Current debates in global strategy

International Journal of Management Reviews

Volumn 11, Issue 1, 2009, Pages 51-68

  Peng, Mike W ^a   Pleggenkuhle Miles, Erin G ^a  

^a UNIVERSITY OF TEXAS AT DALLAS   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 58149337359     PISSN: 14608545     EISSN: 14682370     Source Type: Journal    
DOI: 10.1111/j.1468-2370.2008.00249.x     Document Type: Article

References (142)

1. Aggarwal, V.K. Fogarty, E.A. (2004). Explaining trends in EU interregionalism. In Agggarwal, V.K. Fogarty, E.A. (eds), European Union Trade Strategies: Between Globalism and Regionalism. London : Palgrave.
2. Aguilera, R.V. Jackson, G. (2003). The cross-national diversity of corporate governance: dimensions and determinants. Academy of Management Review, 29, 447 465.
3. Aguilera, R.V., Rupp, D.E., Williams, C.A. Ganapathi, J. (2007). Putting the S back in corporate social responsibility: a multilevel theory of social change in organizations. Academy of Management Review, 32, 836 863.
4. Aoki, M. (2000). Information, Corporate Governance, and Institutional Diversity: Competitiveness in Japan, the USA, and the Transitional Economies. Oxford : Oxford University Press.
5. Barkema, H.G., Bell, J.H.J. Pennings, J.M. (1996). Foreign entry, cultural barriers, and learning. Strategic Management Journal, 17, 151 166.
6. Barnett, M.L. (2007). Stakeholder influence capacity and the variability of financial returns to corporate social responsibility. Academy of Management Review, 32, 794 816.
7. Bartlett, C. Ghoshal, S. (1989). Managing Across Borders: The Transnational Solution. Boston : Harvard Business School Press.
8. Benos, E. Weisbach, M.S. (2004). Private benefits and cross-listings in the United States. Emerging Markets Review, 5, 217 240.
9. Brouthers, K. Brouthers, L. (2001). Explaining the national cultural distance paradox. Journal of International Business Studies, 32, 177 189.
10. Bruton, G., Ahlstrom, D. Wan, J. (2003). Turnaround in East Asian firms. Strategic Management Journal, 24, 519 540.
11. Bruton, G., Dess, G. Janney, J. (2007). Knowledge management in technology-focused firms in emerging economies: caveats on capabilities, networks, and real options. Asia Pacific Journal of Management, 24, 115 130.
12. Bruton, G., Lohrke, F. Lu, J.W. (2004). The evolving definition of what comprises international strategic management. Journal of International Management, 10, 413 429.
13. Busenitz, L., Gomez, C. Spencer, J. (2000). Country institutional profiles. Academy of Management Journal, 43, 994 1003.
14. Calori, R., Lubatkin, M., Very, P. Veiga, J. (1997). Modeling the origins of nationally-bound administrative heritages. Organization Science, 8, 681 696.
15. Campbell, J.L. (2007). Why would corporations behave in socially responsible ways? An institutional theory of corporate social responsibility. Academy of Management Review, 32, 946 967.
16. Carney, M. Gedajlovic, E. (2001). Corporate governance and firm capabilities, Asia Pacific Journal of Management, 18, 335 354.
17. Chakrabarti, A., Singh, K. Mahmood, I. (2007). Diversification and performance: evidence from East Asian firms. Strategic Management Journal, 28, 101 120.
18. Chesbrough, H., Ahern, S., Finn, M. Guerraz, S. (2006). Business models for technology in the developing world: the role of non-governmental organizations. California Management Review, 48, 48 61.
19. Chey, H.K. (2007). Do markets enhance convergence on international standards? The case of financial regulation. Regulation & Governance, 1, 295 311.
20. Chui, A.C.W., Lloyd, A.E. Kwok, C.C.Y. (2002). The determination of capital structure: is national culture the missing piece to the puzzle? Journal of International Business Studies, 33, 99 127.
21. Coffee, J.C. (2002). Racing towards the top? The impact of cross-listings, and stock market competition on international corporate governance. Columbia Law Review, 102, 1757 1831.
22. Collinson, S. Rugman, A.M. (2007). The regional character of Asian multinational enterprises. Asia Pacific Journal of Management, 24, 429 446.
23. Collinson, S. Rugman, A.M. (2008). The regional nature of Japanese multinational business. Journal of International Business Studies, 39, 215 230.
24. Crossland, C. Hambrick, D.C. (2007). How national systems differ in their constraints on corporate executives: a study of CEO effects in there countries. Strategic Management Journal, 28, 767 789.
25. Davis, G. Marquis, C. (2003). The globalization of stock markets and convergence in corporate governance. In Swedberg, R. (ed.), Economic Sociology of Capitalist Institutions. Cambridge : Cambridge University Press.
26. Delios, A. Henisz, W. (2003). Policy uncertainty and the sequence of entry by Japanese firms, 1980 98. Journal of International Business Studies, 34, 227 242.
27. den Hong, F. de Bakker, F.G.A. (2007). Ideologically motivated activism: how activist groups influence corporate social change activities. Academy of Management Review, 32, 901 924.
28. Dharwadkar, R., George, G. Brandes, P. (2000). Privatization in emerging economies: an agency theory perspective. Academy of Management Review, 25, 650 669.
29. Djankov, S., La Porta, R., Lopez-De-Silanes, F. Shleifer, A. (2002). The regulation of entry. Quarterly Journal of Economics, 117, 1 37.
30. Doh, J.P. Guay, T.R. (2006). Corporate social responsibility, public policy, and NGO activism in Europe and the United States: an institutional-stakeholder perspective. Journal of Management Studies, 43, 47 73.
31. Doidge, C., Karolyi, K.A. Stulz, R. (2003). Why are foreign firms listed in the US worth more? Journal of Financial Economics, 71, 205 238.
32. Dunning, J.H. (2003). Making Globalization Good: the Moral Challenges of Global Capitalism. Oxford : Oxford University Press.
33. Dunning, J. Lundan, S.M. (2008). In stitutions and the OLI paradigm of the multinational enterprise. Asia Pacific Journal of Management, 25, 573 593.
34. Dunning, J.H., Fujita, M. Yakova, N. (2007). Some macro-data on the regionalization/globalization debate: a comment on the Rugman/Verbeke analysis. Journal of International Business Studies, 38, 177 199.
35. Evans, J. Mavondo, F. (2002). Psychic distance and organizational performance. Journal of International Business Studies, 33, 515 532.
36. Freeman, R.E. (1984). Strategic Management: A Stakeholder Perspective. Boston : Pitman.
37. Friedman, M. (1962). Capitalism and Freedom, Chicago, IL : University of Chicago Press.
38. Frynas, J.G., Mellahi, K. Pigman, G.A. (2006). First mover advantages in international business and firm-specific political resources. Strategic Management Journal, 27, 321 345.
39. Gauer, A.S., Delios, A. Singh, K. (2007). In stitutional environments, staffing strategies, and subsidiary performance. Journal of Management, 33, 611 636.
40. Ghemawat, P. (2007). Redefining Global Strategy. Boston : Harvard Business School Press.
41. Gomez-Mejia, L.R. Palich, L.E. (1997). Cultural diversity and the performance of multinational firms. Journal of International Business Studies, 28, 309 335.
42. Grosse, R. Trevino, L.J. (1996). Foreign direct investment in the United States: an analysis by country of origin. Journal of International Business Studies, 27, 139 155.
43. Guillen, M.F. (2002). Structural inertia, imitation, and foreign expansion: South Korean firms and business groups in China, 1987-95. Academy of Management Journal, 45, 509 525.
44. Gupta, A.K. Govindarajan, V. (2004). Global Strategy and Organization. Hoboken, NJ : John Wiley.
45. Hamel, G. Prahalad, C.K. (1985). Do you really have a global strategy? Harvard Business Review, 63, 139 148.
46. Hamilton, G.G. Biggart, N.W. (1988). Market, culture and authority: a comparative analysis of management and organization in the Far East. American Journal of Sociology, 94, S52 S94.
47. Hebb, T. Wojcik, D. (2005). Global standards and emerging markets: the institutional-investment value chain and the CalPERS investment strategy. Environment and Planning A, 37, 1955 1974.
48. Hennart, J. Larimo, J. (1998). The impact of culture on the strategy of multinational enterprises: does national origin affect ownership decisions? Journal of International Business Studies, 29, 515 538.
49. Hennart, J. Zeng, M. (2002). Cross-cultural differences and joint venture longevity. Journal of International Business Studies. 33, 699 716.
50. Hinings, C.R. Greenwood, R. (2002). Disconnects and consequences in organization theory? Administrative Science Quarterly, 47, 411 421.
51. Hofstede, G. (1980). Culture's Consequences: International Differences in Work-Related Values. Beverly Hills, CA : Sage.
52. Hofstede, G. (2007). Asia management in the 21st century. Asia Pacific Journal of Management, 24, 411 420.
53. Hofstede, G., Van Deusen, C.A., Mueller, C.B., Charles, T.A. The Business Goals Network 2002). What goals do business leaders pursue? A study of 15 countries. Journal of International Business Studies, 33, 785 803.
54. Hooker, J. Madsen, P. (2004). International Corporate Social Responsibility: Exploring the Issues. Pittsburgh : Carnegie Mellon University Press.
55. Husted, B.W. Allen, D.B. (2006). Corporate social responsibility in the multinational enterprise: strategic and institutional approaches. Journal of International Business Studies, 37, 838 849.
56. Inkpen, A. Ramaswamy, K. (2006). Global Strategy: Creating and Sustaining Advantage Across Borders. New York : Oxford University Press.
57. Jesover, F. Kirkpatrick, G. (2005). The revised OECD Principles of Corporate Governance and their relevance to non-OECD countries. Corporate Governance, 13, 127 136.
58. Johanson, J. Vahlne, J. (1977). The internationalization process of the firm. Journal of International Business Studies, 8, 23 32.
59. Kerr, C., Dunlop, J.T., Harbison, F.H. Myers, C.A. (1960). Industrialism and Industrial Man. Cambridge, MA : Harvard University Press.
60. Khanna, T., Kogan, J. Palepu, K. (2006). Globalization and similarities in corporate governance: a cross-country analysis. Review of Economics and Statistics, 88 : 69 90.
61. King, A. (2007). Cooperation between corporations and environmental groups: a transaction cost perspective. Academy of Management Review, 32, 889 900.
62. Kline, J. (2003). Political activities by transnational corporations: bright lines versus grey boundaries. Transnational Corporations, 12, 1 26.
63. Kogut, B. Singh, H. (1988). The effect of national culture on the choice of entry mode. Journal of International Business Studies, 19, 411 432.
64. Lau, C. Ngo, H. (2001). Organization development and firm performance. Journal of International Business Studies, 32, 95 114.
65. Lee, K.B., Peng, M.W. Lee, K. (2008). From diversification premium to diversification discount during institutional transitions. Journal of World Business, 43, 47 65.
66. Lee, S., Peng, M.W. Barney, J.B. (2007). Bankruptcy law and entrepreneurship development: a real options perspective. Academy of Management Review, 32, 257 272.
67. Leung, K., Bhagat, R.S., Buchan, N.R., Erez, M. Gibson, C.B. (2005). Culture and international business: recent advances and their implications for future research. Journal of International Business Studies, 36, 357 378.
68. Levitt, T. (1983). The globalization of markets. Harvard Business Review, 61, 92 102.
69. Li, J., Lam, K. Qian, G. (2001). Does culture affect behavior and performance of firms? Journal of International Business Studies, 32, 115 131.
70. Logsdon, J. Wood, D.J. (2002). Business citizenship: from domestic to global level of analysis. Business Ethics Quarterly, 12, 155 188.
71. London, T. Hart, S.L. (2004). Reinventing strategies for emerging markets: beyond the transnational model. Journal of International Business Studies, 35, 350 370.
72. Lu, J.W. (2003). The evolving contributions in international strategic management research. Journal of International Management, 9, 192 213.
73. Luo, Y. Peng, M.W. (1999). Learning to compete in a transition economy: experience, environment, and performance. Journal of International Business Studies, 30, 269 296.
74. Mackey, A., Mackey, T.B. Barney, J.B. (2007). Corporate social responsibility and firm performance: investor preferences and corporate strategies. Academy of Management Review, 32, 817 835.
75. Mandel, M. (2008). Multinationals: are they good for America? Business Week, 10 March, 41 46.
76. Margolis, J.D. Walsh, J.P. (2003). Misery loves companies: rethinking social initiatives by business. Administrative Science Quarterly, 48, 268 305.
77. Marquis, C., Glynn, M.A. Davis, G.F. (2007). Community isomorphism and corporate social action. Academy of Management Review, 32, 925 945.
78. Marshal, R.S. Boush, D. (2001). Dynamic decision-making: a cross-cultural comparison of US and Peruvian export managers. Journal of International Business Studies, 32, 873 893.
79. McCarthy, D. Puffer, S. (2003). Corporate governance in Russia. Journal of World Business, 38, 397 415.
80. McCarthy, D. Puffer, S. (2008). In terpreting the ethicality of corporate governance decisions in Russia: utilizing integrative social contracts theory to evaluate the relevance of agency theory norms. Academy of Management Review, 33, 11 31.
81. Meyer, K. (2007). Asian contexts and the search for general theory in management research: a rejoinder. Asia Pacific Journal of Management, 24, 527 534.
82. Meyer, K. Peng, M.W. (2005). Probing theoretically into Central and Eastern Europe: transactions, resources, and institutions. Journal of International Business Studies, 36, 600 621.
83. Morosini, P., Shane, S. Singh, H. (1998). National cultural distance and cross-border acquisition performance. Journal of International Business Studies, 29, 137 158.
84. North, D. (1990). Institutions, Institutional Change, and Economic Performance. Cambridge, MA : Harvard University Press.
85. O'Grady, S. Lane, H. (1996). The psychic distance paradox. Journal of International Business Studies, 27, 309 333.
86. Oh, C.H. Rugman, A.M. (2007). Regional multinationals and the Korean cosmetics industry. Asia Pacific Journal of Management, 24, 27 42.
87. Orlitzky, M., Schmidt, F.L. Rynes, S.L. (2003). Corporate social and financial performance: a meta-analysis. Organization Studies, 24, 403 441.
88. Osegowitsch, T. Sammartino, A. (2008). Reassessing (home-) regionalisation. Journal of International Business Studies, 39, 184 196.
89. Peng, M.W. (2002). Towards an institution-based view of business strategy. Asia Pacific Journal of Management, 19, 251 267.
90. Peng, M.W. (2003). In stitutional transitions and strategic choices. Academy of Management Review, 28, 275 296.
91. Peng, M.W. (2004a). Identifying the big question in international business research. Journal of International Business Studies, 35, 99 108.
92. Peng, M.W. (2004b). Outside directors and firm performance during institutional transitions. Strategic Management Journal, 25, 453 471.
93. Peng, M.W. (2006). Global Strategy. Cincinnati, OH : South-Western Thomson.
94. Peng, M.W. (2009). Global Business. Cincinnati, OH : South-Western Cengage Learning.
95. Peng, M.W. (2007). Global strategy = strategy of firms around the globe. Presentation at the Strategic Management Society conference, San Diego, 14 October.
96. Peng, M.W. Delios, A. (2006). What determines the scope of the firm over time and around the world? An Asia Pacific perspective. Asia Pacific Journal of Management, 23, 385 405.
97. Peng, M.W. Khoury, T. (2008). Unbundling the institution-based view of international business strategy. In Rugman, A. (ed.), Oxford Handbook of International Business. Oxford : Oxford University Press.
98. Peng, M.W., Buck, T. Filatotchev, I. (2003). Do outside directors and new managers help improve firm performance? An exploratory study in Russian privatization. Journal of World Business, 38, 348 361.
99. Peng, M.W., Wang, D.Y.L. Jiang, Y. (2008). An institution-based view of international business strategy: a focus on emerging economies. Journal of International Business Studies, 39, 920 936.
100. Peng, M.W., Zhang, S. Li, X. (2007). CEO duality and firm performance during China's institutional transitions. Management and Organization Review, 3, 205 225.
101. Perlmutter, H.V. (1969). The tortuous evolution of the multinational corporation. Columbia Journal of World Business, 4, 9 18.
102. Pleggenkuhle-Miles, E.G., Aroul, R.R., Sun, S.L. Su, Y. (2007). The adolescence of Asia management research: APJM, 1997-2006. Asia Pacific Journal of Management, 24, 467 489.
103. Prahalad, C.K. (2004). The Fortune at the Bottom of the Pyramid: Eradicating Poverty through Profits. Philadelphia, PA : Wharton School Publishing.
104. Prahalad, C.K. Hammond, A. (2002). Serving the world's poor, profitably. Harvard Business Review, 80, 48 57.
105. Ralston, D., Holt, D.H., Terpstra, R.H. Yu, K.-C. (1997). The impact of national culture and economic ideology on managerial work values. Journal of International Business Studies, 28, 177 207.
106. Qian, G.M., Li, L., Li, J. Qian, Z.M. (2008). Regional diversification and firm performance. Journal of International Business Studies, 39, 197 214.
107. Rangan, S. Drummond, A. (2002). Explaining outcomes in competition among foreign multinationals in a focal host market. Strategic Management Journal, 25, 285 293.
108. Rousseau, D.M. Batt, R. (2007). Global competition's perfect storm: why business and labor cannot solve their problems alone. Academy of Management Perspectives, 21, 16 23.
109. Rowley, T. Berman, S. (2000). A brand new brand of corporate social performance. Business and Society, 39, 397 418.
110. Rubach, M. Sebora, T. (1998). Comparative corporate governance. Journal of World Business, 33, 167 184.
111. Rugman, A.M. Verbeke, A. (2004). A perspective on regional and global strategies of multinational enterprises. Journal of International Business Studies, 35, 3 18.
112. Rugman, A.M. Verbeke, A. (2007). Liabilities of regional foreignness and the use of firm-level versus country-level data: a response to Dunning et al. (2007). Journal of International Business Studies, 38, 200 205.
113. Rugman, A.M. Verbeke, A. (2008). The theory and practice of regional strategy: a response to Osegowitsch and Sammartino. Journal of International Business Studies, 39, 326 332.
114. Sarkar, J. Sarkar, S. (2000). Large shareholder activism in corporate governance in developing countries: evidence from India. International Review of Finance, 1, 161 194.
115. Schlegelmilch, B. (2007). Global ideals versus regional realities: why regional strategy still makes sense. Presentation at the Strategic Management Society Conference, San Diego October.
116. Scott, W.R. (1995). Institutions and Organizations. Thousand Oaks, CA : Sage.
117. Segal-Horn, S. (2007). The domain of global strategy. Presentation at the Strategic Management Society Conference, San Diego, 14 October.
118. Shane, S., Venkataraman, S. Macmillan, I. (1995). Cultural differences in innovation, championing strategies. Journal of Management, 21, 931 952.
119. Shenkar, O. (2001). Cultural distance revisited. Journal of International Business Studies, 32, 519 535.
120. Siegel, J. (2005). Can foreign firms bond themselves effectively by renting US securities laws? Journal of Financial Economics, 75, 319 359.
121. Singh, K. (2007). The limited relevance of culture to strategy. Asia Pacific Journal of Management, 24, 421 428.
122. Snider, J., Paul, R.H. Martin, D. (2003). Corporate social responsibility in the 21st century: a view from the world's most successful firms. Journal of Business Ethics, 48, 175 188.
123. Spulber, D.F. (2007). Global Competitive Strategy. New York : Cambridge University Press.
124. Sundaram, A. Inkpen, A. (2004). The corporate objective revisited. Organization Science, 15, 350 363.
125. Swanson, D.L. (1999). Toward an integrative theory for business and society: a research strategy for corporate social performance. Academy of Management Review, 24, 506 521.
126. Teegen, H. (2003). In ternational NGOs as global institutions. Journal of International Management, 9, 271 285.
127. Terlaak, A. (2007). Order without law? The role of certified management standards in shaping socially desired firm behaviors. Academy of Management Review, 32, 968 985.
128. Thompson, A. (1996). Compliance with agreements in cross-cultural transactions. Journal of International Business Studies, 27, 375 390.
129. Tihanyi, L., Griffith, D.A. Russell, C.J. (2005). The effect of cultural distance on entry mode choice, international diversification, and MNE performance: a meta-analysis. Journal of International Business Studies, 36, 270 283.
130. Uchitell, L., Battenberg, J.T. III Kochan, T. (2007). Employer-employee social contracts: fashioning a new compact for workers. Academy of Management Perspectives, 21, 5 16.
131. Vaaler, P. Schrage, B. (2006). Legal systems and rule of law effects on US cross-listing to bond by emerging-market firms. Working Paper 06-0126, University of Illinois at Urbana-Champaign.
132. Walsh, J.P., Weber, K. Margolis, J.D. (2003). Social issues and management: our lost cause found. Journal of Management, 18, 303 319.
133. Wilkinson, B. (1996). Culture, institutions, and business in East Asia. Organization Studies, 17, 421 447.
134. Witt, P. (2004). The competition of international corporate governance systems. Management International Review, 44, 309 333.
135. Wright, M., Filatotchev, I., Hoskisson, R.E. Peng, M.W. (2005). Strategy in emerging economies: challenging the conventional wisdom. Journal of Management Studies, 44, 1 33.
136. Xu, D. Shenkar, O. (2002). In stitutional distance and the multinational enterprise. Academy of Management Review, 27, 608 618.
137. Yip, G. (2003). Total Global Strategy II. Upper Saddle River, NJ : Prentice Hall.
138. Yoshikawa, T. Gedajlovic, E. (2002). The impact of global capital market exposure and stable ownership on investor relations practices and performance of Japanese firms. Asia Pacific Journal of Management, 19, 525 540.
139. Yoshikawa, T. McGuire, J. (2008). Change and continuity in Japanese corporate governance. Asia Pacific Journal of Management, 25, 5 24.
140. Young, M., Ahlstrom, D. Bruton, G. (2004). Globalization and corporate governance in East Asia. Management International Review, 44, 31 50.
141. Young, M., Peng, M.W., Ahlstrom, D., Bruton, G. Jiang, Y. (2008). Corporate governance in emerging economies: a review of the principal-principal perspective. Journal of Management Studies, 45, 196 220.
142. Zaheer, S. (1995). Overcoming the liability of foreignness. Academy of Management Journal, 38, 341 363.