Drawing upon the knowledge-based view and team learning,we investigated how heterogeneity in top man agement teams(TMTs)in China in flue nces global expansi on strategies.Using panel data from Chinese listed firms fro...Drawing upon the knowledge-based view and team learning,we investigated how heterogeneity in top man agement teams(TMTs)in China in flue nces global expansi on strategies.Using panel data from Chinese listed firms from 2008 to 2014,we found that TMT functional background heterogeneity could positively affect firms'commitment to outward foreign direct investment(OFDI),as the diversification of TMT members can enrich the team's knowledge,facilitate efficient team learning,and enhance the decision-making capacity on overseas expansi on.However,tenure heterogeneity may hinder knowledge acquisition and team learning among TMT members,hence undermining firms/OFDI commitment.展开更多
In light of the increasing efforts made by emerging market firms to engage in international business through importing activities,identifying the characteristics that motivate importing busi ness and con tribute to it...In light of the increasing efforts made by emerging market firms to engage in international business through importing activities,identifying the characteristics that motivate importing busi ness and con tribute to its success is practically and theoretically meaningful.Drawing upon a knowledge-based view(KBV),we examine how the shareholder internationality affects a firm's importing activities.We hypothesize that the shareholder internationality can facilitate a firm's import initiati on and con tribute to the diversity of importing countries of origin.Moreover,the divergence of shareholders'nationality backgrounds may hinder import initiation,but motivate importing from dispersed countries of origin during the import development process.A longitudinal analysis of Colombian firms supports our hypotheses.展开更多
文摘Drawing upon the knowledge-based view and team learning,we investigated how heterogeneity in top man agement teams(TMTs)in China in flue nces global expansi on strategies.Using panel data from Chinese listed firms from 2008 to 2014,we found that TMT functional background heterogeneity could positively affect firms'commitment to outward foreign direct investment(OFDI),as the diversification of TMT members can enrich the team's knowledge,facilitate efficient team learning,and enhance the decision-making capacity on overseas expansi on.However,tenure heterogeneity may hinder knowledge acquisition and team learning among TMT members,hence undermining firms/OFDI commitment.
文摘In light of the increasing efforts made by emerging market firms to engage in international business through importing activities,identifying the characteristics that motivate importing busi ness and con tribute to its success is practically and theoretically meaningful.Drawing upon a knowledge-based view(KBV),we examine how the shareholder internationality affects a firm's importing activities.We hypothesize that the shareholder internationality can facilitate a firm's import initiati on and con tribute to the diversity of importing countries of origin.Moreover,the divergence of shareholders'nationality backgrounds may hinder import initiation,but motivate importing from dispersed countries of origin during the import development process.A longitudinal analysis of Colombian firms supports our hypotheses.