According to the springboard perspective, emerging market multinationals (EMNE) seek strategic assets aggressively from the outset. In this paper, we investigate the role of firms' institutional embeddedness in terms of age and affiliation to business group on their aggressive...

The international business literature has long recognized the explanatory primacy of the upper echelon of a firm. This has resulted in an impressive volume of research examining the impact of demographic, psychographic, and experiential background of the managers on the actions and strategies of...

We compare the IPO issuing firms in India that disclose risk in their advertisements with the firms that do not disclose risk and find 31% higher underpricing in firms that disclose risk. For the risk disclosing firms we find a significantly higher subscription from institutional investors. The...

Cultural distance is one of the most widely used distance construct in international business. However, its application as having linear and homogenous impact on organizational actions and performance has long been questioned. In this paper, we attempt to redress this weakness by proposing the...