Purpose – The purpose of this paper is to show how the institutional context in an emerging economy, Russia, moderates the “do or buy” decision of international firms operating in the country. This is examined through the influence of institutional voids on transaction costs and definition...

Telecommunications giant Cable and Wireless adopted a three‐prong approach to slimming down its in‐house HR, which Ian Muir, vice‐president of group human resources, described as “too big, too expensive and with a cost base that was fixed rather than variable”. First, the company began...

Purpose – The motivation for this study is triggered by the fact that lately contract manufacturers in China have to deal with a number of unprecedented cost pressures such as currency fluctuations, the VAT rebate reduction, and minimum wage enforcement. As cost pressures in China continue to...