共查询到20条相似文献,搜索用时 15 毫秒
1.
Although interest in Corporate Social Responsibility (CSR) in emerging markets has increased in recent years, most research
still focuses on developed countries. The scant literature on the topic, which traditionally suggested that CSR was relatively
underdeveloped in emerging markets, has recently explored the context specificity, suggesting that it is different and reflects
the specific social and political background. This would particularly apply to local companies, not so much to foreign subsidiaries
of multinationals active in emerging markets. Thus far, empirical research that systematically documents a range of CSR activities
of local companies and their performance has been scarce. This paper reports the results of a survey conducted among companies
in the Mexican auto industry. CSR performance was investigated across three dimensions: environmental, labor, and community,
using measures from existing research and global, ‘Western’ standards of practice, to identify the type of CSR activities
and the level of CSR performance that exists, if at all, in the emerging-market context. Results show that local companies
do engage in the type of CSR activities commonly associated with CSR in developed countries. To the extent that comparisons
could be made, our findings also indicate that CSR activities and levels among the sample are comparable to what is known
about CSR in developed-country settings. Moreover, six of the nine CSR dimensions are intercorrelated, which suggests that
CSR in the Mexican auto parts industry is more structural than incidental. 相似文献
2.
《Journal of World Business》2022,57(2):101272
We propose the individual-level microfoundations of subsidiary CEOs in emerging markets as antecedents of the strategic agility of multinational enterprises, and subsidiary embeddedness as a key organizational-level moderator of these relationships. Combining quantitative data on subsidiary CEOs operating in India with qualitative interviews with Italian HQ counterparts, our results suggest that subsidiary CEOs’ tenure in emerging markets, along with their overall experience, affects MNE strategic agility positively. Similarly, CEOs’ cognitive characteristics - problem solving and reasoning, and language and communication skills (individual-level microfoundations) - affected strategic agility positively, while subsidiary embeddedness moderated these relationships in different ways, leaving space for fresh managerial and theoretical considerations. 相似文献
3.
This paper provides the first analysis of the internationalization of venture capital firms through an examination of risk assessment and information usage by firms in India. Personal interviews were conducted with executives in 31 (84%) of the active venture capital firms. The paper extends previous research by comparing perceptions of the behavior of domestic venture capital firms in India, foreign (primarily U.S.) venture capital firms in India and U.S. venture capital firms in their domestic markets. Foreign firms in India place significantly greater emphasis on product market factors and accountants' reports than domestic firms in India. They place significantly less emphasis on financial contributions of management in assessing risk and own due diligence and information from entrepreneurs than do U.S. firms in their domestic market. They make more use of information from trade publications and relating to production capacity and technology and information from accountants' reports than do domestic venture capital firms in India. The evidence is consistent with venture capital firms adapting to local market conditions rather than implementing "recipes" from their domestic markets. 相似文献
4.
5.
Nir Kshetri 《Thunderbird国际商业评论》2011,53(2):247-262
The global financial crisis (GFC) spread from the US and the EU economies to the developing world. In this article, we seek to gain a better understanding of clear contexts, attendant mechanisms, and processes associated with the GFC in China and India. We identify and synthesize the available evidence on the size of the external shock, the cushioning effects, and responses associated with the GFC to propose a framework that enables us to analyze more deeply the antecedents and consequences of the GFC in these two economies. Because of differences in their economic, social, and political backgrounds, China and India have exhibited noteworthy differences in the impacts and responses to the GFC. The findings indicated that trade and investment linkages with the outside world and the degree of personal globalization affected the size of the external shock associated with the GFC. In China's case, a sound macroeconomic policy framework and the state's control on the economy provided a cushion effect, which acted as a buffer to protect the economy against the external shock. China's and India's responses to the GFC included a shift from export‐driven to domestic demand‐led growth and diversion and shift of economic links away from economies associated with the GFC. © 2011 Wiley Periodicals, Inc. 相似文献
6.
ABSTRACTIn this article, the authors review talent management practices in information technology (IT) companies from Russia, India, and China, discussing their differences and similarities. Using the emerging market context, the authors debate the factors influencing talent management, specifically in IT companies. The article examines the relevant research on the main talent management issues in Russia, India, and China, and offers one of the first intercountry comparative analyses of talent management practices in IT companies from emerging markets. The authors argue that although talent management practices are influenced by different institutional and cultural factors, there are similarities and differences that can be explained by the emerging market and industry-specific contexts. 相似文献
7.
8.
《Journal Of Asia-Pacific Business》2013,14(4):35-53
ABSTRACT This paper empirically investigates the X-efficiency and P-efficiencies of Malaysian banks listed in the Kuala Lumpur Stock Exchange (KLSE) during 2002–2003 by applying a non-parametric Data Envelopment Analysis (DEA) method. We find that during the period of study, the X-efficiency of Malaysian listed banks was on average significantly higher compared to the P-efficiencies. The P-inefficiency was largely due to inefficient production of profits rather than the wrong scale of operations. Our results also suggest that the large banking groups were on average more X-efficient whereas the smaller banking groups were found to be more P-efficient. We further link the X-efficiency and P-efficiency to the respective banks' share prices and find that the stock prices of Malaysian banks react more towards the improvements in P-efficiency rather than the improvements in X-efficiency. 相似文献
9.
Nishant B. Labhane 《Journal Of Asia-Pacific Business》2017,18(1):46-80
This article examines the empirical determinants of dividend payout policy for 947 sample firms listed on the Bombay Stock Exchange (BSE) in India from 1995 to 2013. The author identifies three distinct trends in the propensity to pay dividends between 1995 and 2013. The regression analysis suggests that most of the decline is due to the dividend payout policies of smaller, less profitable, younger firms and firms with comparatively more investment opportunities, high financial leverage, high business risk, and high dividend distribution tax. The author finds significant positive impact of catering incentives on the propensity to pay dividends, thus supporting catering theory of dividends. 相似文献
10.
Jorge Guajardo 《中国对外贸易(英文版)》2008,(17)
In recent years,trade between Mexico and China has grown dynamically with an average annual growth of 36.7%.Mexico and China are both major world economies and China is the second largest trading partner of Mexico.Our two countries have been committed to deepening strategic partnership,cementing the basis for cooperation in all areas with fruitful outcome achieved. 相似文献
11.
This study investigates the impact of foreign investors on stock price efficiency and return predictability in emerging markets. It finds that stocks fully investible for foreign investors exhibit stronger price momentum than non‐investible stocks. The difference in momentum effects between stocks with different levels of investibility cannot be fully explained by world market risk, size, turnover, or country‐specific factors. Further tests show that fully investible stocks have no post‐earnings‐announcement drift (PEAD), and their short‐term momentum reverses over a longer horizon. These results show that the stronger momentum of highly investible stocks does not appear to be driven by foreign investors' underreaction to firm‐specific information, but is more likely to be generated by their positive feedback trading. 相似文献
12.
Vikrant Shirodkar Eshani Beddewela Ulf Henning Richter 《Journal of Business Ethics》2018,148(3):673-688
Multinational companies (MNCs) frequently adopt corporate social responsibility (CSR) activities that are aimed at providing ‘public goods’ and influencing the government in policymaking. Such political CSR (PCSR) activities have been determined to increase MNCs’ socio-political legitimacy and to be useful in building relationships with the state and other key external stakeholders. Although research on MNCs’ PCSR within the context of emerging economies is gaining momentum, only a limited number of studies have examined the firm-level variables that affect the extent to which MNCs’ subsidiaries in emerging economies pursue PCSR. Using insights from resource dependence theory, institutional theory, and the social capital literature, we argue that MNCs’ subsidiaries that are critically dependent on local resources, have greater ties to managers of related businesses and to policymakers, and that those that are interdependent on the MNCs’ headquarters and other foreign subsidiaries, are more likely to be involved in PCSR. We obtain support for our hypotheses using a sample of 105 subsidiaries of foreign firms that operate in India. Our findings enhance our understanding of the factors that determine MNCs’ political CSR in emerging economies. 相似文献
13.
Sagren Moodley 《Journal of Small Business Management》2003,41(3):317-324
14.
Edmund Prater Patricia M. Swafford Srikanth Yellepeddi 《Journal of Marketing Channels》2013,20(2):169-187
This article addresses the current state of the infrastructure and other factors within China and India to consider in making operation expansion decisions. We compare the logistics, telecommunication, and energy infrastructure of these two nations followed by a discussion of their labor productivity, economic growth, and political and cultural stability. We find that China is ahead of India in terms of transportation and telecommunications infrastructure, but India leads in terms of skilled labor for supporting information technology (IT) and complex manufacturing-based operations. While it will be difficult for India to catch up with China's manufacturing base, there is a strong opportunity for India to become the back office of the world. We then outline the opportunities and challenges that MNCs may face by investing in these countries and close with advice for managers in making expansion decisions. 相似文献
15.
In this article the authors analyze trade patterns in the South African automobile industry using disaggregated harmonized system product-level data. The significance of intraindustry trade is estimated and separated into patterns of horizontally differentiated (by variety) intraindustry trade and vertically differentiated (by quality) intraindustry trade. The results indicate the presence of significant levels of intraindustry trade in automotive trade flows between South Africa and bilateral trading partners. In accordance with theoretical expectations, the empirical investigation reveals that intraindustry trade in South Africa's automobile industry is dominated by vertical intraindustry trade. Moreover, in recent years the analysis reveals some evidence that, within vertical intraindustry trade, South Africa's automobile industry produces and exports high-quality automotive products aligned with international fragmentation-based production and trade. 相似文献
16.
17.
政府补贴对企业创新的影响存在争议,在美国重点打击中国战略性新兴产业的背景下,补贴这一产业政策的有效性再次引起热议。本文以2012-2017年沪深A股战略性新兴产业上市公司为样本,研究在国际知识产权保护加强的背景下政府补贴对战略性新兴产业创新绩效的影响。研究发现:中国政府实施的补贴政策有利于促进战略性新兴产业创新,但国际知识产权保护加强约束了中国政府补贴的规模和空间,从而抑制了补贴政策对战略性新兴产业创新的激励作用;此外,基于企业和产业异质性视角,国际知识产权保护的加强主要抑制了补贴对国有企业、内资企业和新材料产业创新的促进作用。进一步完善补贴政策和国内的知识产权保护制度,有利于提升中国在构建国际经济新秩序中的话语权。 相似文献
18.
19.
This paper empirically analyses the export pricing behaviour of Chinese and Indian exporters when there is selection into exporting. Previous exchange rate pass-through estimates that did not take selection into account could be biased if selection into exporting is correlated with pricing strategy. We use 6-digit product-level data across high- and low-income export destinations over the period 1994–2007 and assess a number of determinants of the degree of pass-through of exchange rates to export prices, such as the level of external demand, exporter’s wage cost, degree of competition in export markets, currency volatility and the direction of currency movements. We find systematic differences in the pricing strategies of Chinese and Indian exporters while uncovering a selection bias in exports to high-income markets, although the pricing of exports to low-income markets is independent of the decision to export. Export prices do not increase systematically with the destination market per capita income, and tend to be less sensitive in shipments to advanced nations. Export prices of India are sensitive to the volatility of the trade-weighted nominal effective exchange rate (NEER), indicating heterogeneity in prices to maintain competitiveness, but not in China as volatility is insignificant given a fixed currency system. It is also revealed that a country with a relatively flexible currency regime and arms-length trade such as India is more likely to exhibit incomplete pass-through, whereas a country with an inflexible currency system and involved in outward processing trade is more likely to have full pass-through as shown in the case of China. 相似文献