Increasing globalization of economy has provided fresh impetus to internationalization efforts of firms from both developed and emerging economies. Extant research in this area has been carried out with the perspective of firms from developed economies. The issue of internationalization efforts...

Firms adopt distinct strategic orientation in response to change in environment. Deregulation is a drastic change in firm’s environment. This paper attempts to explain strategic orientation exhibited by firms in response to deregulation from an institutional theory perspective. Integrating...

With increasing globalization, competitive landscape has undergone tremendous change. To cope up with turbulent environmental demands, firms are entering into alliances to bridge capability gap. However, movement from skill substitution to capability development requires firms to adopt...

Response uncertainty defined as not knowing how to respond to a known event has been identified as the major uncertainty faced by decision makers, especially where organizatioal action is unavoidable. However, a granular understanding of response uncertainty is missing in the existing...

Strategic decision making under uncertainty has been typified as an uncertainty mitigation activity. However, this hypothesis breaks down under conditions of very high uncertainty as it demands judgment on the part of managers. Research on this topic is sparse. To decode the black box of...

The paper shows that an IMF-like coinsurance arrangement among countries can play a useful role in the global financial system. The operation of the coinsurance arrangement is examined under different loan contracts. It shows that, if the IMF?s objective is to safeguard its resources and be...

The paper shows that an IMF-like coinsurance arrangement among countries can play a useful role in the global financial system. The operation of the coinsurance arrangement is examined under different loan contracts. It shows that, if the IMF´s objective is to safeguard its resources and be...