云南水电企业国际化进入战略模式研究

面对经济全球化的挑战,伴随我国经济发展水平的不断提升和企业资金技术实力的不断增强,国际化经营已成为企业未来发展的必然战略选择。本文分析了云南水电企业国际化发展的理论基础,并对云南水电企业国际化进入战略模式进行了深入探讨。     

国际新企业形成的影响因素研究——基于浙江四家企业的案例分析

作为国际商务研究与创业研究融合的一个新兴领域,对于国际新企业的研究已引起越来越多研究者的关注.但已有研究大多集中在发达国家.本文通过对浙江四家国际新企业进行探索性案例研究发现,由于环境和产业类型的差异,现有文献对于国际新企业成立的动机因素的研究结论不能完全运用于案例企业.笔者认为,国际新企业形成的主要影响因素包括企业生存的需要、企业家的先前经历和本地网络关系、产业的国际化程度、国内市场和政策环境等.     

Friends or foes? Examining platform owners’ entry into complementors’ spaces

As platform owners continue to expand their ecosystems, many of them have started to provide consumers with their own complementary applications. These moves position the platform owners as direct competitors to their complementors. This paper surveys empirical studies that examine the direct entry of platform owners into complementors’ product spaces. It finds that both the motivation and impact of such entries on complementors are multifaceted. The motivation behind platform owners’ direct entry goes beyond value capture, and the impact of platform entry on complementors varies across empirical settings. It identifies several future research directions that can help advance our understanding of the relationships between platform owners and complementors.     

Can proactive environmental strategy improve Multilatinas' level of internationalization? The moderating role of board independence

This paper explores the relationships between proactive environmental strategy (PES) and internationalization in emerging markets multinationals from Latin America (Multilatinas). Drawing on the resource‐based view and institutional theory and using a sample of 86 listed firms during the period 2013–2017, we find that Multilatinas with higher tiers of PES are associated with higher degrees of geographic international diversification. Because adopting PES is directly conditioned by institutional pressures to comply with stakeholders' regulations and expectations, Multilatinas that implement advanced PES will be able to achieve a higher level of international presence in foreign markets. Our results also reveal that board independence positively moderates the relationship between PES and geographic international diversification. Specifically, board independence provides Multilatinas with the opportunity to integrate valuable knowledge and expertise and thus to take advantage of implementing advanced PES to achieve even greater levels of internationalization. This study expands understanding of how environmental strategies influence internationalization of firms in the Latin American business context.     

Chinese multinationals’ approach to international human resource management: a longitudinal study

Abstract

This study explores how emerging market service firms, operating in developed markets, approach human resource management (HRM). Data analyzed in this article were drawn from a longitudinal case study of the Australian subsidiary of a Chinese multinational bank. We find that subsidiary HRM follows host country and global best practices. However, the way that this hybrid HRM system was implemented shows traces of Chinese origin. A key finding from this study is that although our case bank officially adopted a polycentric approach to subsidiary staffing, employing host country nationals, the subsidiary predominantly employed locals with a Chinese ethnic background. We also find the case bank’s strategy in international HRM has evolved from a focus on localization to global standardization. This global standardization, however, is shaped in line with global best practices rather than home country management model. These findings highlight the need for future studies to adopt a more nuanced approach to examining international HRM strategies, especially when analyzing host country effect or localization strategy.     

Entry and barriers to entry in emerging markets

This note briefly introduces the symposium on entry and entry barriers in emerging markets edited by Nauro Campos and Saul Estrin. The symposium contains four inter-related case studies focusing in depth on the relationship between entry of new firms and institutional arrangements in four major emerging markets: Brazil, China, India and Russia. We find that entry rates are not necessarily low in emerging markets, and that institutional quality is a complex and “fuzzy” notion so that its impact on the entry process is not straightforward.     

国际创业背景下企业家精神的适应性调整——以温州企业为例

企业家精神是企业成长和经济增长的重要因素。本文认为企业家精神是一个层次模型,只有通过综合特质、愿景、胜任力和文化网络这四个层面才能揭示企业家精神的全貌,通过对温州企业案例的分析,检验了该模型的不同层次在国际创业背景下分别应进行怎样的适应性调整。最后,本文指出了该研究可能存在的问题,并对后续研究进行了展望。     

国际多元化、CEO海外经历与股价崩盘风险 ——基于创业板上市公司的经验证据

以2010—2016年间中国A股创业板上市公司为样本,实证检验国际多元化对股价崩盘风险的影响以及CEO海外经历产生的调节效应。研究发现,国际多元化与股价崩盘风险间存在显著的负相关关系,即伴随着创业板上市公司国际多元化战略的实施,其股价未来崩盘风险会更低,但CEO海外经历并未对股价崩盘风险产生明显的影响。然而考虑CEO海外经历的调节效应后,国际多元化对股价崩盘风险的抑制效应更为明显。这一结论在控制了内生性影响后依然成立。     

从内部资本市场角度分析新兴市场企业集团多元化

活跃于高速发展的市场经济环境中的多元化企业集团,是现代新兴市场中的主导性企业组织,新形势下从内部资本市场角度对新兴市场企业集团多元化展开研究,具有十分重要的现实意义和战略意义。     

Ethnic group size,linguistic isolation,and immigrant entrepreneurship in the USA

Using a sample of immigrant men in US census data from the early and late 1900s and available in the Integrated Public Use Microdata Series (IPUMS), this study explores: (1) whether immigrant entrepreneurship is positively affected by ethnic group size and linguistic isolation; (2) how sensitive these relationships are to English-language proficiency; and (3) if these relationships have remained stable over time. The empirical results indicate that the size of the local ethnic population does not enhance immigrant self-employment for either English-proficient or limited-English-proficient (LEP) men in the USA. In addition, while linguistic isolation in the local labour pool seems to promote entrepreneurship among English-fluent immigrants in certain cases, it appears to hinder business formation among the LEP. Finally, comparing the results across time-periods is consistent with the premise that rising xenophobia pushes a disproportionate share of the LEP into self-employment.