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Article
Publication date: 5 March 2018

Jie Wu and Zhenzhong Ma

Overseas work experiences have played a critical role in venture creation and success, yet the impact of overseas work experience on returnee entrepreneurs’ venture capital…

Abstract

Purpose

Overseas work experiences have played a critical role in venture creation and success, yet the impact of overseas work experience on returnee entrepreneurs’ venture capital funding in the Chinese market remains understudied. This paper aims to explore the impact of returnee entrepreneurs’ overseas experiences on their opportunities of venture capital funding in China to help better understand the potential benefits that overseas work experiences bring to emerging markets.

Design/methodology/approach

The authors have conducted a two-year inductive field study to explore the impact of overseas experiences on Chinese returnee entrepreneurs’ funding in the Chinese market with in-depth interviews with returnee capital seekers (or the venture founders) and capital providers.

Findings

The results show that returnee entrepreneurs are more likely to succeed in acquiring financial resources for their new ventures if they skillfully present their overseas work experiences and international networks to manage the impression constructed by capital providers.

Originality/value

This research sheds light on how returnee entrepreneurs use impression management in external resource acquisition. It is clear that overseas experience has been regarded a symbol of personal capability closely associated with advanced knowledge and valuable human and social capital in the Chinese context. Resource holders appreciate such an association. The authors suggest that returnee entrepreneurs concerned about how to effectively acquire external resources should reflect upon the ways of presenting themselves to potential investors and fostering a positive image that encourages investors to commit to their ventures.

Details

Nankai Business Review International, vol. 9 no. 1
Type: Research Article
ISSN: 2040-8749

Keywords

Article
Publication date: 31 July 2018

Yunhao Dai

The purpose of this paper is to empirically examine the effect of returnee managers on Chinese firms’ performances at overseas markets.

Abstract

Purpose

The purpose of this paper is to empirically examine the effect of returnee managers on Chinese firms’ performances at overseas markets.

Design/methodology/approach

By hand collecting two data set containing managers’ foreign experiences and firms’ principal customers, this study empirically examines the relationship between returnee managers and overseas customers.

Findings

The author shows that firms with returnee managers: have higher probability of gaining overseas customers and proportion of overseas sales; and are more likely to conduct international M&A, adopt international Big 4 auditors and list overseas. In addition, returnee executives who came back from individualistic culture with overseas working experience, when entering the overseas market where they have experienced, are more effectively in helping firms to perform well.

Research limitations/implications

The findings in this study suggest that firms with returnee managers are better able to develop relationships with overseas customers and expand overseas markets than those firms without returnee managers.

Practical implications

For policy makers, this study justifies government policies that aim to attract and encourage more returnees to come back. Furthermore, the author shows that returnees with different foreign experiences, national culture of different countries, whether doing business with their familiar foreign country, and their positions in current organizations have different effects on overseas customers. Firms can utilize all these information to choose the “right” returnees to increase their success in overseas markets.

Originality/value

This study is among the first to examine the role of returnee managers in an emerging economy on firm’s probability of gaining overseas customers and expanding overseas sales.

Details

China Finance Review International, vol. 9 no. 1
Type: Research Article
ISSN: 2044-1398

Keywords

Article
Publication date: 10 October 2021

Hang Ngoc My Le, Brendan Thomas O’Connell and Maryam Safari

Drawing from Upper-Echelons Theory (UET), this paper aims to examine whether an increasing number of board members studying and working overseas, especially in Anglo countries…

Abstract

Purpose

Drawing from Upper-Echelons Theory (UET), this paper aims to examine whether an increasing number of board members studying and working overseas, especially in Anglo countries, provides some impetus for increased corporate environmental disclosures (CED) in Vietnam.

Design/methodology/approach

This study used quantitative data collection and analysis. The data collection involved a content analysis of annual, sustainability and integrated reports to capture the quality and quantity of CED. The authors subsequently developed ordered probit models to quantitatively test the hypotheses.

Findings

The authors find that board members studying in Anglo countries positively impact firms’ levels of CED in emerging economies. However, overseas work experience is found to be an insignificant explanatory variable. Further, the findings suggest that, in Vietnam, Chairs appear to be more influential than chief executive officers in affecting CED levels.

Practical implications

Despite the positive influence of overseas study, the authors find overall levels of CED in Vietnam remain relatively low. This suggests the necessity of dialogue about potential reform in CED policies, which could involve the introduction of mandatory reporting requirements. In addition, to enhance sustainability disclosures, shareholders should appoint board members who possess international qualifications.

Originality/value

This study adds to the literature exploring the impacts of Anglo cultural traits of board members on CED levels, within an economy transitioning from a communist ideology to a market-oriented system context. The connection between international study and cultural norms, beliefs and traditions in these countries and their positive influence on directors’ values and attitudes towards CED have not yet been studied. The study also extends UET by examining the potential positive influence of different national contexts on board members’ education levels.

Article
Publication date: 19 September 2019

Lin Yang, Chenwu Xu and Guoguang Wan

Drawing on the related insights from the upper echelon perspective, modern cognitive theory and path dependence theory, this paper aims to first integrate top management teams…

Abstract

Purpose

Drawing on the related insights from the upper echelon perspective, modern cognitive theory and path dependence theory, this paper aims to first integrate top management teams (TMTs) overseas experiences, research and development (R&D) strategic decision-making and innovation performance into a uniform theoretical framework and try to understand TMTs’ overseas experiences accounting for both the direct and indirect mechanisms of the variables involved within the transition economy of China.

Design/methodology/approach

The paper adopts research sample from the listed companies on the Growth Enterprises Market Board (GEMB) of Shenzhen Stock Exchange of China due to their stronger innovation consciousness. The research data are mainly from the WIND database of China, as the data issued in this database must be checked and approved by China’s legal institutions including China Securities Regulatory Commission and its authorized agencies. The samples cover different types of ownership and the vast majority of industries of China, which makes the objects a wide range of coverage and representativeness. In addition, according to suggestions of Podsakoff et al. (2003), the authors design the controlling measures from two aspects of data collection and statistical analysis to reduce the homologous error as much as possible.

Findings

Empirical results show that innovation performance is positively affected by the centrality overseas functional experience and industrial experience but negatively affected by the heterogeneity of overseas functional experience of TMT. Meanwhile, R&D intensity and modes play partially mediating effect in the relationship between TMTs’ overseas functional experience centrality and industrial experience heterogeneity and innovation performance, but for the relationship between overseas functional experience heterogeneity and innovation performance, R&D intensity leads to fully mediating effect.

Originality/value

This study contributes toward filling the gaps by elucidating the effect of TMTs’ overseas experiences on the innovation performance, identifying the mediating role of R&D strategic decision-makings in this relationship and empirically examining the acting mechanisms and paths of the variables involved in the Chinese context. In addition, practitioners could use these findings to improve their selection and training processes regarding both the top management members and the designing of the R&D strategies.

Details

Chinese Management Studies, vol. 13 no. 4
Type: Research Article
ISSN: 1750-614X

Keywords

Article
Publication date: 23 September 2013

Adrienne A. Isakovic and Mary Forseth Whitman

This study focusses on exploring the little-researched adjustment experiences of those expatriates who self-initiate (SIE) their employment in foreign countries. The Black et al.

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Abstract

Purpose

This study focusses on exploring the little-researched adjustment experiences of those expatriates who self-initiate (SIE) their employment in foreign countries. The Black et al. (1991) model of expatriate adjustment is the theoretical foundation used for this study.

Design/methodology/approach

An online survey was administered to expatriate academics in the United Arab Emirates (UAE). Quantitative data analysis was subsequently performed to include factor analysis, Pearson correlation, regression modeling, ANOVA, and Tukey HSD analysis.

Findings

Hypotheses regarding correlation of previous overseas work experience and culture novelty with adjustment for this SIE population were supported, whereas hypotheses regarding foreign language ability were not supported. In addition, exploratory analysis through the use of regression models and ANOVA determined an influence on SIE adjustment by factors such as age, gender, length of employment, and location.

Research limitations/implications

The results indicate that further research into this area is warranted, particularly given the dearth of information currently available on the adjustment experiences of SIEs. In addition, this research is limited by its narrow focus on academics in the UAE; therefore it should be replicated in other locations with different types of SIEs to ensure generalizability.

Practical implications

This paper provides suggestions for practical HRM implications, particularly with regards to recruitment and selection stages for organizations that target SIEs as potential employees.

Social implications

This paper provides suggestions for practical HRM implications, particularly with regards to recruitment and selection stages for organizations that target SIEs as potential employees.

Originality value

This study provides new evidence regarding factors which influence SIE sociocultural adjustment and, through exploratory analysis, highlights factors which may need to be explored further in order to develop a more thorough understanding of SIE sociocultural adjustment.

Details

Journal of Global Mobility, vol. 1 no. 2
Type: Research Article
ISSN: 2049-8799

Keywords

Article
Publication date: 14 September 2022

Dongmei Hu, Yang Peng, Tony Fang and Charles Weizheng Chen

The purpose of this study is to examine the effects of executives’ overseas education and work experience on enterprise digital as executives’ overseas background is critical to…

Abstract

Purpose

The purpose of this study is to examine the effects of executives’ overseas education and work experience on enterprise digital as executives’ overseas background is critical to the development of enterprises. It also explored the mediating role of enterprise digital transformation on the relationship between executives’ overseas background and enterprise growth.

Design/methodology/approach

Chinese A-share companies listed on the Shanghai and Shenzhen Stock Exchanges for the period 2018–2020 were analyzed using regression analysis and bootstrapping to verify hypothesized relationships.

Findings

Executives’ overseas study and work experience both enhanced enterprise digital transformation significantly, thus improving enterprise growth. The level of employee education moderated the mediating role proposed in the theoretical model. Moreover, the promoting effect of executives’ overseas background on enterprise digital transformation was more significant for non-state-owned enterprises and those in eastern China.

Practical implications

The findings provide reference for the formulation and optimization of companies’ human resource structure and have implications on the improvement of enterprise digital transformation and enterprise growth.

Originality/value

This study explored the factors influencing enterprise digital transformation at the microlevel of corporate human capital, thereby providing microlevel empirical evidence for research on the factors influencing enterprise digital transformation. Its findings shed light on the mechanism and context under which executives with overseas backgrounds may enhance enterprise digital transformation and growth.

Details

Chinese Management Studies, vol. 17 no. 5
Type: Research Article
ISSN: 1750-614X

Keywords

Article
Publication date: 17 June 2021

Jie Hao, Zhenzhen Xie and Kunpeng Sun

The purpose of this study is to examine if the international experience of a family firm’s chairman, second-generation managers and other top managers all have impacts of…

Abstract

Purpose

The purpose of this study is to examine if the international experience of a family firm’s chairman, second-generation managers and other top managers all have impacts of different strengths using information about Chinese family firms’ international expansion.

Design/methodology/approach

Matching tactics and dynamic Heckman 2-stage analysis were applied to data on 766 publicly-listed Chinese family businesses covering 2008–2014.

Findings

The international experience of the chairman, second-generation family managers and other senior managers all were found to correlate with the proportion of a firm’s revenue earned abroad, as well as with the number of its cross-border mergers and acquisitions. The impact of a chairman’s international experience is stronger than the impact of the other two groups when internationalization is measured in terms of the proportion of revenue earned overseas. The second-generation managers’ international experience is the most influential when internationalization is measured in terms of the number of cross-border mergers and acquisitions.

Originality/value

This paper bridges agency theory with upper echelons theory in the context of the family business. The findings contribute to the scholarly understanding of family business by illuminating the mechanisms through which second-generation managers may influence family firms’ internationalization. They also enrich the knowledge of family firms in China.

Article
Publication date: 31 May 2013

Hyoung Koo Moon, Byoung Kwon Choi and Jae Shik Jung

The purpose of this paper is to comprehensively investigate the antecedents of expatriates' cultural intelligence (CQ) by simultaneously considering previous working experiences

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Abstract

Purpose

The purpose of this paper is to comprehensively investigate the antecedents of expatriates' cultural intelligence (CQ) by simultaneously considering previous working experiences in one's home country prior to expatriation, the number of co‐expatriates from their home country and local employees from the host country, perception of promotion opportunities, and self‐monitoring. In addition, the paper aims to examine the moderating effects of expatriates' portion of interaction with local employee and knowledge on length of expatriation.

Design/methodology/approach

Data were collected from 165 Korean expatriates using self‐reported survey. Hypotheses were tested using multiple hierarchical regression analyses.

Findings

Hypotheses were partially supported. Expatriates' previous working experiences with foreign nationals and in an overseas department in their home country were positively related to CQ. As expected, whereas the number of co‐expatriates from home country was negatively related to CQ, the number of local employees in the host country was positively associated with CQ. Expatriates' perception of a promotion opportunity and self‐monitoring were positively related to CQ. In addition, moderating effects of expatriates' portion of interaction with local employees and knowledge on the length of their foreign assignment were found.

Originality/value

This study contributes to deepen understanding about expatriates' CQ by considering various antecedents, such as previous experiences, human resource practices, and dispositions. The authors' results provide practical implications for multinational companies.

Article
Publication date: 11 December 2019

Hung Trong Hoang and Nga Thi Thuy Ho

The purpose of this paper is to investigate the factors influencing work readjustment of Vietnamese returnees who used to study and/or work in a developed country and are…

Abstract

Purpose

The purpose of this paper is to investigate the factors influencing work readjustment of Vietnamese returnees who used to study and/or work in a developed country and are currently working in different positions in their home country.

Design/methodology/approach

Data for this study were collected through a survey of 433 returnees using both paper-based and online surveys. Multiple regression was used to test the relationships in the model.

Findings

The findings show that while the length of time spent overseas, work expectations and subjective norm significantly affect work readjustment, the influences of age, gender and length of time since return on work readjustment are not supported.

Practical implications

The findings provide useful insights for home country government and managers of returnees developing repatriation programs that help returnees deal with the issue of poor work readjustment.

Originality/value

Empirical studies on cross-cultural re-entry adjustment of both self-initiated repatriates and international students are scarcely investigated. Most prior studies focused on individual factors (such as gender, age, duration in overseas and since return), research on the effect of work expectation on work readjustment is still scant. Most prior studies focused on examining the relationship between work expectation and work readjustment of company repatriates, however, this relationship in the context of returnees, especially in the Asia-Pacific region, has not been investigated. Furthermore, this study is the first to examine the influence of subjective norm on work readjustment of returnees.

Details

Asia-Pacific Journal of Business Administration, vol. 12 no. 1
Type: Research Article
ISSN: 1757-4323

Keywords

Article
Publication date: 29 April 2020

Gloria Sraha, Revti Raman Sharma, Dave Crick and James M. Crick

This study aims to contribute to the existing understanding of export practices in sub-Saharan African firms with a contextual focus on Ghanaian exporters operating in…

Abstract

Purpose

This study aims to contribute to the existing understanding of export practices in sub-Saharan African firms with a contextual focus on Ghanaian exporters operating in business-to-business (B2B) markets. Underpinned by resource-based theory and its association with the relational view, it examines how the interplay between various decision makers’ international experience, export commitment and distribution adaptation decisions influence firms’ performance.

Design/methodology/approach

The study uses a mixed methods approach, using survey data from 116 internationalising Ghanaian businesses across three sectors, supplemented with qualitative insights from 18 follow-up interviews.

Findings

The study establishes a full mediation effect of export commitment on the association between international experience and export performance; also, the moderating effect of distribution adaptation on export commitment – performance relationships. Unique insights are provided into the perceived role of trustworthy, intermediaries as “stakeholders” that add to a respective firm’s resource base; that is, in building capabilities in overseas markets and informing evolving business model decisions to overcome potential export barriers.

Originality/value

The insights from sub-Saharan African firms provide contextual value given the relatively under-represented existing research from the region. Original insights highlight ways in which decision makers build capabilities and that they do not always follow a forward moving internationalisation process, so use different measures of performance regarding B2B product-market ventures over time.

Details

Journal of Business & Industrial Marketing, vol. 35 no. 11
Type: Research Article
ISSN: 0885-8624

Keywords

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