All knowledge claims are also to some extent legitimacy claims. No theory can receive serious attention, let alone gain credence, unless it is also seen as legitimate. Philosophers of science have spent decades trying to frame criteria that determine the legitimacy of theories, only to agree to...

This study compares U.S. firm international strategies between two starkly different industries. We find that firms are more inclined to adopt global strategies in the integrated global industry than in the multidomestic industry. The global strategy does not seem to be effective unless a firm...

Our meta-analysis of 92 international samples, with a total sample size of 8,491, demonstrates that firms following internationalization strategies by means of external growth modes can realize a significant positive performance impact on firm performance (r=0.156). This performance effect is...

Michael Porter's three generic strategies of cost, differentiation and focus are transformed into five generics in his 1986 paper on global strategy. Unfortunately, the resulting strategies are neither global nor generic. This paper demonstrates why. The key problem is Porter's peculiar use of...

In this study we have argued that MNEs in emerging economies face a different institutional environment which needs to be understood for its economic success. The performance of MNEs depends on both the ability of its managers to shape the public policies of their host government and their...

Previous studies have shown that regulated firms diversify for reasons that are different than for unregulated firms. We explore some of these differences by providing a theoretical model that starts by considering the firm-regulator relationship as an incomplete information issue, in which a...

The enactment of the Trafficking Victims Protection Act (TVPA) in 2000 marked the beginning of the ongoing systematic attempt by the United States of America to combat human trafficking transnationally. Through this Act, the United States employs a regime of positive and negative incentives,...