Existing studies on multinational enterprise (MNE) location strategy assume that MNEs are focused on economic not political objectives. The emergence of globalizing state-owned enterprises (SOEs) requires us to revisit such an assumption because SOEs symbolize national interests of their home...

This study examines the relationship between an independent director's death and CEO acquisitiveness. Using a sample of large U.S. public firms, we find that CEOs who have experienced an independent director's death undertake fewer acquisitions in the post-director death period, in particular...

This Article seeks to capture the significance and dilemmas associated with the intellectual property rights (IPRs) protection in China and to demystify the mysteries of the enforcement problems. It assesses shortcomings of the IPR enforcement and sheds new light on enforcement problems by...

This article considers the harmonizing effect of TRIPS and the global enforcement of IPR through a discussion of legal transplantation and cultural adaptation. Part I examines the harmonizing effect of TRIPS and its implications to the countries at different development levels, particularly...

This review and introduction to the Special Issue on 'Strategy Research in Emerging Economies' considers the nature of theoretical contributions thus far on strategy in emerging economies. We classify the research through four strategic options: (1) firms from developed economies entering...

The lockup period is an agreement by the current owners of a new venture to not sell or dispose of their shares without the approval of the investment banker underwriting the shares of the initial public offering (IPO). We investigated the lockup period of a sample of 313 new ventures going...

Managerial risk taking is a critical aspect of strategic management. To improve competitive advantage and performance, managers need to take risks, often in an uncertain environment. Formal economic assumptions of risk taking suggest that if the expected values for two strategies are similar but...

This research compares Chinese HRM with Western HRM, particularly in the areas of development of HR information systems (HRIS) and HR measurement systems and their relation to HR’s involvement as a strategic partner in firms. The research uses a 3-stage model of HRIS (workforce profiling,...

Travel restrictions are often imposed to limit the spread of infectious diseases. As uniform restrictions can be inefficient and incur unnecessarily high costs, this paper examines the optimal design of restrictions that target specific travel routes. We propose a model with trade-offs between...

While the risk premium hypothesis in futures markets has been the subject of a long and continuous controversy, the risk premium hypothesis in forward markets is also of interest among economists. The hypothesis is supported by some theoretical arguments and empirical evidence yet remains an...