International Business Commons^™

Endogenous Oca (Optimum Currency Area) Analysis And The Early Euro Experience, Thomas D. Willett, Orawan Permpoon, Clas Wihlborg

Business Faculty Articles and Research

Some have argued that the endogenous responses to the formation of a currency area are so strong that one need not worry about optimum currency area conditions ex ante. We argue that this is much too strong a conclusion. We draw on a number of recent studies to evaluate the endogeneity experiences of the eurozone in three major areas; trade flows, business cycle synchronisation and structural reforms to improve labour and product market flexibility. Simple before-and-after comparisons are insufficient for analysis of endogeneity. The experiences of non-euro Western European economies suggest that broader trends also had considerable influence on trade …

Competitive Priorities And Strategic Consensus In Emerging Economies: Evidence From India, Ravi Kathuria, Stephen J. Porth, N. N. Kathuria, T. K. Kohli

Business Faculty Articles and Research

Purpose

– The purpose of this paper is to understand the competitive priorities of manufacturers in India, and examine the level of agreement or strategic consensus between senior executives and manufacturing managers on manufacturing competitive priorities in light of the prevalent culture.

Design/methodology/approach

– Survey data collected from 156 respondents from 78 manufacturing units based on a national sample in India are used to test the hypotheses using the paired samples t‐tests and multivariate analysis of variance.

Findings

– A relatively high emphasis by both levels of managers on quality, compared to the other three competitive priorities, is noteworthy and …

Strategic Asymmetric Multicultural Alliances In Business, Anthony James Scriffignano

Antioch University Full-Text Dissertations & Theses

Global economics and other factors make it increasingly difficult for organizations to operate within the boundaries of one country in a rational way (e.g., leveraging best practices, profitable, achieving goals). In this study, I looked at strategic business alliances, transcending simple quid pro quo relationships to deliver ongoing partner value. I refined my study to multicultural relationships, having differing cultural identities (i.e., ideas, heritage, language, or demographics from differing geographies). Finally, I considered asymmetry (i.e., inequity in working relationship). Using a mixed-methodology design, I surveyed alliance participants and interviewed participants from selected alliances. A multi-case study addresses emergent themes of …

Clusters And Upgrading: A Purposeful Approach, Gerald A. Mcdermott, Héctor O. Rocha

Faculty Publications

We develop a theoretical model to investigate how backward societies can improve their upgrading capabilities by transforming existing industrial agglomerations into dynamic clusters. Our main assumptions are two: first, emerging market economies are not uniform but characterized by variety of subnational regional and sectoral organizational and institutional configurations; second, the basic building block and unit of explanation in social sciences is personal action guided by some intention, which is heterogeneous across different actors. Based on these assumptions and the literature on human motives and social networks, we develop a purposeful approach to clusters and upgrading. We argue that governments can …

Organizational Slack, International Expansion And Firm Profitability, Anran Liu

Dissertations and Theses Collection (Open Access)

International expansion is a viable growth strategy for firms operating in an increasingly competitive business environment. Understanding the relationship between international expansion and firm performance has been a significant concern for theory development in the strategy and international business literature. The extant literature, however, has paid insufficient attention to the tradeoff between firm growth and profitability that may imply the existence of an optimal rate of growth. Drawing from the Penrosian perspective that emphasizes the role of resources in firm growth, this study investigates whether and how firm slack resources affect the tradeoff between international expansion and profitability. Specifically, this …

The Relationship Between Product And International Diversification: The Effect Of Asset Dispersion And Asset Diversity On Firm Performance, Yulia Muzyrya

Dissertations and Theses Collection (Open Access)

There is little consensus on the diversification-performance relationship in the diversification literature. We aim to contribute to this literature by looking simultaneously at product and international diversification and the relationship between both. Furthermore, we distinguish theoretically and empirically between two different components of any diversification strategy, i.e. the degree of diversification and the type of diversification. We test our hypotheses on panel data covering 115 firms. We find that the dispersion of a firm’s activities, both internationally and in different product markets, results in higher levels of performance. Contrary, we find that higher levels in the diversity of the firm’s …

Compensation Across Executive Labor Markets: What Can We Learn From Cross-Listed Firms?, Colette Southam, Stephen Sapp

Colette Southam

There is wide consensus that chief executive officers (CEOs) of US firms earn significantly more than their Canadian counterparts. Using a matched sample, we find that the majority of this difference is due to US CEOs earning 50% more than CEOs of Canadian non-cross-listed firms. We find no such ‘‘US premium’’ for Canadian cross-listed firms, because the use of options allows the cross-listed firms to keep pace with their neighbors to the south. While firms that list only in Canada compete in the labor market defined by their national boundary, crosslisted firms appear to be competing directly with their US …

Charity Translated As Social Entreprenuership, Marco Tavanti

Marco Tavanti

Fr. Afiliano Fajardo, CM (AKA: Fr. Nonong) exemplify Vincent de Paul in its innovation toward poverty reduction. This reflection shares the social entrepreneurship and social development approach of the Vincentian Center for Social Responsibility (VCSR) at Adamson University in Manila, Philippines.

Using Historic Mutinies To Understand Defiance In Modern Organizations., Ray Coye, Patrick Murphy, Patricia Spencer

Patrick J. Murphy

Purpose: Guided by voice and leadership theory, we articulate the underpinnings of upward defiance (competence deficiency; ignorance of concerns; structural gaps between echelons) and describe the managerial actions that help depose those underpinnings. Design / Methodology / Approach: We analyze 30 historic narrative accounts of actual mutinies. The journalistic accounts from bygone eras provide unparalleled insight into the basic dynamics of mutiny and provide novel insights into organizational defiance. Findings: Our principal findings show that the underpinnings of mutiny in organizations derive from three foundations: disconnections between authority echelons, modes of addressing member disgruntlement, and the need for management to …

Crisis Opportunism: Bail Outs And E-Scads In The Gfc, Judy Johnston, Alexander Kouzmin, Kym Thorne, Stephen Kelly

Adjunct Professor Stephen J Kelly

As a response to the “junk-debt”- inspired, global, economic crisis, governments, with supra-national organizational approval, have appropriated billions of taxpayers’ dollars for bail-outs, have set-up special funds and under-written depositors’ savings in the desperate hope of alleviating the threat of rapid, economic decline and systemic destruction of value. Whether these governments have a democratic mandate for such unprecedented action is debatable. More importantly, though, is whether such decisions amount to good re-regulatory policy.

First, it is known that some of the bail-out money to large corporations has been squandered by oligarchic recipients and appropriated by them in their own interests. …

The Investigation Of Foreign Direct Investment Patterns In Russia, Tamilla Curtis, Tom Griffin, Lucyna Kornecki

Dr. Tamilla Curtis

No abstract provided.

Evaluating South Africa's Post-Apartheid Democratic Prospects Through The Lens Of Economic Development Theory, Jonathan Marshfield

Jonathan Marshfield

United Against Corruption: The United Nations Global Compact’S Principles And Strategies Against Local And Global Corruption., Marco Tavanti

Marco Tavanti

This chapter considers the practices and strategies behind the United Nations Global Compact’s tenth principle against corruption. It critically analyzes how the exclusion of all forms of corruption, including extortion and bribery, draws on the conviction that the private sector shares responsibility for the challenges of eliminating corruption worldwide. It discusses how, from the perspective of the Global Compact, corruption is a hindrance to poverty reduction and sustainable development. It finally argues that this system has been instrumental to promote a worldwide culture of accountability and transparency through partnerships between businesses, public sectors, nongovernmental organizations and academic institutions.

The Transgenerational Family Effect On New Venture Growth Strategy., D. Pistrui, Patrick J. Murphy, A. Deprez-Sims

Patrick J. Murphy

We examine family-based resiliencies and transgenerational phenomena in family business contexts and introduce the transgenerational family effect (TFE) construct. The TFE influences long-term strategy and culture in family-based entrepreneurial ventures. We clarify the boundaries of the construct based on evidence from 414 cases in the panel study of entrepreneurial dynamics. Then, we operationalise it with two-by-two permutations of family membership and strategic tradition. Finally, we develop and assess hypotheses about venture strategic vision, growth orientation and wealth orientation. Our findings suggest that the TFE promotes vision and wealth creation across generations in family businesses

Sustainable Value Management: Leading Organizations For An Integrated Triple Bottom Line, Marco Tavanti

Marco Tavanti

An organization without an integrated bottom line approach is not designed to last. Value management is the organizational glue which makes it possible to integrate financial sustainability with social responsibility and environmental concerns. This paper suggests sustainable value management in the context of recent developments in corporate social responsibility, sustainability and the triple bottom line. The author argues that economic, social, and environmental sustainability needs to be integrated into value-centered management. Sustainable value creation with leaders and managers leads to sustainable growth for 21st century managerial practices aiming to benefit both shareholders and stakeholders.

Before Microfinance: The Social Value Of Microsavings In Vincentian Poverty Reduction, Marco Tavanti

Marco Tavanti

The purpose of this article is to present and discuss the values and limits of microfinance within the context of poverty reduction, international development and community empowerment. The main thesis is that microfinance requires a more complex strategy than simply the provision of credits. The development of financial capital depends on the increase in human capacity and social capital. Microfinance is revisited under the ethical lenses of global responsibility for alleviating poverty and developing community sustainability. Through a critical review of the literature and case studies from the Philippines, the author suggests a value-based Vincentian approach to integrate microfinance into …

The Re-Emergence Of Hybrid Mail, Jacob Johnsen

Jacob Johnsen, MSc

There is a revived interest in hybrid solution. With the convergence of digital and physical, posts can occupy the unique and pivotal space at the centre as described by Jacob Johnsen.

Acteal: An Open Wound On Indigenous Human Rights, Marco Tavanti

Marco Tavanti

The December 22, 1997 massacre of indigenous Maya people in town of Acteal in the Highlands of Chiapas, Mexico is an unsolved justice and indigenous rights case. Although some paramilitary associated people were imprisoned and liberated by a decision of the Mexican Supreme Court, the sense of justice and proper reparation is nothing but a frustrated reality for various indigenous groups, especially for the family members of the victims, members of Las Abejas (The Bees) civil society organization.

Collaborative Education In Singapore: A Case Study, Peter Miller

Peter Miller

No abstract provided.

Yearbook On International Investment Law And Policy, 2009-2010

Karl P. Sauvant