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To overcome the costs of doing business abroad, researchers have suggested either legitimacy- or efficiency-based solutions. However, both types of solutions still treat host-country customers as external to the theory. We highlight the role of customers in the international professional...
Persistent link: https://www.econbiz.de/10011212492
The purpose of this study is to investigate the relationships between firm resources and performance. We divide firm resources into two types: primary resources and support resources. Primary resources include technological assets and reconfiguration capabilities, which directly contribute to a...
Persistent link: https://www.econbiz.de/10005237064
Our study investigates the effect of Japanese horizontal keiretsu group membership on firm risk and return. Like prior studies, our results show that horizontal keiretsu membership has a negative effect on firm profitability. However, we find that horizontal keiretsu networks are likely to...
Persistent link: https://www.econbiz.de/10005207859
Transaction cost theory posits that culture plays a limited role in the choice between JV and WOS. In contrast, research suggests that firms' preferred level of ownership in their foreign subsidiaries is influenced primarily by cultural traits. This study provides additional evidence in this...
Persistent link: https://www.econbiz.de/10005149661
This study examines the relationship between ownership entry modes and performance. The ownership entry modes examined are the wholly owned modes of acquisition and new venture entry, and the non-wholly owned mode of joint venture entry. A theoretical relationship is developed for international...
Persistent link: https://www.econbiz.de/10005149869
1. How traditional Japanese MNEs have changed their business models -- 2. Internationalization of Japanese local, niche, and unicorn companies -- 3. The recovery from natural disaster -- 4. Servitaization -- 5. Evolution of Japanese HRM (Inclusion and diversity).
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