International Business Commons^™

Experience And Fdi Risk-Taking: A Microfoundational Reconceptualization, Peter J. Buckley, Liang Chen, L. Jeremy Clegg, Hinrich Voss

Research Collection Lee Kong Chian School Of Business

Studies of how firms respond to host country risk have assigned explanatory primacy to organizational capability and managerial risk preference. The organization-level account is built on the premise that capability is a prerequisite for risk-taking while the individual-level account focuses on the managers' intrinsic behavioral attitude. Without integrating one with the other, the former is open to many alternative explanations while the latter remains only a source of heterogeneity. We propose that employing the microfoundations approach can address the limitations of each account and yield a fuller understanding of FDI risk-taking. Drawing upon behavioral decision theory and the concept of …

Key Findings: 2016 Atrs Global Airport Performance Benchmarking, Chunyan Yu

Publications

The ATRS Global Airport Benchmarking Project measures and compares the performance of several important aspects of airport operations: Productivity and efficiency, unit costs and cost competitiveness, financial results and airport charges. The report also examines the relationships between various performance measures and airport characteristics as well as management strategies in order to provide a better understanding of observed differences in airport performance. This report includes 205 airports and 24 airport groups of various sizes and ownership forms in Asia Pacific, Europe and North America. This presentation highlights key findings on efficiency and cost.

The Identification And Exploitation Of Terrorist Financing, Jacob S. Gordon

Senior Honors Theses

Terrorism and the threat of terrorist attacks have forced the United States to place a high priority on developing a comprehensive counterterrorism strategy. A crucial component of this overarching strategy focuses on targeting the finances of a terrorist organization, hoping to eliminate or stifle their sources of funding in an effort to render the organization incapable of launching successful operations due to an absence of funding. By analyzing the most common financing options that terrorist groups use, the United States can hone its ability to disrupt the funding operations for terrorist groups. Likewise, developing a method for tracking the laundering …

Όλα Καλά (All Is Fine): Greece And Its Denial Of Economic And Financial Negligence, Jasmine S. Grindle

Senior Honors Projects, 2010-2019

This paper aims to compile past research on the sovereign debt crisis as well as the formation and role of monetary unions, specifically optimal currency areas. It further analyzes the causes as well as possible future consequences for Greece and the European Monetary Union (EMU). It will provide a history of how Greece reached the debt levels it did and the measures taken by the EMU over the past decade. There are multiple responsible parties for the conditions that have prevailed in Greece. These parties include the investors in Greek assets, the EMU, and the rating agencies as well as …

Bienvenido A Chile: A Guide For The International Business Of The Americas Cohort, Jacob William Sims, Julie Grace Whitehead

Senior Theses

This senior thesis projects aims to provide a comprehensive guide to living and studying abroad in Santiago, Chile to accompany the new International Business of the Americas cohort. It covers a spread of issues including macro politics and economics to where to live and how to repatriate to the University of South Carolina.

Evaluating Risk Of Small Business Expansion Into Latin America: A Study In Colombia, Chile, And Peru, Kelly Lynn Faria

Senior Theses

This senior thesis uses Colombia, Chile, and Peru as examples of similarly sized Latin American countries, with similar economic and trade impact, that have vastly different business environments. This report outlines many of the risk environments, competitive sectors, and cultural norms in each country in order to provide a basic understanding of the business environments for small and medium-sized enterprises.

Humanos De Santiago, Ana Maria Gibson

Senior Theses

I am a member of the inaugural class of the International Business of the Americas cohort program of the Sonoco International Business Department at the Darla Moore School of Business. As a participant in this program, I spent two semesters living in Santiago, Chile studying at the Facultad de Economía y Negocios at the Universidad de Chile. During my time in Santiago, I learned about the cultural differences between Chile and the United States both inside and out of the classroom. However, despite the measurable, and often profound, differences between the two countries, what struck me the most were the …

The Benefits Of Global Diversification, David J. Tassone

Honors Thesis

International diversification reduces total risk to a portfolio by adding uncorrelated assets and brings higher long-term returns. In this study, the research looks to see if any single country index or continent index consistently outperforms a diversified value-weighted global market index. In order to value-weight the global index, the study uses the International Monetary Fund’s voting shares of each country and equates each voting share to each country or continent’s stake within the value-weighted global market index. To correct for currency exchange, the study uses iShares and other ETFs denoted in the United States Dollar. The value-weighted global market index …

Feminism Made In China: The Impact Of Light Export Manufacturing On Rural Chinese Women, Kathleen Marie Mackenzie

Senior Theses

This senior thesis explores the impacts of employment in light export manufacturing on rural women in China. It first describes the neoclassical economist, feminist economist, and contemporary feminist points of view regarding the effect that manufacturing has specifically on rural women. It then includes a statistical analysis to analyze the empirical data surrounding this issue and draw a conclusion on whether or not light export manufacturing is beneficial for rural Chinese women.

Bringing Down The Temperature, Singapore Management University

Perspectives@SMU

Governments have signed the Paris Agreement to address climate change. Businesses and individuals can play their part to keep the momentum going

Comparative Organizational Assessments And Partenship Potential For Sekou Pou Nanm-Yo And Asirans Community Counseling Center, Lauren M. Mawe

Sustainability and Social Justice

This paper assesses the organizational capacity of two small Non-Governmental Organizations (NGOs) in Port-Au-Prince Haiti. Each NGO has a staff of under 15 members. At the time of the assessment, they were both in early stages of their development, with one in its first year of operations, and the other in its fifth year. Both embody grassroots, community organizations because of their connections to the communities in which they work, their willingness to travel to those communities, and their predominantly Haitian staff. The fieldwork included interviews, focus groups, and three months of participant observation and work with these organizations. In …

Globalization And Offshoring: The Effects Of A Globalized Workplace On Auditing Procedures, Mignon Farnet

Renée Crown University Honors Thesis Projects - All

Intensifying audit competition, increasing audit quality standards, and rising demand for audit services have prompted accounting firms across the nation to adopt new methods to meet client and industry demands while not overextending audit staff or raising audit prices. The use of offshoring to utilize a global workplace has allowed firms to maintain their competitiveness and expand to new markets to creatively respond to the industry demand. While offshoring is not something new on the global scale, the auditing practice was a late arrival to this practice, especially when compared to manufacturing industries or even the tax practice within the …

The Indulgence And Restraint Cultural Dimension: A Cross-Cultural Study Of Mongolia And The United States, Rentsenkhand Enkh-Amgalan

Undergraduate Honors Theses

This research focuses on one of the least studied cultural dimension, “indulgence versus restraint” (IVR) and how it affects consumer behavior, international marketing, and global business operations in the U.S. and Mongolia. This project is the first research on IVR in Mongolia since the country is rarely studied and there is no available data for this cultural dimension. Samples of undergraduate business students (as consumers) from both countries were studied through surveys. The findings support that Mongolians and Americans are different regarding the “indulgence” cultural dimension. This paper has a significant contribution to the cross-cultural literature regarding the indulgence cultural …

Why Despite Bipartisan Support, The Embargo Against Cuba Won't Go Down Without A Fight, Victoria Scotte Rasmussen

Undergraduate Honors Capstone Projects

Within the past decade, there has been a dramatic shift in American politics. Once considered enemies, the United States and Cuba have reestablished diplomatic relations. The reestablishment of relationships is a surprise to many politicians because Cuba has not made the necessary changes to end the trade embargo put into place by the 1996 Helms-Burton act.

The majority of the friction in ending the embargo is from the Republican Party. While over half the Republicans in the country support ending the embargo, the Republicans in congress are not quite as divided on the issue. Still, some republicans are adamantly in …

More Ethical – Thai Or American Business Behavior?: Ethical Business Practices And Differences Between Cultures, Michelle Carlson

Marketing Undergraduate Honors Theses

The study and comparison of cross cultural business ethics was conducted specifically in the countries of Thailand and the United States. To study these two countries’ business ethics, a survey was conducted in each country, analyzed, and compared to one another. The research was conducted on a Micro Empirical scale. This approach by definition “hypothesizes the existence of general norms or values and then gathers and analyzes data with a view of determining the extent to which these norms or values prevail in the group surveyed” (Koehn & Leung, 2004). Thailand and the United States are hypothesized in this study …

Emotions Involved In Shopping At The Airport, Alexis D. Tymkiw

Honors Theses

This paper examines the emotional motivations that drive consumers to shop at airport retailers. Airport retailing is a rapidly growing segment as airports continue to expand retail areas and the number of passengers increase each year. With larger retail areas, airports are beginning to resemble shopping areas. However, with higher prices and consumers experiencing time and space constraints, the airport is a very unique shopping environment. This paper explored two unique emotional motivations for shopping at airports: (1) to escape the stress of travel and (2) to eliminate boredom. Analysis of the in-depth interviews led to the development of four …

Corporate Social Responsibility: Implications For Businesses Operating In The United States And The European Union, Kaitlyn Sapp

Honors Scholar Theses

The expectations of what businesses should be responsible for has changed more and more as the consumer consciousness has evolved. For many businesses, especially those in the United States, change in their approach to corporate social responsibility (CSR) is necessary in order to satisfy customers and stay competitive. This paper will discuss and compare the history and current practice of CSR between the United States and the European Union. I find that since the European Union has a history of holding companies to higher CSR standards, European-based companies have an advantage in various consumer markets with growing consciousness. Meanwhile, companies …

Disrupt, Deny, Dismantle: A Special Operations Forces (Sof) Model For Combatting New Terrorism, Will Gunzelman

Faculty Publications and Presentations

Terrorism in the new millennium has morphed drastically since the 1970s. The terrorist organizations of today are a hybrid between the insurgent group models of the 1960s and modern terrorist organizations such as Al Qaeda. This hybrid model has created what has become a transnational insurgency recruited, trained, and led by major terrorist networks such as the Islamic State of Iraq and the Levant (ISIL). Even smaller regional groups such as Boko Haram have surpassed merely conducting terrorist attacks. These smaller groups are also focused on controlling territory. Tan (2008) refers to this change as “New Terrorism”. To combat New …

The Economic And Geopolitical Effects Of The European Union, Jacob S. Gordon

The Kabod

The European Union (EU) is one of the largest trade unions in the world and has a substantial impact on the global economic system. This paper discusses the creation of the EU, the establishment of the Euro as the dominant currency, and the diversity between the member nations, comparing their similarities and contrasting their differences. Organizations that influence and shape the European Union such as the World Trade Organization, the European Central Bank, and the International Monetary Fund are also discussed. As an illustration of this influence, Greece’s declining economy is examined. A brief outline of the migrant crisis that …

Synchonizing U.S. States' Strategic Plans To Increase Exports To Emerging Markets, Jayati Ghosh, Denise M. Lucy, Françoise O. Lepage

Collected Faculty Scholarship

The United States seeks to increase and expand exports to emerging markets. The majority of U.S. firms (98 percent) are small to medium sized enterprises (SMEs) with only 1 percent engaging in exporting. The Federal and State Governments encourage SMEs to expand exporting through the National Export Initiative (NEI) and NEI/NEXT initiatives. This paper examines NEI’s progress and strategies by leading U.S. exporting states, export activity to BRICSA, states’ alignment with NEI and the extent to which NEI has facilitated federal and state collaboration. Further, it reviews NEI/NEXT objectives and strategies to internationalize U.S. business practices.

Global Economic Expansion And The Prevalence Of Militarized Interstate Disputes, Lucas Hahn

Honors Projects in Economics

Over the past several decades the entire world has experienced both the positive and negative effects of globalization. The question that this report will address is whether or not global economic expansion has led to a decline in the prevalence of militarized interstate disputes (MIDs) and what factors influence the prevalence of MIDs. This report will take an in-depth look at Thomas Friedman’s “Golden Arches Theory of Conflict Prevention”. It also includes a quantitative analysis in which regression techniques were used to see how different economic factors influence the prevalence of MIDs, while also introducing a previously unused independent variable …

Oil Prices And A Stronger Dollar: Causation Or Correlation?, Christina Donahue

Honors Senior Capstone Projects

A stronger dollar is accountable for a major effect on declining oil prices. Since oil is traded in U.S. dollars, oil prices are more likely to fall when the dollar becomes stronger. Thus, companies within the oil industry are delivering their worst results of the current decade due to plunging oil prices. However, the stronger dollar is not solely responsible for falling oil prices; the deteriorating demand of oil is the result of slowing growth in major countries such as China.

An Acculturation Program For Foreign-Born Workers At Multinational Companies Transferred To Offices In The United States, Eric Krieger

Capstone Collection

The purpose of this study is to create an acculturation program that multinational companies can use to ease the transition of foreign-born employees who are transferred to the United States. There are a number of challenges for these employees, from navigating the logistics of finding a place to live, setting up a bank account and filling out taxes to the social emotional issues of trying to adapt to another culture, build community and be successful in a new work environment. Through interviews with foreign-born employees, Human Resources professionals, and intercultural trainers, qualitative and quantitative data was collected to understand current …

The Impact Of Geopolitical Factors On The Future Economic Integration Of Asean +3, Michael Corrigan

Independent Study Project (ISP) Collection

East and Southeast Asia have benefited greatly from China’s growth and are gaining significantly more economic and political power in comparison to the West. The growing interdependence in this region has led to the continuing economic integration of the ASEAN Plus Three countries. The research paper analyzes the geopolitical factors that impact this integration, such as historical tension, regional security conflicts, social, cultural and economic differences, as well as economic rivalries. In addition, the strategic agendas of the main actors, including the U.S., are analyzed to provide a comprehensive argument concerning the impact these geopolitical factors will have on future …

How Do We Adopt Multiple Cultural Identities? A Multidimensional Operationalization Of The Sources Of Culture, Badri Zolfaghari, Guido Mollering, Timothy Adrian Robert Clark, Graham Dietz

Research Collection Lee Kong Chian School Of Business

Given the shortcomings of unidimensional accounts of culture that are based on nationality, this paper builds on and steps beyond current multidimensional conceptualizations of culture in order to provide first empirical evidence for a multidimensional operationalization of culture. It shows the multiple and simultaneous sources of cultural values (i.e., Family, Nationality, Urban/Rural Background, etc.) that individuals draw from in order to behave in accordance with their social setting. This contributes to our understanding of how and when individuals adopt multiple cultural identities. As the first attempt to operationalize the 'mosaic' framework of culture proposed by Chao and Moon (2005), this …

Mexico Consensus Economic Forecast, Volume 19, Number 2, Thomas M. Fullerton Jr., Adam G. Walke

Border Region Modeling Project

No abstract provided.

A Cross-Cultural Examination Of Preferences For Work Attributes, Melissa S. Woodard, Jane K. Miller, Daniel Miller, Kirk D. Silvernail, Chun Guo, Sudhir Nair, Mehmet Devrim Aydin, Ana Helosia Da Costa Lemos, Paul Donnelly, Vilmante Kumpikaite, Robert Marx, Linda M. Peters

Articles

Purpose – The purpose of this paper is to examine the relationship between individual- and country-level values and preferences for job/organizational attributes. Design/methodology/approach – Survey data were collected from 475 full-time employees (average of nine years work experience, and three years in a managerial position) enrolled in part-time MBA programs in seven countries. Findings – Preference for a harmonious workplace is positively related to horizontal collectivism, whereas preference for remuneration/advancement is positively related to vertical individualism. The authors also find a positive relationship between preference for meaningful work and horizontal individualism, and between preference for employer prestige and social adjustment …

An Examination Of The Authorship Of Publicly Available Nbea And Isbe International Business Education Journal Articles, 2001 - 2015, Carol Blaszczynski, Ph.D.

International Journal for Business Education

This study of the two NBEA and ISBE international business education journals, the International Journal for Business Education and the Journal for Global Business Education, examined the accessibility of the journals and the authorship characteristics of publicly available articles published in the journals between 2001 and 2015. Over 55% of the articles published in both journals were multiple authorship efforts, with inter-institutional collaborations constituting the greatest number of collaborations. Author rankings as well as adjusted authorship rankings were calculated for the two journals.

Revisiting Japan’S Gross National Cool: Exporting Japanese Animation In The International Marketplace, Joseph P. Wentz

Senior Honors Theses

In 2002, writer Douglas McCray coined the term “Japan’s Gross National Cool,” which was used to describe Japan’s distinct cultural exports. More specifically, though a recent phenomenon, the current academic consensus indicates that Japanese animation, or anime, is a unique Japanese cultural export based on McCray’s concept. However, from McCray’s article in 2002 to 2015, the anime industry globally has changed in several key ways: popular consumption has grown, Internet and streaming use has increased, and Internet piracy has increased. This leads to necessitating a change in business concepts for marketing the medium worldwide by analyzing specific marketing mechanisms, but …

Business As Ministry Impacts Poverty, Ashley E. Tilghman

Senior Honors Theses

Businesses that are operated by Christian workers can make a difference in ministering to poverty-stricken communities around the world. Poverty is a major social problem that has existed for all of history and will continue to affect the lives of millions in the future. A number of business initiatives such as social business, macro-government initiatives, and transformational development have experienced success in helping reduce the problem. It is imperative to approach the issue of poverty recognizing the spiritual component along with the physical. The ministry of Jesus Christ serves as an example for meeting the needs of the impoverished, and …