Luis A. Perez‐Batres, Michael J. Pisani and Jonathan P. Doh
This paper contributes to the international business lit‐erature by exploring the degree of globalization in our international business journals. Through an investigation of all…
Abstract
This paper contributes to the international business lit‐erature by exploring the degree of globalization in our international business journals. Through an investigation of all multi‐authored articles in core international business journals over a five‐year period, we test the nature of international business authorship by following Rugman’s insights on the regional nature of the MNE. Our findings suggest that within the Triad regions of North America and Western Europe, and similar to MNE patterns and international commerce, international business research is not global. In contrast, within the Triad region of Developed Asia, we find that international business research is global.
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The relationship among foreign direct investment, multinationals, inequality and growth is a vexing one that has occupied considerable scholarly and practical attention for many…
Abstract
Purpose
The relationship among foreign direct investment, multinationals, inequality and growth is a vexing one that has occupied considerable scholarly and practical attention for many decades. To date, international business scholars have not fully concerned themselves with this issue (Buckley, Doh and Benischke, 2017, for an exception). This paper aims to briefly review this literature and report some of the insights of this work. The author draws from and integrates this literature, concluding that multinationals and the foreign investment that emanate from them have a generally positive impact on growth and a generally negative impact on income and wealth equality. The author then details some of the potential contributions MNEs can make to attenuate the negative relationship of foreign direct investment (FDI) on equality, concluding that governments and their policies are the primary vehicle for addressing wealth and income inequality.
Design/methodology/approach
This paper is an essay.
Findings
The relationship between inequality, growth and FDI is complex. On balance, FDI contributes to growth but may exacerbate inequality under some conditions. More research needs to be conducted, and policymakers need to carefully consider these nuanced relationships.
Originality/value
The paper provides review of the relationship of FDI, growth and inequality.
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Jonathan P. Doh and Hildy J. Teegen
Using a proprietary database of telecommunications projects in emerging markets, we investigate key location characteristics of private infrastructure projects in Latin America…
Abstract
Using a proprietary database of telecommunications projects in emerging markets, we investigate key location characteristics of private infrastructure projects in Latin America and Asia. We identify economic, institutional, sectoral, and cultural variables that influence project structure, and compare these environmental and structural characteristics between and within our focal regions. We find that investment projects in Latin America and Asia differ along a number of dimensions and that countries that are successful in attracting projects within regions demonstrate distinct environmental features that appear to draw that investment. We suggest that a contingency perspective is useful for understanding how different regions and countries offer advantages in some areas to compensate for liabilities in others.
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Luis A. Perez-Batres and Jonathan P. Doh
Moving beyond the question of whether large corporations are truly addressing sustainability, some scholars have explored the degree to which CSR activities are purely symbolic or…
Abstract
Purpose
Moving beyond the question of whether large corporations are truly addressing sustainability, some scholars have explored the degree to which CSR activities are purely symbolic or substantive in nature. Most of the studies have focused on external stakeholder pressures. The aim of this chapter is to extend this line of inquiry by theorizing that the dynamics among internal stakeholders also shapes CSR conduct.
Design/methodology/approach
This theoretical contribution borrows from research on socially responsible indices, behavioral corporate governance theory in CSR and from recent research that has leveraged attribution theory to better understand reactions to corporate social irresponsibility (CSiR).
Findings
Our chapter proposes that firms adhering to substantive CSR practice are less likely to be punished by external stakeholders than otherwise. From an internal stakeholder viewpoint, it suggests there is a positive relationship between the number of board ties to reputable universities/nonprofit organizations and substantive CSR practices; and a negative relationship between managerial discretion and substantive CSR practices.
Social implications
This chapter can have social applicability as it deals with stakeholders’ role in pressuring the modern organization to engage in substantive CSR.
Originality/value
As aforementioned, most studies explore the relationship between CSR compliance and external stakeholder pressures. In contrast, the relationship between internal stakeholder dynamics and CSR compliances is still not well understood. Hence, the incorporating of these dynamics provides theoretical insights for the CSR, sustainability, and corporate governance arenas.
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Jonathan P Doh and Barbara Kotschwar
Civil society, as represented by non-governmental organizations (NGOs), is exerting increasing pressure on national governments, multinational corporations, and international…
Abstract
Civil society, as represented by non-governmental organizations (NGOs), is exerting increasing pressure on national governments, multinational corporations, and international institutions. In this chapter we document the evolution of participation by civil society and NGOs in Western Hemisphere economic integration, focusing particularly on the NGO role in three important trade and investment agreements: the U.S.-Canada Free Trade Agreement, the North American Free Trade Agreement, and the Free Trade Area of the Americas process. We find that NGOs are having increasing influence on the trade and investment agreements in the Hemisphere, and are poised to take on a major role in multilateral negotiations and agreements.
Stephen Kobrin's contributions to international management scholarship are highly influential to the field as it has evolved over the past four decades. They include important…
Abstract
Stephen Kobrin's contributions to international management scholarship are highly influential to the field as it has evolved over the past four decades. They include important insights into political risk, business–government relations, FDI theory and corporate social responsibility. His most recent work has leveraged historical perspectives to inform the emerging nature of the global business environment, with particular attention to the emergence of a globally networked economy and its implications for the range of stakeholders – business, government, non-governmental organizations and citizens. In this chapter, I reflect on Kobrin's contributions from the past to the present, summarizing some of the most important and substantial contributions and offering personal reflections on how those insights have affected the field and leading scholars within it.
Jonathan P. Doh, Richard R. Smith, Stephen A. Stumpf and Walter G. Tymon
The effectiveness of HR programs developed to curb turnover of new professionals has rarely been subject to rigorous examination as to their success and applicability across…
Abstract
Purpose
The effectiveness of HR programs developed to curb turnover of new professionals has rarely been subject to rigorous examination as to their success and applicability across cultures. To address this issue, we undertook a study in India to examine professional perceptions of the effectiveness of their organization's talent‐management efforts.
Design/methodology/approach
A random sample of 9,301 individuals (4,811 responded) from 28 companies involving 32 operating entities in India voluntarily participated in this study. Of the respondents 2,723 were new professionals. Actual turnover data for the participants was obtained a year after the initial survey.
Findings
Performance management, professional development, manager support, and socially responsible actions had a positive relationship with pride in and satisfaction with the organization. A lack of pride in and a lack of satisfaction with the organization have a strong relationship with new professionals' intention to leave and subsequent turnover.
Research limitations/implications
Organizations can increase the retention of professional talent through their HR practices and actions which increase the individual's pride in and satisfaction with the organization. Although several steps were taken to achieve a high response rate, and tests on the results provided evidence against a response bias, caution is required. Because this research was conducted exclusively in India we suggest additional research be done in other country settings.
Practical implications
The paper discusses performance‐management, professional development, manager support, and social responsibility actions companies can take to increase retention of professional talent.
Originality/value
This paper discusses a large sample research study in India on four key organizational practices affecting retention of professional talent. The scope of the research using a large sample in India provides unique value on this topic.
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Conventional theories of market entry assume choice availability. This investment assumption is subject to challenges in the power generation market of an emerging economy where…
Abstract
Conventional theories of market entry assume choice availability. This investment assumption is subject to challenges in the power generation market of an emerging economy where the host government controls most key resources and market entry choices. With such constraints, entrants become heavily dependent on their host country partners. This study investigates how the resource dependency frameworks explain better in respect of some US power generation firms that manage to operate electricity facilities in China whereas some have to abort. Using cross‐case analysis, patterns emerged illustrate how two groups of entrants manage key resources differently.