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This research seeks to understand how shareholder constituencies including controlling family, nonfamily insiders, as well as domestic and foreign institutions in the corporate governance system of emerging economy firms perceive institutional risks in terms of regulative, normative, and cognitive institutions and influence strategic choices in the internationalization of their invested firms.

The sample data are Taiwanese publicly listed companies in the electronics and computer industry. Panel data of the parent firms and their overseas affiliates are available from the annual report and Taiwan Economic Journal database. Country-level data are available from the World Investment Report and the IMD World Competitiveness Report. Statistical regression models including tobit and logistic regression are used to analyze the data.

Controlling family and nonfamily insider shareholders tend to influence their invested firms to enter in institutionally smaller host countries through a shared ownership. Domestic institutional shareholders tend to influence their invested firms to adopt a shared ownership and enter in host countries with larger and smaller institutional distances in terms of regulative and normative institution, respectively. Foreign institutional shareholders tend to influence their invested firms to enter in institutionally smaller host countries through a whole ownership.

The strategic choices of foreign market entry made by emerging economy firms are significantly shaped by the different risk perceptions of shareholder constituencies in their corporate governance system toward the institutional distances between the home and the host country.

With the increasing number of mobile applications, efficiently recommending mobile applications to users has become a challenging problem. Although existing mobile application recommendation approaches based on user attributes and behaviors have achieved notable effectiveness, they overlook the diffusion patterns and interdependencies of topic-specific mobile applications among user groups. mobile applications among user groups. This paper aims to capture the diffusion patterns and interdependencies of mobile applications among user groups. To achieve this, a topic-aware neural network-based mobile application recommendation method, referred to as TN-MR, is proposed.

In this method, first, the user representations are enhanced by introducing a topic-aware attention layer, which captures both the topic context and the diffusion history context. Second, it exploits a time-decay mechanism to simulate changes in user interest. Multitopic user representations are aggregated by the time decay module to output the user representations of cascading representations under multiple topics. Finally, user scores that are likely to download the mobile application are predicted and ranked.

Experimental comparisons and analyses were conducted on the actual 360App data set, and the results demonstrate that the effectiveness of mobile application recommendations can be significantly improved by using TN-MR.

In this paper, the authors propose a mobile application recommendation method based on topic-aware attention networks. By capturing the diffusion patterns and dependencies of mobile applications, it effectively assists users in selecting their applications of interest from thousands of options, significantly improving the accuracy of mobile application recommendations.

In this study, we analyze the general effect of acquirers’ ownership strategy on the survival in foreign acquisitions. Furthermore, we attempt to address five potential moderating effects: international, regional, target country experience, cultural distance, as well as host country development. The developed hypotheses are tested on a sample of 1,345 acquisitions made by 174 Finnish firms in 59 countries during 1980–2005. The results indicate that in general WOS increases the probability of survival of foreign acquired units. We further find that the impact of WOS on the survival of foreign acquired units is contingent upon cultural distance and host country development but not on the experience of buying firms.

This chapter develops a multi-path theory of diversified international expansion that explains how multiple wave-shaped performance curves are created as multinational companies expand into increasingly distant and dissimilar countries. According to this theory, multinational mobile network operators (MNOs) recover from over-diversified expansion by improving their local adaptation strategies by means of reconfiguring the value chain and entering local partnerships, by improving their global replication capabilities or by concentrating expansion to clusters of similar country markets. Three dynamic propositions are developed and exemplified concerning MNOs’ diversified international expansion. Implications for international diversification research finalize the chapter.

The present study is concerned with the application of a nonlinear frequency analysis approach to the detection and location of water tree degradation of power cable XLPE insulation without turning off electric power.

The use of power cable system responses to power line carrier signals are proposed to conduct the required signal analysis for damage location purpose. This technique is based on the fact that the water tree degradation in power cables can make the system behave nonlinearly. Consequently, the location of water tree degradation can be determined by detecting the position of nonlinear components in power cable systems.

A novel method has been proposed for locating water tree degradation in power cable systems; numerical simulation studies have demonstrated the effectiveness of the new technique.

The proposed technique has the potential to be applied in practice to more effectively resolve the power cable damage location problem.

Extensive macro- and micro-economics research has been conducted on China's tax reform, which replaced business tax with value-added tax (VAT). However, existing studies have not clarified the reform's impact on firm-level investment decisions. Hence, this study explored the effect of replacing business tax with VAT on firms' investment efficiency.

The study used 2010–2018 data from China's A-share listed companies and a difference-in-differences (DID) model to explore the effect of the reform on firm-level investment decisions.

The authors found that China's tax reform has improved investment efficiency in underinvested firms, increased liquidity and decreased the level of reliance on external financing. The tax reform had a greater effect on investment efficiency in firms with lower liquidity and higher external financing reliance. Its effect was also more significant among non-state-owned and small companies.

This study fills the aforementioned research gap by exploring the effects of China's tax reform, thus providing a theoretical reference and a basis for policymaking.

The research question is how home country corruption and nationalism may affect operations of BRIC multinational enterprises. BRIC composition permits a comparison of two authoritarian regimes and two constitutional democracies. Each BRIC features a different combination of corruption and nationalism. The chapter adds South Africa information for two limited reasons. First, from 2010 South Africa is a member of the BRIC summit process. South Africa is an important entry point to Africa, for BRIC multinationals and particularly for China. Second, concerning corruption and nationalism South Africa is analytically useful as a control context that helps illustrate but does not appear to change highly exploratory BRIC findings.

The chapter draws on limited literature and information concerning corruption and nationalism in BRICs to suggest tentative possibilities. Transparency International provides bribe payers index estimates for 28 large economies, with important multinational enterprises, and corruption perceptions index estimates including those 28 countries. These estimates include the four BRICs and South Africa. The available sources suggest some suggested findings about varying impacts of home country corruption and nationalism on operations of BRIC multinationals.

China and Russia are authoritarian regimes in transition from central planning-oriented communist regimes. They are global military powers, expanding influence in their respective regions. Brazil, India, and South Africa are constitutional democracies. India, a nuclear-armed military power, seeks a regional leadership role in South Asia. Brazil and South Africa are key countries economically in their regions. BRIC multinationals are positioned between home country and host country conditions. Chinese and Russian multinationals may reflect a stronger nationalistic tendency due to home country regimes and ownership structure.

The chapter is an original but highly exploratory inquiry into impacts of corruption and nationalism on BRIC multinationals. Extant BRIC literature tends to understudy effects of home country corruption and nationalism on managerial mindset and incentives in either commercial or state-owned enterprises.

The purpose of this paper is to explore the structure, implicit attitude and consequences of followers' implicit followership theories in the Chinese cultural context through three studies. Study 1 explores the structure of followers' implicit followership theories. Study 2 examines the implicit attitude of followers towards followers' implicit followership theories. Study 3 verifies the impact of followers' implicit followership theories on the quality of collegial relationships.

The data for study 1 (n = 321) and study 3 (n = 243) were collected through an online self-report questionnaire, and the data for study 2 (n = 30) were collected through the go/no-go association task.

The structure of followers' implicit followership theories includes two dimensions: positive followership prototypes and negative followership prototypes. Followers' implicit attitudes were more likely to match positive followership prototypes than negative followership prototypes. Positive followership prototypes had a significantly positive impact on the quality of collegial relationships, whereas negative followership prototypes had a significantly negative impact on the quality of collegial relationships.

The psychology and behaviour of employees can be better understood by exploring followers' implicit followership theories.

Employees hold a relatively positive implicit attitude towards followers. Therefore, managers should provide positive feedback to improve employees' positive self-cognition so that employees can better serve the organization and better promote its development.

The paper is one of the few studies to explore followers' implicit followership theories in the Chinese cultural context.

The purpose of this paper is to present the Switched Inductor Z-Source Inverter (SLZSI) topology for three-phase on-line uninterruptible power supply (UPS) by employing third harmonic injected maximum constant boost pulse width modulation (PWM) control. Conventional UPS consists of step-up transformer or boost chopper along with voltage source inverter (VSI) which reduces the efficiency and increases energy conversion cost. The proposed three-phase UPS by using SLZSI has the voltage boost capability through shoot through zero state which is not available in traditional VSI and current source inverter.

Performance of three-phase on-line UPS based on ZLZSI by using third harmonic injected maximum constant boost PWM control is analyzed and evaluated in MATLAB/Simulink software and the results are compared with Z-source inverter (ZSI) fed UPS. Experimental results are presented for the validation of the simulation and theoretical analysis.

The output voltages, currents, THD values, voltage stress and efficiencies for different loading condition are determined and compared with the theoretical values and UPS with ZSI. The experimental results validate the theoretical and simulation results.

Compared with the traditional ZSI, the SLZSI provides high-voltage boost inversion ability with a very short shoot through zero state. This proposed UPS by using SLZSI increases the efficiency with less number of components, reduces the harmonics, increases the voltage gain and reduces the voltage stress.

Political connections are widely acknowledged as an effective political strategy for achieving firm value. However, surprisingly little is known about the association between political connections and individual-level outcomes (e.g. subjective well-being) and the underlying mechanism for this link.

Drawing on the schematic model of social capital and entrepreneurship and utilizing a sample of rural Chinese entrepreneurs, the authors developed and tested a multilevel model delineating the impact of political connections on entrepreneur well-being (job and life satisfaction) via the mediating roles of bribing behavior and institutional trust at individual and provincial levels.

Multilevel analyses revealed that at the individual level, political connections were positively associated with job and life satisfaction; bribing behavior and institutional trust served as partial mediators of these associations. These effects were deviated when examining them at the provincial level.

The theoretical implications concerning the political connections and subjective well-being effects as well as comparative entrepreneurship were discussed.

Further, the authors provide guidance for both entrepreneurs and policymakers.

The study linked political connections to entrepreneurs' subjective well-being which is increasingly seen as an important ingredient of personal success via distinguishing the individual-level effects from the provincial-level effects. Thus, the study further contributes to the contextualized understanding of the entrepreneurship literature.