Search results
1 – 10 of over 25000Ruth V. Aguilera, Ricardo Flores and Jin Uk Kim
The purpose of this paper is to critically assess the theoretical underpinnings and extant progress of the research on regional multi-national enterprises (MNEs) and offer…
Abstract
Purpose
The purpose of this paper is to critically assess the theoretical underpinnings and extant progress of the research on regional multi-national enterprises (MNEs) and offer a blueprint for future research by re-conceptualizing how (regional) boundaries relate to the international diversification of MNEs.
Design/methodology/approach
The paper integrates key insights from the theory of the regional MNE and economic geography to re-orient the treatment of regional borders within international business (IB) literature.
Findings
The paper suggests that the (L) component within the ownership location and internalization (OLI) paradigm should be disaggregated into continuous “distance effects” and discrete “border effects”. Within this rubric, regional borders represent discrete border effects that generate discontinuities that are permeable, fluid and firm specific. Such reconceptualization opens up avenues for future research and more tightly integrates the research on regional MNEs with other research streams.
Research limitations/implications
IB scholars need to make concerted effort to think of regions as one among several parameters in studying the strategy and structure of MNEs. A stronger focus on internal processes and mechanisms elucidating the main drivers of MNEs strategies is needed.
Originality/value
The paper offers innovative ways in which future research can advance the study of how regions matter in the internationalization strategy of MNEs.
Details
Keywords
The purpose of this paper is to investigate children's vulnerability to asthma and its relationship with marginalized locations. More specifically, the effects of zip code…
Abstract
Purpose
The purpose of this paper is to investigate children's vulnerability to asthma and its relationship with marginalized locations. More specifically, the effects of zip code level social predictors on children's asthma and their conditionality on location in the Texas‐Mexico border region are explored. The border region is perhaps the most marginalized in the USA.
Design/methodology/approach
Data for analysis comes from the State of Texas and the US Bureau of the Census. Negative binomial regression models are used to predict asthma hospitalizations using a set of social predictors. Then, interaction effects are used to test if social predictors are conditional on border location.
Findings
Within the state of Texas, location in a metropolitan area, location along the US‐Mexico border, percent Hispanic, percent African American and percent Native American are positive and significant predictors of asthma hospitalizations; social class is negative and significant. The effects of proportion of Hispanics who were foreign born, median year of home construction, and percent of homes with inadequate heating are conditional on a zip code's location relative to the US‐Mexico border, with the slopes being steeper in border locations. Findings in general suggest that locational and social factors intersect in marginalized places (i.e. border regions of Texas) to create vulnerability to asthma hospitalizations.
Research limitations/implications
This study is conducted solely in the USA.
Originality/value
As sociologists continue to consider space as a factor in health inequalities, this paper demonstrates the utility of considering space as operating at more than one scale.
Details
Keywords
Martin Renze‐Westendorf, Dirk Schiereck and Felix Zeidler
We study the wealth effects of 177 domestic and cross‐border acquisitions announced by Spanish corporations between 1990 and 2004. Our findings show that domestic…
Abstract
We study the wealth effects of 177 domestic and cross‐border acquisitions announced by Spanish corporations between 1990 and 2004. Our findings show that domestic transactions significantly outperform international transactions. However, controlling for several firm and transaction characteristics, we do not find any cross‐border effect for acquisitions of Spanish firms. Short‐term valuation is driven by three factors in particular. Target size and bidder’s profitability negatively affect announcement returns, whereas transactions in related industries have a positive effect. Our results may indicate that in contrast to prior empirical findings, international diversification incurs higher costs than synergies and is, among others, driven by managerial and ownership factors.
Details
Keywords
National borders are a hurdle to the expansion of the open economy. Integration today remains imperfect because national borders translate into trading costs, including…
Abstract
National borders are a hurdle to the expansion of the open economy. Integration today remains imperfect because national borders translate into trading costs, including differences in monetary regimes. Political borders shelter many goods and services from external competition and, consequently, represent a critical exogenous force in the integration process. Small economies face thicker borders than large economies. Regional trade arrangements have softened or, in some cases, pushed outward national borders, but in the process new borders have emerged. Borders affect also finance and monies. While the speed of financial integration suggests currency consolidation and a decline in the ratio of independent monies to sovereign nations, the formation of multilateral monetary unions (MUs) pushes the ratio toward unity.
The management of international supply chains may significantly contribute to the successful outcome of exports. The purpose of this paper is to investigate the level of…
Abstract
Purpose
The management of international supply chains may significantly contribute to the successful outcome of exports. The purpose of this paper is to investigate the level of supply chain collaboration in an uncertain cross‐border context, and whether it improves supply chain performance. The moderating role of export experience and intensity to the collaboration‐performance relationship is also investigated.
Design/methodology/approach
The paper draws on a survey of Finnish industrial companies with Russian exports. Correlation and regression analysis is used in investigating causal relationships.
Findings
The results weakly support the hypothesised positive relationships of collaboration and performance in the chosen cross‐border context. It seems that experience in cross‐border supply chain operations does not guarantee success in supply chain management. However, those companies with large export volumes, implying frequency and leveraged resources in operations, seemed to be better able to collaborate for successful outcomes.
Research limitations/implications
The research is limited to supplier‐customer dyads, and the suppliers' perceptions. The findings are confined to the specific context of the Finnish‐Russian cross‐border trade.
Practical implications
Despite the generally bleak picture of cross‐border supply chain collaboration, interesting insight was generated concerning which areas of collaboration may be the most effective. Supply chain design is one of the areas where companies should clearly collaborate; joint‐planning should therefore include facility location, mode of transport, carrier selection, and general flow management related decisions.
Originality/value
Although the relationship of supply chain collaboration and performance has been established in the literature, the paper contributes to knowledge by exploring the cross‐border context, with international business environment and high level of supply chain uncertainty.
Details
Keywords
Diego Agudelo, Galia Julieta Benítez and Lawrence S. Davidson
This study presents evidence of increasing regionalization of international trade among 10 South American countries from 1980 to 2001. Regionalization of trade in South…
Abstract
This study presents evidence of increasing regionalization of international trade among 10 South American countries from 1980 to 2001. Regionalization of trade in South America is best described as an increasing trade among Spanish-speaking countries and increasing trade within the two regional agreements, the Andean Community and Mercosur. There is also evidence of border erosion in the continent, especially among the Mercosur members. These results emerge from a simple statistical analysis and are also economically significant when tested in a consistent gravity equation that controls for a set of macroeconomic and geographic variables.
Luiz Paulo Lopes Fávero, Marco Aurélio dos Santos and Ricardo Goulart Serra
Branching is not the only way for foreign banks to enter a national market, and it is impractical when there are informational and cultural barriers and asymmetries among…
Abstract
Purpose
Branching is not the only way for foreign banks to enter a national market, and it is impractical when there are informational and cultural barriers and asymmetries among countries. The purpose of this paper is to analyze the determinants of cross-border branching in the Latin American banking sector, a region with regulatory disparity and political and economic instability, offering elements to a grounded strategic decision.
Design/methodology/approach
This study uses data from six Latin American countries. To account for the preponderance of zero counts, classes of zero-inflated models are applied (Poisson, negative binomial, and mixed). Model fit indicators obtained from differences between observed and estimated counts are used for comparisons, considering branches in each region established by banks from every other foreign region of the sample.
Findings
Branching by foreign banks is positively correlated with the population, GDP per capita, household disposable income, and economic freedom score of the host country. The opposite holds for the unemployment rate and entry regulations of the host country.
Originality/value
Few paper address cross-border banking in emerging economies. This paper analyzes cross-border branching in Latin America in the context of the current financial integration and bank strategy. Econometrically, its pioneering design allows modeling of inflation of zeros, over-dispersion, and the multilevel data structure. This design allowed testing of a novel country-level variable: the host country’s economic freedom score.
Details
Keywords
The European Union has pursued two contradictory policies over the last decade in response to the challenges of globalization. On the one hand, the EU has loosened borders…
Abstract
The European Union has pursued two contradictory policies over the last decade in response to the challenges of globalization. On the one hand, the EU has loosened borders to facilitate trade and make the EU more competitive globally. On the other hand, the EU has tightened borders to enhance its security, fearing the negative consequences of a globalized world. In this paper, I examine the effects of implementation of the EU's Schengen border regime, a set of rules governing external border control, on the post-communist countries and the difficulties that Schengen has posed for the governments in the region. I also discuss the EU's emerging European Neighborhood Policy (ENP), designed to address many of the concerns voiced by the Central and East European (CEE) officials regarding Schengen. An important element of ENP is to work across the EU external border to facilitate economic relations and develop joint institutions with non-members to create new cooperative borderlands.
Two images are frequently invoked with regard to the evolution of the EU. Certain scholars portray the organization as moving toward a new, post-modern, post-Westphalian entity comprising an increasingly borderless Europe. Other scholars view European integration as a process by which the EU is increasingly taking on the trappings and functions of the state to build a “Fortress Europe.” The discussion of Schengen and the eastern enlargement suggests a more complex reality than either of these two images in which borders are constantly shifting and whose functions are changing in response to the different challenges posed by globalization and internal developments. The EU's external borders will continue to change, both in terms of where they are located and how important these will be. Europe's ENP, with its emphasis on cross-border cooperation, is changing borders into borderlands, zones of cooperation and collaboration across a line on a map. Governance and the shaping of policy are increasingly taking place at multiple sites and with different kinds of actors, further transforming the importance of borders. Perhaps, a new vision of European integration is needed to capture the evolution of the EU.
Christopher Changwe Nshimbi and Inocent Moyo
Despite enacting numerous legislations, policies and practices accommodating third country nationals, Europe continues to erect a fortress against foreigners. The recent…
Abstract
Purpose
Despite enacting numerous legislations, policies and practices accommodating third country nationals, Europe continues to erect a fortress against foreigners. The recent migration crisis on the shores of the Mediterranean seem to validate this view. As Europe searches for optimal solutions to the migration crisis, recent media and humanitarian organisation reports of surging African and Middle Eastern refugees and migrants bring into sharp focus and test these immigration measures. For this cause, the purpose of this paper is to interrogate European Union (EU)-Africa relationships on international migration issues.
Design/methodology/approach
Located in the evolving field of border studies, the paper employs the concepts of displacement and humanitarianism in an effort to frame the EU-Africa relations on migration in the context of borders, boundaries and frontiers. A thorough review and critical analysis of relevant legislations, literature and media reports on the Africa-Europe migration interface is also conducted.
Findings
The militarisation, securitisation, restrictive and, sometimes, draconian immigration regimes do not provide sustainable solutions to the migration crisis facing Europe. A rethinking around the integration and inclusion of immigrants into Europe's socioeconomic fabric, and addressing fundamental and structural weaknesses in EU-Africa relationships and respective economies is essential.
Originality/value
Theoretically, the paper attempts to understand better, the way the EU and Africa engage each other on international migration issues, in the context of border studies. Empirically, the paper positions itself in policy engagements and the quest for practical solutions by the two continents in view of the migration crisis currently facing Europe.
Details
Keywords
Joseph G. Hirschberg and Jeanette N. Lye
Recent changes in smoking laws have influenced gambling behaviour at electronic gaming machine (EGM) venues. In this chapter, we review the literature that examines the…
Abstract
Recent changes in smoking laws have influenced gambling behaviour at electronic gaming machine (EGM) venues. In this chapter, we review the literature that examines the interrelationship between gambling, problem gambling, and smoking in order to gauge the indirect effects of smoking bans in gaming venues. We then perform an analysis on the consequences of a smoking ban in Victoria, Australia, that was instituted on 1st September 2002. This analysis investigates the nature of the pattern of drops in local EGM revenue and the impact on the state tax revenue.
Details