Global Strategy

Christian Stadler on Product & International Diversification

We establish prior diversification experience as a key determinant of the relationship between growth of product and international diversification. Prior diversification experience allows firms to overcome short-run constraints on simultaneous…

How to Achieve Benefits from Diversity in International Alliances?

International alliances face a dilemma. Cross-national differences offer valuable complementarities, but they can also spark a negative spiral of dysfunctional conflict. Our study shows that task discourse is an important…

Avoid, acquiesce or engage? How to manage corruption abroad

Multinational firms face challenges in host countries where corruption is common, due to concerns that they will need to engage in corrupt acts in order to survive. Some respond by…

Fainshmidt, Smith and Judge

This study examines how national competitiveness, measured as productivity per worker, is fostered within an economy using a sample of 90 developed and developing economies. We build upon Porter’s popular…

Biranu, Gambardella, & Valentini on Bribery and Investment

We ask whether, along with ethical issues, bribing affects the behavior and performance of firms in A frica and L atin A merica. Our statistical analysis shows that bribe payments…

Susan Perkins, Randall Morck, Bernard Yeung – Innocents Abroad

We examine international joint ventures in the telecommunications industry in Brazil, where pyramidal groups are ubiquitous. We explain how corporate governance differences between pyramidal groups versus widely held freestanding firms…

Location matters: Valuing firmspecific nonmarket risk…global mining industry

We argue that mines located near environmentally sensitive water sources are subject to nonmarket risks arising from the potential collective actions of local stakeholders and their allies. Stakeholder mobilization can…

Tapping into Emerging Markets: EMNEs’ Strategies for Innovation Capability Building

This article explores EMNEs’innovation capability building in emerging markets.The paper provides a longitudinal account of how theBrazilian cosmetics firm Natura transitioned fromscant to ample innovation resources and processes.Building on the…

Follow the Smoke: The Pollution Haven Effect on Global Sourcing

We examine whether and how for-eign environmental standards influence global sourcingdecisions. Taking a question-driven approach, we finda negative association between the stringency of acountry’s environmental standards and its share in…

Stefano Elia with Federico Caniato, Davide Luzzine, & Lucia Piscitello

This article deals with the performance implications of the governance mode (captive offshoring versus outsourcing) selected when companies offshore service activities, which is still quite controversial in the literature. After…