The paper analyses how cooperation in a repeated social game may help to sustain cooperation in a "linked" repeated production game. We show that this may happen a)because of available "social capital", defined as the slack of punishment power present in the social repeated game, b) because,...

Research on the recruitment process has traditionally been dominated by two approaches, namely the psychometric and the social process approaches. However, both of these have been critisized for focusing exclusively on scientific rationality and effeciency. In this paper an interpretative...

This study investigates the relationship between human resource management (HRM) and the performance of 101 foreign-owned subsidiaries in Russia. The study's results provide support for the assertion that investments in HRM practices can substantially help a firm perform better. Further,...

The performance of individual stockbrokers differs. This paper aims at explaining these differences, or at least at making some sense of them. In a study of fourteen stockbrokers, the high performing brokers described their working life in a systematically different way, compared to the low...

In this paper, two rather different theories of action are identified within the field of “managerial and organizational cognition”. These theories are expressions of the two fundamentally different Weltanschuungen of scientism and humanism. The two theories and their different ontological...

This paper extends the literature on organizational culture and effectiveness by examining a set of foreign-owned firms operating in Russia. Beginning with an existing model of organizational culture and effectiveness, the paper presents two linked studies. The first study is a survey of 179...

I present a model of international trade and foreign direct investment (FDI), where FDI is comprised of greenfield FDI and mergers and acquisitions (M&A). Working in a monopolistically competitive environment, merging firms do not reduce competition. Mergers are motivated by efficiency gains and...

This paper examines two broad issues related to foreign investment by Swedish multinationals: first the effects of outward foreign direct investment on domestic investment, exports, and employment, and second, the effects on the domestic economy from the increasing division of labor between the...

This paper investigates whether European integration has an effect on the geographical concentration of Swedish multinationals' production inside the European Union. The results indicate that agglomeration and dispersion forces are present, and that the relative strength of these forces has been...

Internationalized production, that is, production by multinational firms outside their home countries has increased over the last two decades, but it was still, in 1990, only about 7 per cent of world output. The share was higher, at 15 per cent in "industry", including manufacturing, trade,...