Changjun Yi, Chuwei Li, Chun Yan, Minmin Guo and Xiaoyang Zhao
The purpose of this study is to investigate the impact of the negative expectation–performance gap on the internationalization speed as well as the moderating role of…
Abstract
Purpose
The purpose of this study is to investigate the impact of the negative expectation–performance gap on the internationalization speed as well as the moderating role of organizational slack, based on the performance feedback theory and the springboard perspective.
Design/methodology/approach
This paper takes the Chinese A-share listed companies engaged in outward foreign direct investment (OFDI) between 2010 and 2022 as the research sample. A two-way fixed effects model is employed to test the research hypotheses, using a dataset comprising 6,868 observations.
Findings
The findings show that there is a positive relationship between the negative expectation–performance gap and internationalization speed for Chinese multinational enterprises (CMNEs). In addition, this effect is stronger in private CMNEs. Furthermore, the relationship is negatively moderated by organizational slack. Additional findings suggest that that negative industry expectation-performance gap has a stronger impact on the internationalization speed. The moderating effect of unabsorbed slack resources is more pronounced.
Practical implications
When emerging market multinational enterprises (EMNEs) face the dilemma of underperforming, they may consider a rapid internationalization strategy as a solution to improve performance. However, EMNEs should be wary of falling into a resource trap. Organizational slack reduces managers’ incentives to identify issues associated with negative performance feedback, thereby diminishing the likelihood of addressing performance challenges through rapid internationalization. For state-owned EMNEs, optimizing organizational structure and improving the efficiency of responses to negative performance feedback are essential.
Originality/value
Unlike previous studies, this paper integrates performance feedback theory and the springboard perspective to explore in depth the relationship between performance feedback, internationalization speed and organizational slack within the context of managers’ cognitive and decision-making mechanisms. It also examines the distinct impacts of historical and industry negative expectation–performance gaps as well as the different moderating roles of absorbed and unabsorbed organizational slack, which have not been explored together before.
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Abstract
Purpose
This study examines the impact of outward foreign direct investment (OFDI) of Chinese multinational corporations (MNCs) and formal and informal institutional distances between the home and host countries on the innovation performance of parent company.
Design/methodology/approach
This study uses panel data to conduct an empirical analysis on the data of 59 mature Chinese MNCs and their 872 overseas subsidiaries over the past 11 years and draws interesting results.
Findings
Results show that OFDI and formal and informal institutional distances between countries exert a significant positive impact on the innovation performance of the parent company and formal and informal institutional distances negatively moderate the impact between OFDI and the parent company's innovation performance.
Originality/value
Although international business research pays increasing attention to transnational differences in institutions and cultures, research on the relationship between technology spillover and distance is relatively limited. In addition, few studies consider the impact of FID and IFID on transnational reverse knowledge spillovers. This research fills these research gaps, and the conclusions have certain practical significance for multinational companies.
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Zhangxin Guo, Zhonggui Li, Junjie Cui, Yongcun Li and Yunbo Luan
The purpose of this paper is to present a finite element analysis (FEA) of filament-wound composites, as well as application of these materials.
Abstract
Purpose
The purpose of this paper is to present a finite element analysis (FEA) of filament-wound composites, as well as application of these materials.
Design/methodology/approach
In this paper, a new finite element method of filament-wound composite is presented. The stress and strain fields in the composite cylinders are analyzed using the ABAQUS software packages for considering the filament undulation and crossover. The paper presented results of buckling load of composite cylinders with different types of filament-winding patterns.
Findings
The result of the example shows that the stress distributions are uniform along the cylinder length and around the circumference when the analytical approach is based on the conventional FEA. The stress distributions are not uniform along the cylinder length and around the circumference for considering the filament undulation and crossover. The stress units are arranged in a regular geometric pattern around circumference and along the axis of rotation. The analysis of the effect of filament-winding mosaic patterns on the mechanical characteristics of composite cylindrical is presented in the paper.
Originality/value
The stress and strain fields in the composite cylinders were analyzed for considering the filament undulation and crossover. The buckling load of composite cylinders with different types of filament-winding patterns was presented in this paper.