaining to international strategic alliances, the management of multinational enterprises, direct foreign investment, and business strategies in China. Keith W. Glaister is Dean of the Management School, University of Sheffield, and Professor of International Strategic Management. His main research focus is on the analysis of the formation, partner selection, management and performance of international joint ventures and strategic alliances. 相似文献
10.
Asli M. Colpan 《Asia Pacific Journal of Management》2008,25(4):635-665
This study examines the dynamic relationships between product and international diversification, keiretsu financing, and economic
performance of the listed firms in Japan’s textile industry. Panel data analysis shows that the performance effects of those
strategic factors are contingent on macroeconomic environments, rather than showing consistent relationships. The potentially
positive or negative effects of particular diversification strategies and keiretsu financing are neutralized in the munificent
environments, as exogenous macroeconomic factors overwhelm endogenous decision-making by the management. In the scarce setting,
by contrast, it is those strategic factors that influence financial outcomes. Keiretsu financing moderates the relationship
between international diversification strategy and profitability positively only during times of economic scarcity.
Asli M. Colpan (PhD, Kyoto Institute of Technology and Kyoto University) is currently Research Fellow at the Institute for Technology, Enterprise and Competitiveness, Doshisha University and Senior Research Associate at the Graduate School of Management, Kyoto University. Her research interests include corporate strategy, corporate governance and especially the evolution of large enterprises in industrial and emerging economies. Her work has been published in such journals as Industrial and Corporate Change, Asian Business and Management and The Kyoto Economic Review. 相似文献
Asli M. ColpanEmail: |
Asli M. Colpan (PhD, Kyoto Institute of Technology and Kyoto University) is currently Research Fellow at the Institute for Technology, Enterprise and Competitiveness, Doshisha University and Senior Research Associate at the Graduate School of Management, Kyoto University. Her research interests include corporate strategy, corporate governance and especially the evolution of large enterprises in industrial and emerging economies. Her work has been published in such journals as Industrial and Corporate Change, Asian Business and Management and The Kyoto Economic Review. 相似文献
11.
As institutional transitions in emerging economies intensify, the basis for competition is theorised to move from relationship-based
to market-based. An in-depth analysis of the strategy of the Salim Group, one of the largest ethnic Chinese conglomerates
in the Asia-Pacific region, supports the view that the strategy of this conglomerate can be understood as moving between the
extremes of crony capitalism (the relationship-based model) and the existing Western norms for multinational business (the
market-based model). Both models are essential for its success, but the former, relationship-based model seems more important
in early times and the latter, market-based model becomes more significant during recent institutional changes. We also find
evidence that the strategic movement between those extremes takes the form of irregular oscillatory dynamics.
Marleen Dieleman is Assistant Professor and Assistant Dean at the Leiden University School of Management in The Netherlands. She is currently finishing her PhD on the Salim Group at Leiden University. Her research interests include global strategy, intercultural management and Asian management. She presently focuses on ethnic Chinese business groups. Marleen holds a master degree in business administration from the Rotterdam School of Management, Netherlands, and has previously worked as a management consultant and as a project manager for international development cooperation programmes for the Dutch ministry of Foreign Affairs. Wladimir M. Sachs is Director of Research at ESC Rennes School of Business, and Visiting Professor at the Leiden University School of Management. He was director of TEMA School of Technology and Management, an undergraduate business program jointly operated by Reims Management School and Ecole Nationale des Ponts et Chaussées. Previously he was on the Faculty of Wharton School and of Rotterdam School of Management, as well as high-tech entrepreneur, manager and management consultant to companies and other organisations in the United States, Latin America and Europe. He holds a PhD in management from the Wharton School and a DEA (advanced post-masters degree) in mathematics from the University of Paris at Orsay. Dr. Sachs lived in seven countries, speaks six natural languages and several computer dialects. 相似文献
Wladimir SachsEmail: |
Marleen Dieleman is Assistant Professor and Assistant Dean at the Leiden University School of Management in The Netherlands. She is currently finishing her PhD on the Salim Group at Leiden University. Her research interests include global strategy, intercultural management and Asian management. She presently focuses on ethnic Chinese business groups. Marleen holds a master degree in business administration from the Rotterdam School of Management, Netherlands, and has previously worked as a management consultant and as a project manager for international development cooperation programmes for the Dutch ministry of Foreign Affairs. Wladimir M. Sachs is Director of Research at ESC Rennes School of Business, and Visiting Professor at the Leiden University School of Management. He was director of TEMA School of Technology and Management, an undergraduate business program jointly operated by Reims Management School and Ecole Nationale des Ponts et Chaussées. Previously he was on the Faculty of Wharton School and of Rotterdam School of Management, as well as high-tech entrepreneur, manager and management consultant to companies and other organisations in the United States, Latin America and Europe. He holds a PhD in management from the Wharton School and a DEA (advanced post-masters degree) in mathematics from the University of Paris at Orsay. Dr. Sachs lived in seven countries, speaks six natural languages and several computer dialects. 相似文献
12.
Our study investigates the effect of Japanese horizontal keiretsu group membership on firm risk and return. Like prior studies,
our results show that horizontal keiretsu membership has a negative effect on firm profitability. However, we find that horizontal
keiretsu networks are likely to increase the gap between targeted and realized returns, which we call the outcome–aspiration gap. Moreover, in contrast to prior studies, our results indicate that keiretsu membership does not enable member firms to reduce
risks by smoothing profitability. Instead, our findings provide evidence that is counter to the conventional notion that Japanese
horizontal keiretsu allows their member firms to trade off profits for reduced risk.
Takehiko Isobe is Professor of Management at the Research Institute for Economics and Business Administration, Kobe University. He received his PhD from Keio University. His research interests include the effects of search behavior and strategic changes on corporate performance. He has published his research in the Academy of Management Journal, Strategic Management Journal, and Journal of International Business Studies. His research received the 2004 Best Paper Awards from the Asia Academy of Management. Shige Makino is Professor at the Department of Management in the Chinese University of Hong Kong. He received his PhD from the Richard Ivey School of Business, University of Western Ontario. His current research focuses on investigating the effects of non-economic factors on economic activities in international business practices. His research has appeared in leading journals such as Academy of Management Journal, Asia Pacific Journal of Management, Journal of International Business Studies, Strategic Management Journal, and Organization Science among others. He is the vice president of the Association of Japanese Business Studies and has been serving as editorial board member in many international journals. Anthony Goerzen earned his PhD from the Richard Ivey School of Business, University of Western Ontario. His research interests center on multinational enterprises, more specifically the organizational and performance effects of interfirm networks, cross-border alliances, and geographic locations. He has published his research in the Strategic Management Journal, Management International Review, Academy of Management Executive, and Journal of Small Business and Entrepreneurship. Aside from several book chapters, he has also written a book entitled Networks and Location based on his doctoral thesis which won the Udayan Rege Best Dissertation Award 2000–2002 (a biannual PhD thesis competition held by the Administrative Science Association of Canada) and was selected into the final four of the Gunnar Hedlund Best Dissertation Award 2002 (sponsored by the Institute of International Business and the European International Business Association) as well as the Barry Richman Best Dissertation Award 2002 (sponsored by the Academy of Management). 相似文献
Anthony GoerzenEmail: |
Takehiko Isobe is Professor of Management at the Research Institute for Economics and Business Administration, Kobe University. He received his PhD from Keio University. His research interests include the effects of search behavior and strategic changes on corporate performance. He has published his research in the Academy of Management Journal, Strategic Management Journal, and Journal of International Business Studies. His research received the 2004 Best Paper Awards from the Asia Academy of Management. Shige Makino is Professor at the Department of Management in the Chinese University of Hong Kong. He received his PhD from the Richard Ivey School of Business, University of Western Ontario. His current research focuses on investigating the effects of non-economic factors on economic activities in international business practices. His research has appeared in leading journals such as Academy of Management Journal, Asia Pacific Journal of Management, Journal of International Business Studies, Strategic Management Journal, and Organization Science among others. He is the vice president of the Association of Japanese Business Studies and has been serving as editorial board member in many international journals. Anthony Goerzen earned his PhD from the Richard Ivey School of Business, University of Western Ontario. His research interests center on multinational enterprises, more specifically the organizational and performance effects of interfirm networks, cross-border alliances, and geographic locations. He has published his research in the Strategic Management Journal, Management International Review, Academy of Management Executive, and Journal of Small Business and Entrepreneurship. Aside from several book chapters, he has also written a book entitled Networks and Location based on his doctoral thesis which won the Udayan Rege Best Dissertation Award 2000–2002 (a biannual PhD thesis competition held by the Administrative Science Association of Canada) and was selected into the final four of the Gunnar Hedlund Best Dissertation Award 2002 (sponsored by the Institute of International Business and the European International Business Association) as well as the Barry Richman Best Dissertation Award 2002 (sponsored by the Academy of Management). 相似文献
13.
Knowledge management and innovation strategy in the Asia Pacific: Toward an institution-based view 总被引:6,自引:6,他引:0
The emergence of knowledge-intensive society has changed the nature of business competition. Knowledge management becomes
an important managerial task and formulating a sound innovation strategy is an integral part of strategic management. Adopting
an institution-based view, this article argues that the institutional environment in the Asia Pacific region plays a multi-faceted
role behind firms’ knowledge management and innovation strategy. Specifically, institutions impose rules for legitimacy, serve
as a source of knowledge, and allocate incentives and resources for innovation. We believe that future research drawing on
the institution-based view has significant potential to advance our understanding of knowledge management and innovation strategy
in Asia Pacific firms.
Yuan Lu (PhD, University of Aston) is a professor at the Chinese University of Hong Kong and works in the areas of corporate diversification, business groups, and institutional entrepreneurship. He is on the editorial board of the Asia Pacific Journal of Management. Eric W. K. Tsang (PhD, University of Cambridge) is an associate professor at the University of Texas at Dallas. He is a Senior Editor of the Asia Pacific Journal of Management, and is on the editorial boards of five other journals, including the Academy of Management Journal and the Academy of Management Review. He has published over 50 journal articles. Mike W. Peng (PhD, University of Washington) is the Provost’s Distinguished Professor of Global Strategy at the University of Texas at Dallas and Editor-in-Chief of the Asia Pacific Journal of Management. His market-leading text, Global Strategy (South-Western Thomson, 2006), has been translated into Chinese and Portuguese, and his new Global Business text (South-Western Cengage Learning, 2009) has recently been launched. 相似文献
Mike W. PengEmail: |
Yuan Lu (PhD, University of Aston) is a professor at the Chinese University of Hong Kong and works in the areas of corporate diversification, business groups, and institutional entrepreneurship. He is on the editorial board of the Asia Pacific Journal of Management. Eric W. K. Tsang (PhD, University of Cambridge) is an associate professor at the University of Texas at Dallas. He is a Senior Editor of the Asia Pacific Journal of Management, and is on the editorial boards of five other journals, including the Academy of Management Journal and the Academy of Management Review. He has published over 50 journal articles. Mike W. Peng (PhD, University of Washington) is the Provost’s Distinguished Professor of Global Strategy at the University of Texas at Dallas and Editor-in-Chief of the Asia Pacific Journal of Management. His market-leading text, Global Strategy (South-Western Thomson, 2006), has been translated into Chinese and Portuguese, and his new Global Business text (South-Western Cengage Learning, 2009) has recently been launched. 相似文献
14.
The adolescence of Asia management research: <Emphasis Type="Italic">APJM</Emphasis>, 1997–2006 总被引:3,自引:3,他引:0
Erin G. Pleggenkuhle-Miles Ramya R. Aroul Sunny Li Sun Yu-Shan Su 《Asia Pacific Journal of Management》2007,24(4):467-489
In this article we reflect on the adolescent years of Asia management research published in the Asia Pacific Journal of Management (APJM) by reviewing work published in the past 10 years (1997–2006). We report that during the last decade, APJM has published 223 research articles, written by 373 different authors, who are affiliated with 203 different institutions.
Our discussion of the future of Asia management research is guided by Kuhn’s (Kuhn, T. S. The structure of scientific revolutions. Chicago: University of Chicago Press, 1962) perspective on the nonlinear progression of science. We argue that as a growing
community, Asia management research is finding its “identity” and establishing its presence in the larger worldwide management
research community. Following our analysis, we conclude that the growth of Asia management research—as captured by APJM publications—throughout its “adolescent” years has set forth a challenging and exciting path for the future.
All authors contributed equally. We thank Mike Peng (Editor-in-Chief) for his encouragement and advice. This work was completed
when Yu-Shan Su was a Fulbright visiting scholar at the University of Texas at Dallas (UTD). She thanks the Fulbright Association
and the Taiwanese Ministry of Education for partially funding this work.
Erin G. Pleggenkuhle-Miles is a PhD student in International Management Studies at the University of Texas at Dallas. Her research interests include institutional effects on firm strategies and rural entrepreneurship. Ramya R. Aroul is a PhD student in International Management Studies at the University of Texas at Dallas. Her research interests include organization strategy and evolution of new industries in emerging economies and rural entrepreneurship. Sunny Li Sun is a PhD student in International Management Studies at the University of Texas at Dallas. His research interests include strategy on internationalization, M&A, alliance network and innovation. Yu-Shan Su (PhD, National Taiwan University) is Assistant Professor of International Business at Chang Jung Christian University, Tainan, Taiwan. During 2006–07, she was a Fulbright visiting scholar at the University of Texas at Dallas. Her research interests are innovation and knowledge management in organizations and R&D management in the biotechnology and pharmaceutical industry. 相似文献
Erin G. Pleggenkuhle-MilesEmail: |
Ramya R. AroulEmail: |
Sunny Li SunEmail: |
Yu-Shan Su (Corresponding author)Email: |
Erin G. Pleggenkuhle-Miles is a PhD student in International Management Studies at the University of Texas at Dallas. Her research interests include institutional effects on firm strategies and rural entrepreneurship. Ramya R. Aroul is a PhD student in International Management Studies at the University of Texas at Dallas. Her research interests include organization strategy and evolution of new industries in emerging economies and rural entrepreneurship. Sunny Li Sun is a PhD student in International Management Studies at the University of Texas at Dallas. His research interests include strategy on internationalization, M&A, alliance network and innovation. Yu-Shan Su (PhD, National Taiwan University) is Assistant Professor of International Business at Chang Jung Christian University, Tainan, Taiwan. During 2006–07, she was a Fulbright visiting scholar at the University of Texas at Dallas. Her research interests are innovation and knowledge management in organizations and R&D management in the biotechnology and pharmaceutical industry. 相似文献
15.
This commentary on Klaus Meyer’s article, “Asian Management Research Needs More Self-confidence,” in the Asia Pacific Journal of Management (2006), discusses the need for Asian management research to look beyond the pressures for publication in top-tier, Western
scholarly academic journals. We reflect on our nearly two decades of research on Russian management to illustrate many of
Meyer’s ideas and insights in a different transition economy. We support his call for more context-specific research that
can also offer contributions to global management knowledge as well as indigenous management practice.
Sheila M. Puffer (PhD, University of California, Berkeley) is Professor of International Business at Northeastern University, and a Fellow at the Davis Center for Russian Studies at Harvard University. A former editor of The Academy of Management Executive, her research and publications focus primarily on management in Russia’s transition economy. Her more than 150 publications include numerous journal articles, as well as books including The Russian Management Revolution, Business and Management in Russia, The Russian Capitalist Experiment, and Corporate Governance in Russia. She also holds a diploma from the Plekhanov Institute of the National Economy, Moscow. Daniel J. McCarthy (DBA, Harvard University) is the Alan S. McKim and Richard A. D’Amore Distinguished Professor of Global Management and Innovation at Northeastern University, and is a Fellow at the Davis Center for Russian Studies at Harvard University. His research and publications center on strategic management, entrepreneurship, and corporate governance, particularly in Russia’s transition economy. He has more than 85 publications, including numerous journal articles, and four editions of Business Policy and Strategy, as well as Business and Management in Russia, The Russian Capitalist Experiment, and Corporate Governance in Russia. 相似文献
Daniel J. McCarthyEmail: |
Sheila M. Puffer (PhD, University of California, Berkeley) is Professor of International Business at Northeastern University, and a Fellow at the Davis Center for Russian Studies at Harvard University. A former editor of The Academy of Management Executive, her research and publications focus primarily on management in Russia’s transition economy. Her more than 150 publications include numerous journal articles, as well as books including The Russian Management Revolution, Business and Management in Russia, The Russian Capitalist Experiment, and Corporate Governance in Russia. She also holds a diploma from the Plekhanov Institute of the National Economy, Moscow. Daniel J. McCarthy (DBA, Harvard University) is the Alan S. McKim and Richard A. D’Amore Distinguished Professor of Global Management and Innovation at Northeastern University, and is a Fellow at the Davis Center for Russian Studies at Harvard University. His research and publications center on strategic management, entrepreneurship, and corporate governance, particularly in Russia’s transition economy. He has more than 85 publications, including numerous journal articles, and four editions of Business Policy and Strategy, as well as Business and Management in Russia, The Russian Capitalist Experiment, and Corporate Governance in Russia. 相似文献
16.
Meta-analyzing ownership concentration and firm performance in Asia: Towards a more fine-grained understanding 总被引:11,自引:11,他引:0
Pursey?P.?M.?A.?R.?Heugens Marc?van?Essen J.? van?Oosterhout 《Asia Pacific Journal of Management》2009,26(3):481-512
We present a meta-analysis of the relationship between concentrated ownership and firm financial performance in Asia. At the
cross-national level of analysis, we find a small but significant positive association between both variables. This finding
suggests that in regions with less than perfect legal protection of minority shareholders, ownership concentration is an efficient
corporate governance strategy. Yet, a focus on this aggregate effect alone conceals the existence of true heterogeneity in
the effect size distribution. We purposefully model this heterogeneity by exploring moderating effects at the levels of owner
identity and national institutions. Regarding owner identity, we find that our focal relationship is stronger for foreign
than for domestic owners, and that pure “market” investors outperform “stable” or “inside” owners whom are multiply tied to
the firm. Regarding institutions, we find that a certain threshold level of institutional development is necessary to make
concentrated ownership an effective corporate governance strategy. Yet we also find that strong legal protection of shareholders
makes ownership concentration inconsequential and therefore redundant. Finally, in jurisdictions where owners can easily extract
private benefits from the corporations they control, the focal relationship becomes weaker, presumably due to minority shareholder
expropriation.
Pursey P. M. A. R. Heugens (PhD, Erasumus University) is a professor of organization theory at the Rotterdam School of Management, Erasmus University. His research interests include bureaucracy and institutional theories of organization, comparative corporate governance, and business ethics. Marc van Essen is a PhD student at the Rotterdam School of Management, Erasmus University. He holds an MSc degree in economics and law from Utrecht University. His research interests include shareholder activism, comparative corporate governance, and meta-analytic research methods. J. (Hans) van Oosterhout (PhD, Erasumus University) is a professor of corporate governance and responsibility at the Rotterdam School of Management, Erasmus University. His research interests include the positive and normative theory of organizations and institutions, comparative corporate governance and management and governance of professional service firms. 相似文献
J. (Hans) van OosterhoutEmail: |
Pursey P. M. A. R. Heugens (PhD, Erasumus University) is a professor of organization theory at the Rotterdam School of Management, Erasmus University. His research interests include bureaucracy and institutional theories of organization, comparative corporate governance, and business ethics. Marc van Essen is a PhD student at the Rotterdam School of Management, Erasmus University. He holds an MSc degree in economics and law from Utrecht University. His research interests include shareholder activism, comparative corporate governance, and meta-analytic research methods. J. (Hans) van Oosterhout (PhD, Erasumus University) is a professor of corporate governance and responsibility at the Rotterdam School of Management, Erasmus University. His research interests include the positive and normative theory of organizations and institutions, comparative corporate governance and management and governance of professional service firms. 相似文献
17.
Sea-Jin Chang 《Asia Pacific Journal of Management》2006,23(4):407-417
Business groups played an important role in the economic development of East Asian countries. Yet business groups in East
Asia face an uncertain future. Following the Asian Crisis, foreign creditors and investors have demanded that business groups
have more transparent operations and stronger corporate governance. At the same time, as governments in East Asia have loosened
trade barriers, business groups have become subject to intense competition in domestic markets. This paper argues that business
groups can survive or even prosper by taking initiatives in corporate restructuring. This paper also highlights some areas
for further research on business groups in this region.
Sea-Jin Chang is currently Kumho Asiana Group Chaired Professor of Business Administration, Korea University. He received his PhD in management from the Wharton School of the University of Pennsylvania. Previously, he was a faculty member of New York University. He also had visiting appointments at Stanford, INSEAD, and London Business School. Professor Chang is primarily interested in the management of diversified multinational enterprises. His research interests include diversification, corporate restructuring, foreign direct investment organizational learning, corporate growth through joint ventures and acquisitions, and comparative management studies of Japan, Korea and China. 相似文献
Sea-Jin ChangEmail: |
Sea-Jin Chang is currently Kumho Asiana Group Chaired Professor of Business Administration, Korea University. He received his PhD in management from the Wharton School of the University of Pennsylvania. Previously, he was a faculty member of New York University. He also had visiting appointments at Stanford, INSEAD, and London Business School. Professor Chang is primarily interested in the management of diversified multinational enterprises. His research interests include diversification, corporate restructuring, foreign direct investment organizational learning, corporate growth through joint ventures and acquisitions, and comparative management studies of Japan, Korea and China. 相似文献
18.
Research rankings of Asia Pacific business schools: Global versus local knowledge strategies 总被引:3,自引:3,他引:0
Despite the increasing recognition of the importance of the research mission of universities, no previous work has investigated
the research productivity and research strategies of Asia Pacific business schools. This article fills this important gap
by conducting the first study to rank the publication productivity of 130 Asia Pacific business schools. Drawing on data from
the UTD Top 100 Business School Research Rankings™ and several additional sources, we rank Asia Pacific business schools’
research productivity in three areas: (1) twenty-four leading business journals, (2) seven top management journals, and (3)
five Asia Pacific management journals. We also extend this analysis by documenting the distinct publishing strategies of various
Asia Pacific business schools—global, local, or both.
Ram Mudambi (PhD, Cornell University) is Professor and Perelman Senior Research Fellow at Temple University and Visiting Professor of International Business at the University of Reading. His research interests focus on knowledge/innovation management and international entrepreneurship. Mike W. Peng (PhD, University of Washington) is the Provost’s Distinguished Professor of Global Strategy at the University of Texas at Dallas and Editor-in-Chief of the Asia Pacific Journal of Management. His research interests are global strategy, international business, and emerging economies. David H. Weng is a PhD student at the University of Texas at Dallas. His research interests include institutional theory and international management. 相似文献
David H. WengEmail: |
Ram Mudambi (PhD, Cornell University) is Professor and Perelman Senior Research Fellow at Temple University and Visiting Professor of International Business at the University of Reading. His research interests focus on knowledge/innovation management and international entrepreneurship. Mike W. Peng (PhD, University of Washington) is the Provost’s Distinguished Professor of Global Strategy at the University of Texas at Dallas and Editor-in-Chief of the Asia Pacific Journal of Management. His research interests are global strategy, international business, and emerging economies. David H. Weng is a PhD student at the University of Texas at Dallas. His research interests include institutional theory and international management. 相似文献
19.
Social capital and cross-selling within financial holding companies in an emerging economy 总被引:3,自引:3,他引:0
Social capital is the goodwill available to individuals or groups from their network of relationships. It is widely believed
that social capital is useful in facilitating and governing hazardous transactions. But how social capital, in the context
of a financial holding company (FHC), actually facilitates cross-selling is unknown, especially in an emerging economy. This
article maintains that effective cross-selling requires an FHC to first access and accumulate comprehensive and tacit customer-specific
knowledge (the “where from” condition) and then share and leverage this knowledge to other applicable business opportunities
(the “where to” condition). The role of social capital and embedded ties is found to be critical to this process. Finally,
we argue that the major route for the effective cross-selling within an FHC is from the commercial banking division to the
underwriting division. Hypotheses are tested on the transactional data collected from Taiwan, and empirical results provide
broad support for our arguments.
Cheng-Min Chuang (PhD, University of Washington) is Professor of International Business at National Taiwan University. His research interests include international joint venture and cooperation, organization and coordination in multinational enterprise, knowledge transfer, and the internationalization of service industries, particularly in the contexts of Taiwan and other Asia Pacific areas. Chih-Pin Lin (PhD, National Taiwan University) is Assistant Professor at the Department of Business Administration, Aletheia University, Taiwan. His research focuses on the strategic alliance and the management of financial institutions and manufacturing firms in Taiwan. He is also interested in knowledge management in multinational enterprises. 相似文献
Chih-Pin Lin (Corresponding author)Email: |
Cheng-Min Chuang (PhD, University of Washington) is Professor of International Business at National Taiwan University. His research interests include international joint venture and cooperation, organization and coordination in multinational enterprise, knowledge transfer, and the internationalization of service industries, particularly in the contexts of Taiwan and other Asia Pacific areas. Chih-Pin Lin (PhD, National Taiwan University) is Assistant Professor at the Department of Business Administration, Aletheia University, Taiwan. His research focuses on the strategic alliance and the management of financial institutions and manufacturing firms in Taiwan. He is also interested in knowledge management in multinational enterprises. 相似文献
20.
Adoption of professional management in Chinese family business: A multilevel analysis of impetuses and impediments 总被引:3,自引:3,他引:0
Building upon the market, institutional, and cultural perspectives, this paper identifies the major impetuses and impediments
that affect the professionalization of Chinese family business at the environment, firm, and owner levels. Our integrative
framework projects that whether a family business owner will adopt professional managers is largely determined by the relative
strength of impetus factors and impediment factors. We then discuss the possible governance choices under different configuration
of impetuses and impediments. This theoretical framework is expected to help set the momentum for further conceptual exploration
and empirical study in this area.
Jianjun Zhang (PhD, University of California at Berkeley) is an assistant professor at Guanghua School of Management, Peking University. His interests include entrepreneurship, firm governance, and political strategy of Chinese private firms. He is the author of Marketization and democracy in China and a number of articles. Hao Ma (PhD, University of Texas at Austin) is a professor of management at University of Illinois at Springfield, and professor of management and director of Academic Committee at Beijing International MBA Program, China Center for Economic Research, Peking University. His research interests include the nature and cause of competitive advantage, competitive analysis, strategic decision making, leadership style, and the entrepreneurial process, especially the exploration of the above topics in international setting. He has published in Academy of Management Review, Journal of Business Venturing, Journal of International Management, and Organization Dynamics, among others. 相似文献
Hao MaEmail: |
Jianjun Zhang (PhD, University of California at Berkeley) is an assistant professor at Guanghua School of Management, Peking University. His interests include entrepreneurship, firm governance, and political strategy of Chinese private firms. He is the author of Marketization and democracy in China and a number of articles. Hao Ma (PhD, University of Texas at Austin) is a professor of management at University of Illinois at Springfield, and professor of management and director of Academic Committee at Beijing International MBA Program, China Center for Economic Research, Peking University. His research interests include the nature and cause of competitive advantage, competitive analysis, strategic decision making, leadership style, and the entrepreneurial process, especially the exploration of the above topics in international setting. He has published in Academy of Management Review, Journal of Business Venturing, Journal of International Management, and Organization Dynamics, among others. 相似文献