A wide range of interorganizational relationships falls on the global market to multinational hierarchy spectrum, ranging from supplier relationships (Dyer and Chu, 2000) to multinational business groups (Colpan, Hikino, and Lincoln, 2010; Granovetter, 1994). Concurrently, as firms increasingly...

International business research has long acknowledged the importance of regional factors for foreign direct investment (quot;FDIquot;) by multinational corporations (quot;MNCsquot;). However, significant differences when defining these regions obscure the analysis about how and why regions...

La Porta, Lopez-de-Silanes, Shleifer and Vishny's (LLSV) purported demonstration in Law and Finance (1998) of a correlation between the legal origins of a country and its stock market development and ownership dispersion, mediated through the protection of minority shareholders as against...

This paper provides a multi-level theoretical model to understand why business organizations are increasingly engaging in corporate social responsibility (CSR) initiatives, and thereby exhibiting the potential to exert positive social change. Our model integrates theories of micro-level...

After decades of being primarily a US-based phenomenon, the globalization of hedge fund (HF) activism is increasing at an unprecedented speed. In this chapter, we provide an overview of the current knowledge on HF activism by systematically comparing the phenomenon in the US and outside the US...

Research summary: Building on the comparative capitalism's notion of institutional complementarities, we examine whether firms' simultaneous adoption of managerial entrenchment provisions (MEPs) and corporate social responsibility (CSR) activities reinforces or undercuts one another in...

Multinational companies (MNCs) vary in both their use of global strategy and in the systems of corporate governance in which they operate. In this paper, we develop a theoretical framework and set of propositions to show that differences in national corporate governance systems will influence...

In this paper, we analyze data on the world's largest merger and acquisition (Mamp;A) announcements in the 1990s to explore the relational factors that determine their completion or withdrawal. Existing research on this little understood phenomenon in the Mamp;A process typically focuses on the...

Cross-border mergers and acquisitions (Mamp;As) have become the dominant mode of growth for firms seeking competitive advantage in an increasingly complex and global business economy. Although Human Resource Management (HRM) can play a value-adding role in the merger process, existing research...