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. Patents are negatively related to external debt when external uncertainty in the form of political risk is high. However, we do not find similar significant results for location-bound and subsidiary ... debt contracting problematic (Williamson, 1988) . In host-country contexts with high external uncertainty, as proxied by political risk, we therefore expect external debt to be negatively related to
standards, and the global political economy. Therefore, a global perspective is essential to expand and deepen our understanding of the interactions between MNEs and institutional environments, considering ... multiple forces. The SSD model (Smith & Meiskins,1995) can help us understand cross-national behaviour and strategies of MNEs in a broader context of the global political economy and extend our
Although there is extensive research in the field of services and lately on the internationalization of services, the topic of how service firms interact with society and political organizations ... theoretical view. Dissimilar to the earlier research where each study stands on a specific theoretical discipline (economic, behavioural or political science), the proposed theoretical view asserts the need for
, political change accompanied by shifts in rules and norms might challenge MNCs’ legitimacy in the host country and/or impose new institutional demands, which can be managed through corporate political ... reduce some aspects of MNCs’ liability of foreignness by closing the asymmetrical information gap between these firms and political decision-makers (Kline & Brown, 2019) . Several studies examine how
these areas, bringing useful ethical insights and practices from political science, sociology or philosophy (Scherer and Palazzo 2007). Although there are innumerable challenges to data collection and to ... Mohr Introduction First Online: 08 October 2018 142 Downloads 1 Introduction For the past 50 years, business and management and political science and international relations scholars
, the study manifests how service MNEs manage three types of actors (business, political and social) having their legitimacy in different systems. The cases illustrate cross-border activities where MNEs ... political actors and cooperate to strengthen their competitive market position. The study concludes that successful cooperation is partially explained by the management’s ability to incorporate business
findings on the relationship remain contradictory. Although researchers emphasize the home-country-bounded nature of EMNEs, less is known about how home-government features and the EMNEs’ political mindset ... convert political systems or learn to shift into a different regime for development needs (Deng & Zhang, 2018). Studies suggest that changes of political systems, as reflected by high government
important contributions to both the de-globalization and GVCs literature. The de-globalization literature suggests that changes in the global structural and political systems to protect national economies ... limited insights into the potential impacts of industrial risks - such as the collapse of sales due to competition (Hendricks et al., 2009) - or political risks, including red tape, expropriation, and non
–64) . They delineate what is legally permitted, rewarded, or punished and are often conceptualized in terms of political stability, governmental effectiveness, or rule of law, referring to the second ... environments, consumers trust in and rely on their government for protection; in contrasting societies, their need for security increases (e.g., Steenkamp & Geyskens, 2006) . Additionally, weaker political
witnessed significant political and economic uncertainty on the back of events such as the election of Donald Trump in the US as well as the UK’s 2016 vote to exit the EU, not to mention the increasingly ... . Much literature has focused on understanding how MNEs view and strategize on the differences between home and host country environments, such as institutional and cultural differences, and on political
would like to thank Ann L. Cunliffe, Will Harvey, Henriett Primecz, Hinrich Voss and participants at the Research Seminar Series (organised by the Department of Business, Strategy and Political Sciences ... work across the humanities, philosophy and sociology placed him at the forefront of the social sciences in the latter half of the 20th century (Jenkins, 2002) . Reflexivity remains a concept of
Ali, one of the important figures in the history of Islam, has a extraordinary life that draws attention to his extraordinary life, family life, relations with his environment, and political struggle ... political conflicts and being the son-in-law of the Prophet made him different from other people. Therefore, some of his actions caused controversy. One of Ali's most controversial action is his attempt to
, protectionism is often a form of political rent seeking. This form of rent seeking may decrease returns to innovation, interfere with fair competition between local and foreign firms, and aggravate MNC ... may be reduced when MNC subsidiaries have a strong political connection with local governments. Hypothesis 4 The negative relationship between local protectionism and performance of MNC subsidiaries is
Foreign firms in emerging countries face various institutionally-driven challenges. Nonmarket strategy scholars argue that these challenges incite corporate political activity. Consequently ... choice and extent of political strategies. However, not much is known about how investment climate constraints affect the political ties of foreign firms in contexts other than US, Europe and Asia. Drawing
writing will be examined based on the work named al-Iktifā’fī maghāzī Resul Allāh ve's selāseti'l hulefā written by al-Kalāʿī. The projections of the political, scientific and literary environment in which ... written in the late period in terms of sīra writing, will be emphasized. In addition to the political environment, Kelâî was also influenced by the geography he lived in, scientifically and literally. It is
historical process and the study of this process are called “historical epistemology”. In this article, the interaction of the Islamic Family in social, political, cultural, religious, and economic fields and ... political interests, or as an entity that lives only for humanly needs and cannot produce ideas, the family will also emerge as a form that will serve these purposes. At this point, ideologies, religions
In this article, we examine the mechanisms of the corporate political activities of service multinational enterprises (SMNEs) operating in an emerging economy. Reporting the findings of qualitative ... Mellahi et al. (2016), the development of the non-market strategy field requires for any analyses to be conducted in tandem with other disciplines such as philosophy, sociology, and the political sciences
that globalization is declining and the world is becoming less integrated. The 2008–9 financial crisis and the external political events, such as the Brexit (the UK leaving the EU), reinvigorated the ... , Temple University, Philadelphia, USA School of Business Administration, Stetson University, DeLand, USA Acemoglu , D. , & Johnson , S. ( 2005 ). Unbundling institutions . Journal of Political Economy
