Subjects -> BUSINESS AND ECONOMICS (Total: 3510 journals)
    - ACCOUNTING (127 journals)
    - BANKING AND FINANCE (297 journals)
    - BUSINESS AND ECONOMICS (1231 journals)
    - CONSUMER EDUCATION AND PROTECTION (20 journals)
    - COOPERATIVES (4 journals)
    - ECONOMIC SCIENCES: GENERAL (202 journals)
    - ECONOMIC SYSTEMS, THEORIES AND HISTORY (235 journals)
    - FASHION AND CONSUMER TRENDS (20 journals)
    - HUMAN RESOURCES (103 journals)
    - INSURANCE (26 journals)
    - INTERNATIONAL COMMERCE (145 journals)
    - INTERNATIONAL DEVELOPMENT AND AID (103 journals)
    - INVESTMENTS (22 journals)
    - LABOR AND INDUSTRIAL RELATIONS (61 journals)
    - MACROECONOMICS (17 journals)
    - MANAGEMENT (586 journals)
    - MARKETING AND PURCHASING (106 journals)
    - MICROECONOMICS (23 journals)
    - PRODUCTION OF GOODS AND SERVICES (143 journals)
    - PUBLIC FINANCE, TAXATION (37 journals)
    - TRADE AND INDUSTRIAL DIRECTORIES (2 journals)

INTERNATIONAL COMMERCE (145 journals)                     

Showing 1 - 136 of 136 Journals sorted by number of followers
Journal of Monetary Economics     Hybrid Journal   (Followers: 96)
Information Technologies & International Development     Open Access   (Followers: 82)
International Economic Review     Hybrid Journal   (Followers: 61)
International Labour Review     Partially Free   (Followers: 60)
Journal of International Business Studies     Hybrid Journal   (Followers: 47)
IMF Economic Review     Hybrid Journal   (Followers: 44)
Review of International Political Economy     Hybrid Journal   (Followers: 41)
Journal of International Money and Finance     Hybrid Journal   (Followers: 39)
Journal of International Economics     Hybrid Journal   (Followers: 38)
International Review of Social History     Full-text available via subscription   (Followers: 33)
Journal of International Development     Hybrid Journal   (Followers: 32)
International Review of Economics & Finance     Hybrid Journal   (Followers: 30)
International Review of Law and Economics     Hybrid Journal   (Followers: 27)
International Finance     Hybrid Journal   (Followers: 27)
PharmacoEconomics     Full-text available via subscription   (Followers: 27)
Journal of International Marketing     Full-text available via subscription   (Followers: 24)
Quarterly Journal of Political Science     Full-text available via subscription   (Followers: 20)
Journal of International Financial Markets, Institutions and Money     Hybrid Journal   (Followers: 20)
International Journal of Applied Behavioral Economics     Full-text available via subscription   (Followers: 19)
Journal of World Trade     Full-text available via subscription   (Followers: 19)
Human Resource Management International Digest     Hybrid Journal   (Followers: 19)
Journal of International Trade Law and Policy     Hybrid Journal   (Followers: 19)
Career Development International     Hybrid Journal   (Followers: 18)
Human Resource Development International     Hybrid Journal   (Followers: 18)
European Business Law Review     Full-text available via subscription   (Followers: 17)
African Journal of Economic and Sustainable Development     Hybrid Journal   (Followers: 17)
Journal of Contemporary European Research     Open Access   (Followers: 16)
Studies in Comparative International Development     Hybrid Journal   (Followers: 16)
International Labor and Working-Class History     Full-text available via subscription   (Followers: 15)
International Environmental Agreements: Politics, Law and Economics     Hybrid Journal   (Followers: 14)
Review of International Economics     Hybrid Journal   (Followers: 14)
International Marketing Review     Hybrid Journal   (Followers: 13)
Advances in Accounting     Hybrid Journal   (Followers: 12)
Journal of International Trade & Economic Development: An International and Comparative Review     Hybrid Journal   (Followers: 12)
International Small Business Journal     Hybrid Journal   (Followers: 11)
European Company Law     Full-text available via subscription   (Followers: 11)
International Review of Financial Analysis     Hybrid Journal   (Followers: 10)
Journal of International Entrepreneurship     Hybrid Journal   (Followers: 10)
Journal of the Association for Consumer Research     Full-text available via subscription   (Followers: 10)
International Business Review     Hybrid Journal   (Followers: 9)
World Competition     Full-text available via subscription   (Followers: 9)
International Review of Finance     Hybrid Journal   (Followers: 9)
World Trade and Arbitration Materials     Full-text available via subscription   (Followers: 9)
Journal of International Consumer Marketing     Hybrid Journal   (Followers: 9)
International Entrepreneurship and Management Journal     Hybrid Journal   (Followers: 8)
International Studies of Management and Organization     Full-text available via subscription   (Followers: 8)
Emerging Markets Finance and Trade     Hybrid Journal   (Followers: 8)
Journal for International Business and Entrepreneurship Development     Hybrid Journal   (Followers: 8)
International Economic Journal     Hybrid Journal   (Followers: 8)
Information Resources Management Journal     Full-text available via subscription   (Followers: 8)
International Public Management Journal     Hybrid Journal   (Followers: 8)
Antitrust Bulletin     Hybrid Journal   (Followers: 8)
Competition and Regulation in Network Industries     Full-text available via subscription   (Followers: 7)
Management International Review     Hybrid Journal   (Followers: 7)
International Advances in Economic Research     Hybrid Journal   (Followers: 6)
International Review of Applied Economics     Hybrid Journal   (Followers: 6)
International Economics and Economic Policy     Hybrid Journal   (Followers: 6)
Global Trade and Customs Journal     Full-text available via subscription   (Followers: 6)
South African Journal of International Affairs     Hybrid Journal   (Followers: 6)
TDM Transnational Dispute Management Journal     Full-text available via subscription   (Followers: 5)
Journal of International Management     Hybrid Journal   (Followers: 5)
EC Tax Review     Full-text available via subscription   (Followers: 5)
Journal of International Accounting, Auditing and Taxation     Hybrid Journal   (Followers: 5)
Intertax     Full-text available via subscription   (Followers: 4)
Journal of Chinese Human Resource Management     Hybrid Journal   (Followers: 4)
IN VIVO     Full-text available via subscription   (Followers: 4)
Journal of the Japanese and International Economies     Hybrid Journal   (Followers: 4)
International Insolvency Review     Hybrid Journal   (Followers: 4)
International Review of Economics     Hybrid Journal   (Followers: 4)
Journal of International Financial Management & Accounting     Hybrid Journal   (Followers: 4)
Journal of Revenue and Pricing Management     Hybrid Journal   (Followers: 4)
Revue Internationale du Travail     Full-text available via subscription   (Followers: 3)
Foreign Trade Review     Hybrid Journal   (Followers: 3)
Syracuse Journal of International Law and Commerce     Open Access   (Followers: 3)
European Journal of International Management     Hybrid Journal   (Followers: 3)
International Review of Retail, Distribution and Consumer Research     Hybrid Journal   (Followers: 3)
Monthly Statistics of International Trade - Statistiques mensuelles du commerce international     Full-text available via subscription   (Followers: 3)
International Economics     Hybrid Journal   (Followers: 3)
International Review on Public and Nonprofit Marketing     Hybrid Journal   (Followers: 3)
Management international / International Management / Gestiòn Internacional     Full-text available via subscription   (Followers: 3)
World Food Policy     Hybrid Journal   (Followers: 3)
Digital Finance : Smart Data Analytics, Investment Innovation, and Financial Technology     Hybrid Journal   (Followers: 3)
Journal of International Food & Agribusiness Marketing     Hybrid Journal   (Followers: 2)
Asian Journal of Shipping and Logistics     Open Access   (Followers: 2)
International Transactions In Operational Research     Hybrid Journal   (Followers: 2)
China Business Review     Full-text available via subscription   (Followers: 2)
Qualitative Research in Financial Markets     Hybrid Journal   (Followers: 2)
Journal of Chinese Economic and Foreign Trade Studies     Hybrid Journal   (Followers: 2)
International Trade Journal : Western Hemispheric Studies     Hybrid Journal   (Followers: 2)
Journal of Korea Trade     Full-text available via subscription   (Followers: 1)
MEED Middle East Economic Digest     Full-text available via subscription   (Followers: 1)
Global Summitry     Hybrid Journal   (Followers: 1)
Global & Strategis     Open Access   (Followers: 1)
Acta Economica Et Turistica     Open Access   (Followers: 1)
Transnational Corporations Review     Hybrid Journal   (Followers: 1)
Economic Journal of Emerging Markets     Open Access   (Followers: 1)
International Journal of Export Marketing     Hybrid Journal   (Followers: 1)
World Oil Trade     Hybrid Journal   (Followers: 1)
Journal of Economics and International Finance     Open Access   (Followers: 1)
Estudos Internacionais : revista de relações internacionais da PUC Minas     Open Access   (Followers: 1)
Research World     Hybrid Journal   (Followers: 1)
Asia and the Global Economy     Open Access   (Followers: 1)
Economics Research International     Open Access   (Followers: 1)
Revue internationale P.M.E. : économie et gestion de la petite et moyenne entreprise     Full-text available via subscription   (Followers: 1)
Critical Perspectives on International Business     Hybrid Journal   (Followers: 1)
International Commerce Review     Hybrid Journal   (Followers: 1)
Botswana Journal of Economics     Open Access   (Followers: 1)
Journal of Antitrust Enforcement     Hybrid Journal   (Followers: 1)
Japanese Political Economy     Full-text available via subscription   (Followers: 1)
International Journal of Asian Business and Information Management     Full-text available via subscription   (Followers: 1)
L'Année du Maghreb     Open Access   (Followers: 1)
Amnis     Open Access   (Followers: 1)
China Economic Quarterly International     Open Access  
Regional Formation and Development Studies     Open Access  
Journal of Reviews on Global Economics     Open Access  
Journal of International Business Policy     Hybrid Journal  
East Asian Community Review     Hybrid Journal  
Ekonomia Międzynarodowa     Open Access  
Jurnal Ilmu Ekonomi Terapan     Open Access  
Jurnal Hubungan Internasional     Open Access  
Journal of Advanced Research in Economics and International Business     Full-text available via subscription  
Proceedings of the International Conference on Business Excellence     Open Access  
Journal of Accounting and Finance in Emerging Economies     Open Access  
International Journal of Governance and Financial Intermediation     Hybrid Journal  
South American Development Society Journal     Open Access  
Revista Multiface Online     Open Access  
Revue internationale de l'économie sociale     Full-text available via subscription  
Expert Journal of Business and Management     Open Access  
Crossroads     Hybrid Journal  
Relações Internacionais (R:I)     Open Access  
Revista Brasileira de Gestão de Negócios     Open Access  
Journal of Theoretical and Applied Electronic Commerce Research     Open Access  
International Journal of Commerce and Management     Hybrid Journal  
EMAJ : Emerging Markets Journal     Open Access  
Journal of International Commerce, Economics and Policy     Hybrid Journal  
Journal of Comparative International Management     Full-text available via subscription  

           

Similar Journals
Journal Cover
Journal of International Business Policy
Number of Followers: 0  
 
  Hybrid Journal Hybrid journal (It can contain Open Access articles)
ISSN (Print) 2522-0691 - ISSN (Online) 2522-0705
Published by Springer-Verlag Homepage  [2467 journals]
  • Correction to: Multilevel determinants of MNC corruption risk

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      PubDate: 2022-12-01
       
  • List of Guest Editors

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      PubDate: 2022-12-01
       
  • Voluntary programs and emissions revisited: What is the effect of EU trade
           agreements with environmental provisions'

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      Abstract: Abstract Multinational enterprises operating global value chains are being increasingly pressured to source from suppliers that adopt green private standards. Likewise, public policymakers are also pressured to reduce national pollution levels to contribute to sustainable development initiatives. In this context, while there is extensive debate on how domestic, country-specific environmental regulations interact with private standards (adopted by firms) in reducing national pollution levels, less is known about the role of international trade policies, which have recently embraced an array of sustainability issues. Our paper seeks to extend our understanding of the extent to which ISO environmental certifications affect a country’s level of emissions of greenhouse gases and air pollutants, and whether the European Union’s environmental protection (EP) standards – as mediated through trade agreements – condition this response. Prior research provides mixed evidence on the impact of the adoption of ISO-14001 on pollution reduction. Based on prior literature and using institutional theory and environmental stewardship perspectives, we expect that membership of trade agreements with EP provisions would complement the effect of ISO-14001 uptakes in reducing national pollution levels. Our arguments and results emphasize the complexity between private and public regulations on pollution reduction.
      PubDate: 2022-12-01
       
  • Multilevel determinants of MNC corruption risk

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      Abstract: Abstract We explore the multi-level determinants of firm-level corruption risk among multinational corporations (MNCs) in both developed and developing market economies in a comparative context. We argue that institutional and regulatory environments affect MNCs’ anti-corruption performance. We employ a comprehensive measure of MNC corruption risk and find evidence for the influence of country-level institutional and regulatory effects, while firm-level financial characteristics also influence anti-corruption performance. Furthermore, the effects of institutional and regulatory environments differ between developed and developing markets. In general, our framework and results highlight the utility of strong legal and regulatory environments, particularly in developing markets, to combat MNC corruption risk.
      PubDate: 2022-12-01
       
  • The wind energy global value chain localisation and industrial policy
           failure in South Africa

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      Abstract: Abstract This article utilises a GVC analytic framework to analyse the wind energy value chain in South Africa and its impact on localisation of goods and services. Its theoretical contribution highlights governance as dependent on system integration dynamics, with lead firms operating as system integrators. The empirical analysis focuses on the interplay between energy and industrial policy showing how policy failure, driven by coal-based vested interests, disrupted system integration and undermined the renewable energy programme. The failure to ensure continuity and predictability of the auction bidding process within energy policy cascaded down the wind energy chain negatively impacting industrial policy attempts to localise domestic and foreign enterprises. This also derived from the South African government failing to prioritise, develop, and embed renewable energy as a green economy strategy within its industrial policy framework. We conclude with the following lessons: (a) GVC dynamics and lead firms cannot be ignored if localisation is to take root; (b) green strategies should be mainstreamed within industrial policy; (c) localisation starts with lead firms encouraging follower sourcing of first tier suppliers; (d) localising domestic value-added services is just as important as developing manufacturing enterprises.
      PubDate: 2022-12-01
       
  • Financial and fiscal incentives and inward foreign direct investment: When
           quality institutions substitute incentives

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      Abstract: Abstract We analyze the impact of host country investment incentives on inward foreign direct investment. Building on institutional economics, we argue that financial and fiscal incentives are effective in attracting greenfield projects because they reduce the short-term establishment and long-term operational costs, respectively. We also propose that the effectiveness of the incentives varies with the institutional quality of the host country because institutional quality reduces the indirect cost of transacting in the location; thus, quality institutions have the potential to act as substitutes for incentives. The analysis of greenfield projects in 106 countries in 2010–2017 reveals that although financial and fiscal incentives have a positive impact on greenfield investments when studied separately, financial but not fiscal incentives are effective in attracting greenfield projects when analyzed together. This is a novel finding as much of the literature has concentrated on studying one type of incentive at a time. Additionally, we find that financial incentives are more effective in attracting greenfield projects in countries with high-quality institutions, while fiscal incentives are more effective in countries with low-quality institutions. Policymakers may want to concentrate on creating high-quality institutions not only because of their direct effect in attracting foreign investments, but also because they substitute for the need to provide incentives to attract foreign direct investment.
      PubDate: 2022-12-01
       
  • From the liability to the advantage of refugeeness

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      Abstract: Abstract We analyze how refugees can contribute to resettlement countries by becoming innovative employees. Refugees are individuals forced to migrate to another country in search of safety, in a hurry, and with few resources. As a result, they suffer from destitution and discrimination in the resettlement country, which we refer to as their “liability of refugeeness.” However, building on insights from case studies, we argue and explain how their liability of refugeeness may become an advantage of refugeeness that enables them to become innovative employees through a human capital upgrading process. Specifically, we first propose that refugees upgrade their human capital via three psychological drivers: courage, perseverance, and resilience. We then suggest that these three drivers are facilitated by the interaction between the support and mentoring received in the early years of resettlement when the liability of refugeeness is most pronounced. This results in four types of refugees with varying success in their human capital upgrading: supported-and-mentored, mentored, supported, and not-supported-and-not-mentored. Finally, we argue that combining their upgraded human capital with the frugal mindset developed from their experiences as refugees helps them to become innovative employees, thus turning the liability of refugeeness into an advantage of refugeeness.
      PubDate: 2022-12-01
       
  • WTO accession and firm exports in developing economies

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      Abstract: Abstract The World Trade Organization (WTO) has a significant impact on international business activities due to its actions and decisions that set the rules of international trade. However, our understanding of how WTO affects firm behavior is limited. Taking advantage of the variations in entry dates to the World Trade Organization, we perform difference-in-differences estimation to examine whether a country’s accession to the WTO significantly increases firms’ export intensity. In addition, we apply insights from the threat-rigidity hypothesis to argue that firms’ reactions to supranational institutions vary depending on how managers perceive the institutional environment. We find that firms from countries that enter the WTO experience significantly higher growth in export intensity when their managers have positive perceptions about domestic institutions. In contrast, accession to the WTO does not significantly increase firms’ export intensity whose managers perceive domestic institutions as obstacles. Our findings suggest that supranational institutions, such as the WTO, play an important role in the strategic decisions that firms make. However, the full value of such institutions can only be realized if the managers are aware and positively disposed to engage with these institutions.
      PubDate: 2022-12-01
       
  • Creating innovation capabilities for improving global health: Inventing
           technology for neglected tropical diseases in Brazil

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      Abstract: Abstract Previous research on innovation capabilities in emerging economies shows knowledge networks tied to Western multinationals and national governments focused on economic growth. Less understood is the innovation capability building of emerging economies to achieve ‘good health’, an important Sustainable Development Goal. Here, we present a longitudinal study of a public research organization in an emerging economy and examine how it builds innovation capabilities for creating vaccines, drugs, and diagnostics for diseases primarily affecting the poor. We study FIOCRUZ in Brazil using archival, patent, and interview data about invention of technologies for neglected tropical diseases. We contribute novel insights into the evolution of knowledge networks, as national policy integrates innovation and health goals. We found significant diversification of local and foreign knowledge sources, and substantial creation of networks with public, private, and non-governmental organizations enabling collective invention. These R&D networks attract many multinationals to collaborate on socially driven innovation projects previously non-existent in their portfolios. The public research organization leads collaborations with multinationals and diverse partners, harnessing distributed international knowledge. Our results indicate emerging economies’ capabilities depend on elevating policies to increase health access for the poor to drive innovation and promoting local R&D to generate solutions to improve health.
      PubDate: 2022-09-02
      DOI: 10.1057/s42214-022-00143-y
       
  • International business policymaking for a “wicked” world

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      Abstract: Abstract Many international business (IB) issues are “wicked”, requiring specific policymaking approaches and capabilities. COVID-19 has accentuated their wickedness, contributing also to global structural shifts, which pose significant challenges and opportunities for transformation policymaking. This commentary extends the second-generation wicked problem (WP) literature and proposes a third-generation WP approach focusing on morality and time, which have been often overlooked. Drawing on the WP literature, I propose three policymaking principles (i.e., time-sensitive logics, actioning a moral imperative, empathy, and reflexivity) and two types of meta-capabilities (i.e., resilience and entrepreneurial meta-capabilities). Time-sensitive logics sensitize decision-makers to cause-effect lags and help synch their approaches with governance, system and strategic policymaking logics. Actioning a moral imperative helps curb perverse managerial incentives to address only feasible WP parts. Empathy and reflexivity outline the importance of humanizing WPs and prompt decision-makers to reflect on their own mental models and biases when addressing WPs. Resilience meta-capabilities underscore anticipatory, coping, adaptive and transformative capabilities needed to address WPs in order to “bounce beyond adversity”. Entrepreneurial meta-capabilities outline five entrepreneurial policymaking elements suited for addressing WPs. These principles and meta-capabilities can guide policymakers and managers to better navigate the wickedness of COVID-19 and address WPs beyond it.
      PubDate: 2022-09-01
      DOI: 10.1057/s42214-021-00113-w
       
  • Additionality or opportunism: Do host-country R&D subsidies impact
           innovation in foreign MNC subsidiaries'

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      Abstract: Abstract Host-country policies shape the incentives and opportunities of MNC subsidiaries to innovate. However, prior research largely ignores the agency of foreign MNC subsidiaries receiving government R&D subsidies from their host countries. Subsidiaries may increase R&D investments and innovation outputs as intended by governments or merely accept the additional funds while continuing R&D programs that they would have undertaken anyway. In this exploratory study, we investigate whether R&D subsidies trigger additional input, output, and behavioral innovation effects in foreign MNC subsidiaries. Based on longitudinal data from Germany, we find that foreign MNC subsidiaries increase their R&D investments more than comparable domestic firms in response to an R&D subsidy. Moreover, MNC subsidiaries experience comparatively stronger effects in innovation performance from subsidy-induced R&D. However, subsidies also shift attention away from the subsidiaries’ original R&D activities. We interpret our findings by integrating theory from subsidy additionality literature into models of MNC subsidiary innovation. Our findings have implications for both MNC subsidiaries and policymakers who seek to attract foreign R&D investment in a host country.
      PubDate: 2022-09-01
      DOI: 10.1057/s42214-021-00106-9
       
  • Does global integration stimulate corporate citizenship' The effect of
           international trade agreements and regulatory quality on state and private
           firm adoption of CSR standards

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      Abstract: Abstract We examine the effects of global trade integration on firm-level adoption of CSR standards as measured by the United Nations’ Global Compact Initiative. Building on policy transfer and economic institutionalism, we propose that country-level participation in trade agreements, and higher levels of regulatory quality, encourages firm-level adoption of CSR standards. We also suggest that participation in these trade agreements stimulates greater adoption of CSR standards from state-owned firms than privately owned firms because those agreements increase the accountability of state firms to supranational institutions, whereas private firms are already accountable to their respective state and domestic institutions. Moreover, we argue that the positive effect of trade agreements on the adoption of CSR standards is higher in countries with higher levels of regulatory quality. These insights are important for research on how economic integration affects firm-level strategies, especially those related to CSR, and for policymakers facing choices as to whether to enter into trade agreements and what types of agreements to enter. Analyses from 152,267 firm-year observations from 11,992 firms in 133 countries spanning 2000–2014 provide robust support for the arguments.
      PubDate: 2022-09-01
      DOI: 10.1057/s42214-021-00104-x
       
  • The effect of MNEs’ technology startup acquisitions on small open
           economies’ entrepreneurial ecosystems

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      Abstract: Abstract The strength and innovativeness of small open economies (SOECs) have long attracted multinational enterprises’ (MNEs’) entry. However, in their quest for new knowledge and technological capabilities, MNEs have been active in acquiring the technology-based startups in these countries. While some of these acquisitions are beneficial to the development and growth of SOECs’ entrepreneurial ecosystems, others can have serious long-term negative effects that have not been sufficiently recognized in the literature. We discuss the policy implications of MNEs’ acquisitions of technology-based startups, especially for SOECs’ entrepreneurial ecosystems.
      PubDate: 2022-09-01
      DOI: 10.1057/s42214-021-00128-3
       
  • Protectionism through legislative layering: Implications for auditors and
           investors

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      Abstract: Abstract Protectionism is on the rise. Although it tends to be associated with tariffs on imports, governments are increasingly applying other mechanisms to influence international business. Import substitution initiatives have been used to replace purchases from foreign producers with local alternatives. Russia implemented import substitution through legislative layering where layers of regulation created requirements targeting different industries and companies. Following sanctions imposed in 2014 on Russia, the government responded with additional import substitution efforts. We are interested in effects of such measures on the Big 4, global professional service firms, and the choice of auditors by partially privatized enterprises (PPEs). PPEs have more complex multilevel agency problems because it is less clear who is in charge. We find that companies with state ownership were more likely to switch away from the Big 4, and this was more pronounced for companies in strategic industries. It also contributed to companies switching from the Big 4 to the next tier of audit firms. After 2015, PPEs were less likely to receive a modified audit opinion on IFRS audits. However, auditor changes did not occur at the cross-listed enterprises that are under enhanced monitoring from global investors and foreign stock exchanges.
      PubDate: 2022-09-01
      DOI: 10.1057/s42214-021-00114-9
       
  • The world has a unique opportunity: Accelerating technology transfer and
           vaccine production through partnerships

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      Abstract: Abstract The global roll-out of vaccines is crucial to defeating the pandemic, but the lack of technical know-how and manufacturing infrastructure for production are constraining the speedy provision of vaccines globally. This will remain true even if the intellectual property rights of COVID-19 vaccines are waived temporarily. To accelerate technology transfer and global vaccine production, this article calls for the promotion of joint ventures between global COVID-19 vaccine manufacturers and local pharmaceutical companies so as to create regional manufacturing hubs. These joint ventures must be supported financially by global North countries, international organisations, and host-country governments. This approach will incentivize pharmaceutical companies to share not only their patents but also tacit production knowledge because the risk and cost of setting up new facilities will be shared. In this paper, we show how the joint venture approach will have benefits for all the actors involve and generate positive impact on Sub-Saharan Africa and other regions over the long run. Following these policy proposals will not only help protect the global community from COVID-19 but will also present a rare window of opportunity to stimulate the life science industry in the global South, supporting sustainable economic and technological development.
      PubDate: 2022-09-01
      DOI: 10.1057/s42214-021-00124-7
       
  • Emerging international compliance: Policy implications of a money
           laundering case

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      Abstract: Abstract By conducting a qualitative single case study, we have depicted in this study a suspected case of international money laundering in Finland, and described its consequences in terms of policy changes. The case allowed us to investigate how new anti-money laundering policies emerge over time and thus advance knowledge relevant to formulating effective international business policies. Building on institutional heterogeneity and the co-evolutionary nature of change, we have proposed a new framework depicting emerging international compliance in order to promote understanding of this complex, yet dynamic phenomenon. The literature repeatedly highlights the role of formal policies in mitigating international money laundering, however, we have paid additional attention to unethical business practices and the moral aspect recognised to be important in terms of curbing the problem. This is particularly relevant for MNCs, as they can aid institutional change internationally by spreading ‘company best practices’. We also present the managerial and policy implications of solving moral problems related to money laundering from the perspective of governments, society and organisations.
      PubDate: 2022-09-01
      DOI: 10.1057/s42214-021-00127-4
       
  • Maritime container terminal infrastructure, network corporatization, and
           

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      Abstract: Abstract Maritime shipping lines and global terminal operators have benefited from economies of scale to expand geographically and functionally their infrastructure, leading to a corporatized network. Terminal operators are key asset managers seeking value creation by expanding the global maritime container terminal infrastructure network. While corporatization has systematically ensured that terminal capacity was created to accommodate the rise in global trade volumes, the network hit its boundaries when confronted with COVID-19 induced global supply chain disruptions. This paper provides a better understanding of the importance of infrastructure and observed corporatization as a framework for explaining economic processes, notably when transport infrastructures are extensive and capital-intensive. The structure of the global container shipping network is analyzed to unveil the realities of liner service networks operated by shipping lines, and the market structure and consolidation in container shipping and terminal operations. The discussion on the corporatization of the global maritime infrastructure network for container handling is embedded in international business literature. This study also extracts the main implications of the current structure and governance of the global maritime infrastructure network for international business policy, with a particular focus on the current market structure and network resilience.
      PubDate: 2022-08-24
      DOI: 10.1057/s42214-022-00142-z
       
  • The role of corporations in addressing non-market institutional voids
           during the COVID-19 pandemic: The case of an emerging economy

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      Abstract: Abstract International business scholars have been urged to investigate how multinationals respond to grand challenges, one of which has been the COVID-19 pandemic. We provide insights into how corporations have mitigated social and economic externalities triggered by the pandemic in the presence of non-market institutional voids – policy failures in the provision of collective goods. We distinguish between corporate responses to long-term chronic voids and to acute voids that are contingent on crisis situations. We identify six categories of initiatives undertaken in Brazil by 55 Brazilian and foreign-owned multinationals. Due to their international experience, foreign multinationals appear to be better equipped than local ones to pursue standardized non-market initiatives, based on their technical capabilities and their established trust-based relationships with international foundations. This issue merits further investigation. We suggest that our analytical framework for understanding events and corporate responses in Brazil during the COVID-19 pandemic can be applied to many other emerging countries, and hence could be useful to policymakers, businesses, and other types of organizations in confronting acute crises in contexts where institutional failures are persistent. The ability of multinationals to alleviate sources of socio-economic disruption also advances the ongoing debate over the future role of the corporation in society.
      PubDate: 2022-07-07
      DOI: 10.1057/s42214-022-00141-0
       
  • Surviving populism: A corporate political activity approach in Mexico

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      Abstract: Abstract Populism is on the rise globally, and this is a type of macroeconomic risk that affects strategies of MNEs. There is a growing need to investigate how particular populist leaders shape the environment where companies operate, and how firms respond to it. We examine the non-market strategies that MNEs in Mexico deploy towards canceling previous administration mega projects and supporting projects of the new populist regime. We find that companies in Mexico become politically involved with Mexico’s government in an iterative way to obtain favorable business outcomes. Companies elude direct engagement with the government but actively adapt to institutional pressures by implementing partnership strategies to build political capital and investing in social projects that benefit the country's social image to gain legitimacy. By deploying social investments as part of their non-market strategies, firms have better chances of mitigating institutional volatility and adapting and influencing the host country's new business projects. Our findings suggest that in unstable institutional contexts, cultivation of the new political connections between MNEs and current administrations can serve as a useful tool in mitigating political risk for both sides. Investing in the new administrations’ social projects is a tool that helps companies mitigate institutional volatility, reduce transaction costs, and gain a closer relationship between the private and public sectors.
      PubDate: 2022-06-06
      DOI: 10.1057/s42214-022-00140-1
       
  • Subnational response differences on the Belt and Road Initiative policy
           and firm internationalization: A longitudinal and multi-level approach

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      Abstract: Abstract China’s “Belt and Road” Initiative (BRI) has been regarded as an important measure of all-round opening-up in the new era. However, in practice, the level of internationalization differs significantly across firms located in different Chinese provinces. Provisional policy responses to the BRI create varied conditions for internationalization, yet research thus far has overlooked these subnational differences. We pioneered quantitative measures of formal and informal provincial policy responses to the BRI and tested their impact on firm internationalization in a multi-level design with panel data. We found significant differences in provincial governments’ formal and informal responses, with both significantly impacting firm internationalization. Interestingly, the status of being listed as a key province targeted for development in the BRI does not add further positive conditions for internationalization; we explore the reasons for this in the discussion. This manuscript contributes to our understanding of subnational differences in local government policy responses to the BRI and their impact on firms’ internationalization.
      PubDate: 2022-06-01
      DOI: 10.1057/s42214-021-00118-5
       
 
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