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Journal articles on the topic 'Global Firms'

Author: Grafiati

Published: 9 March 2023

Last updated: 31 July 2025

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1

Bernard, Andrew B., J. Bradford Jensen, Stephen J. Redding, and Peter K. Schott. "Global Firms." Journal of Economic Literature 56, no. 2 (2018): 565–619. http://dx.doi.org/10.1257/jel.20160792.

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Research in international trade has changed dramatically over the last twenty years, as attention has shifted from countries and industries towards the firms actually engaged in international trade. The now-standard heterogeneous firm model posits measure-zero firms that compete under monopolistic competition and decide whether to export to foreign markets. However, much of international trade is dominated by a few “global firms,” which participate in the international economy along multiple margins and account for substantial shares of aggregate trade. We develop a new theoretical framework t

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2

Moen, Øystein, and Per Servais. "Born Global or Gradual Global? Examining the Export Behavior of Small and Medium-Sized Enterprises." Journal of International Marketing 10, no. 3 (2002): 49–72. http://dx.doi.org/10.1509/jimk.10.3.49.19540.

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Over the past decade, several studies have questioned the stage models of the internationalization process. Many of these studies concentrate on the exporting versus nonexporting factor, identifying an increasing number of firms that are active in international markets shortly after establishment. Limited empirical evidence exists as to whether this actuality indicates simply a reduced time factor in the preexport phase or an important change in the export behavior of firms. Using small and medium-sized exporting firms from Norway, Denmark, and France, the authors focus on the concept of gradu

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Bauer, Tim D., Bruce Dehning, and Theophanis C. Stratopoulos. "The Financial Performance of Global Information and Communication Technology Companies." Journal of Information Systems 26, no. 2 (2012): 119–52. http://dx.doi.org/10.2308/isys-50215.

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ABSTRACT This study examines the cross-sectional financial performance among firms from the global information and communication technology (ICT) sector over the period 1998–2007. Using a pooled linear regression, the results show that U.S.-based ICT companies are on average underperforming the rest of the world after controlling for firm-specific variables known to affect firm financial performance. The results also show that characteristics of the firm's host country explain a statistically significant portion of the variation in firm performance, incremental to firm-level characteristics. M

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Gull, Nida, Muhammad Asghar, Qader Aleem Ahmed, Asim Rafique Muhammad, Ahmed Syed Jameel, and Shan-e. Ali. "Entrepreneurial orientation and international performance of born global firms: the mediating role of entrepreneurial competencies." Vilakshan - XIMB Journal of Management 18, no. 2 (2021): 122–37. http://dx.doi.org/10.1108/xjm-06-2020-0009.

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Purpose This study aims to extend the understanding of entrepreneurial orientation (EO) by investigating the international EO (IEO) from the perspective of the international performance of born global firms. The born global firm's EOs toward global firms led to innovation and dynamic organizational capabilities and to improve the firms' international performance and development. Design/methodology/approach It is a hypothesis that IEO predicted that utilization of export promotion programs (EPPs) would be positively associated with international performance. The samples of 405 respondents were

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Baek, Youngmin, and Shujiro Urata. "Does global value chain participation improve firm productivity? A study of selected ASEAN developing countries." Asian Economic Journal 37, no. 2 (2023): 232–60. http://dx.doi.org/10.1111/asej.12304.

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AbstractThis paper examines the impact of local firms’ participation in global value chains (GVCs) on productivity by considering three different patterns of GVC participation. We conducted a DID‐PSM estimation involving three countries, Indonesia, the Philippines, and Vietnam, and 17 manufacturing sectors in 2009 and 2015 in a panel framework. We found an endogenous relationship between firm productivity and GVC participation: firms that enter GVCs have high productivity before participating in the GVCs (selection effect), and only Indonesian firms that entered GVCs had high productivity grow

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Murray, Janet Y. "Strategic Alliance–Based Global Sourcing Strategy for Competitive Advantage: A Conceptual Framework and Research Propositions." Journal of International Marketing 9, no. 4 (2001): 30–58. http://dx.doi.org/10.1509/jimk.9.4.30.19938.

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In an era of intense global competition, firms realize that the effective use of global sourcing contributes significantly to their market performance. Increasingly, successful firms use a higher level of strategic alliance–based global sourcing for major components by cooperating with their suppliers, even when highly specific assets are involved. This phenomenon is contradictory to the recommendation of transaction cost analysis, in which global internal sourcing should be used by firms when asset specificity is involved. Through the integration of different perspectives, the author examines

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Beaverstock, J. V. "Subcontracting the Accountant! Professional Labour Markets, Migration, and Organisational Networks in the Global Accountancy Industry." Environment and Planning A: Economy and Space 28, no. 2 (1996): 303–26. http://dx.doi.org/10.1068/a280303.

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In this paper, the notion of the labour market is discussed within the context of international migration of skilled labour in the accountancy industry. The principal arguments reported are that the labour-market practices of large accountancy firms have restructured the demand for professional labour on a global scale. Accounting staff are subcontracted to their firm's international office networks or multinational clients through secondment, transfer, or exchange procedures. Equally, those firms who are members of global accountancy networks subcontract their staff to the international indep

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Casanova, Lourdes, and Anne Miroux. "Chinese Multinationals Gaining Global Dominance." Journal of Evolutionary Studies in Business 9, no. 2 (2024): 6–34. http://dx.doi.org/10.1344/jesb2024.46919.

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Chinese firms have become key players in the global economy. Their rise is a defining feature since the turn of the century. In this paper, we analyze the ascent of Chinese firms in global business, the factors behind their emergence and how they have disrupted the global competitive landscape. Through the empirical study of large samples of firms and the help of databases like Capital IQ, FdI Markets and SDC Platinum, the paper examines the revenue growth and global expansion of Chinese firms– highlighting, among others, trends in geographical and sectoral distribution and modes of entry in f

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Bertaut, Carol, Stephanie E. Curcuru, Ester Faia, and Pierre-Olivier Gourinchas. "The Global (Mis)Allocation of Capital." International Finance Discussion Paper, no. 1399 (November 2024): 1–42. https://doi.org/10.17016/ifdp.2024.1399.

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The allocative efficiency of capital flows is one of the oldest and most contentious questions. We answer it by matching cross-border securities holdings reported in the US external statistics from 1995 to 2022 with the corresponding firm-level measures of allocative efficiency. We find that US investors tilt their international equity investment toward firms with high MRPK and markups, thereby fostering their potential for growth. Foreign investors tilt their holdings toward US firms with high productivity and intangible capital. A horse race shows that productivity is the best predictor of f

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Antràs, Pol, Teresa C. Fort, and Felix Tintelnot. "The Margins of Global Sourcing: Theory and Evidence from US Firms." American Economic Review 107, no. 9 (2017): 2514–64. http://dx.doi.org/10.1257/aer.20141685.

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We develop a quantifiable multi-country sourcing model in which firms self-select into importing based on their productivity and country-specific variables. In contrast to canonical export models where firm profits are additively separable across destination markets, global sourcing decisions naturally interact through the firm's cost function. We show that, under an empirically relevant condition, selection into importing exhibits complementarities across source markets. We exploit these complementarities to solve the firm's problem and estimate the model. Comparing counterfactual predictions

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MULLIN, RICK. "INDIAN FIRMS GO GLOBAL." Chemical & Engineering News Archive 84, no. 39 (2006): 62–65. http://dx.doi.org/10.1021/cen-v084n039.p062.

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Bell, Jim, Rod McNaughton, and Stephen Young. "‘Born-again global’ firms." Journal of International Management 7, no. 3 (2001): 173–89. http://dx.doi.org/10.1016/s1075-4253(01)00043-6.

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13

Teagarden, Mary B. "When Global Firms Merge." Thunderbird International Business Review 59, no. 2 (2017): 145–46. http://dx.doi.org/10.1002/tie.21901.

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Wang, Yaqi. "Impact of Information Disclosure Quality on Firm Financial Performance." Applied and Computational Engineering 146, no. 1 (2025): 48–54. https://doi.org/10.54254/2755-2721/2025.21589.

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With the rapid development of the global economy and the continuous evolution of the market environment, the operation of non-financial firms in the global market has attracted much attention. This research selects A-share listed non-financial firms as samples and uses data analysis methods, such as descriptive statistics and correlation analysis, to explore the impact of information disclosure quality on the firm's financial performance. The research result shows that the information disclosure quality is significantly and positively related to the firm's financial performance. The research r

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Schueffel, Patrick, Rico Baldegger, and Wolfgang Amann. "Behavioral patterns in born-again global firms." Multinational Business Review 22, no. 4 (2014): 418–41. http://dx.doi.org/10.1108/mbr-06-2014-0029.

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Purpose – The purpose of this paper is to identify factors that influence so-called born-again global firms’ internationalization behavior. Specifically, this article explores the following questions: why do mature, domestically focused firms suddenly turn into born-again global firms, how do they do so and what elements are needed for born-again global firms to be sustainable. Design/methodology/approach – Using an established international entrepreneurship model as a starting point, we extract relevant factors for a conceptual framework on born-again global firms’ internationalization activi

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WU, XIAOBO, XUEFENG LIU, and JIAN DU. "LOCAL FIRM'S KNOWLEDGE ACQUISITION IN THE GLOBAL MANUFACTURING NETWORK: EVIDENCE FROM CHINESE SAMPLES." International Journal of Innovation and Technology Management 04, no. 03 (2007): 267–81. http://dx.doi.org/10.1142/s0219877007001119.

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The Global Manufacturing Network (GMN) is a new manufacturing system, which provides great opportunities for local firms in developing countries to acquire knowledge and upgrade capabilities through collaborations in the GMN. This paper hypothesizes that local firm's potential absorptive capacity has a positive impact on its knowledge acquisition in the GMN, and the association between them is moderated by network embeddedness. Using data from Chinese manufacturing firms, this paper confirms the hypothesis that local firm's potential absorptive capacity can contribute to its knowledge acquisit

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Kang, Che-Yung, and Min-Ho Kim. "Born Global Strategies and the Corporate Performance of Korean Firms." Journal of Korea Trade 27, no. 1 (2023): 159–75. http://dx.doi.org/10.35611/jkt.2023.27.1.159.

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Purpose - This paper empirically investigates the relationship between born global strategy and the accounting- and market- based financial performance of Korean firms. Further, this study identifies the characteristics of born global firms (BGs) in comparison with non-BG counterparts in terms of size, R&D, and liability. Design/methodology - Using a database of listed Korean SMEs in the manufacturing sector from 2010 to 2020, this study applies panel generalized least squares (GLS) estimation and logistic regression techniques. Findings - This study finds that BG strategy is n

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Choi, Darwin, Zhenyu Gao, and Wenxi Jiang. "Attention to Global Warming." Review of Financial Studies 33, no. 3 (2020): 1112–45. http://dx.doi.org/10.1093/rfs/hhz086.

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Abstract We find that people revise their beliefs about climate change upward when experiencing warmer than usual temperatures in their area. Using international data, we show that attention to climate change, as proxied by Google search volume, increases when the local temperature is abnormally high. In financial markets, stocks of carbon-intensive firms underperform firms with low carbon emissions in abnormally warm weather. Retail investors (not institutional investors) sell carbon-intensive firms in such weather, and return patterns are unlikely to be driven by changes in fundamentals. Our

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Oniha, Kelly. "Success Indicators Influencing Choice Between Born Global and Born Regional Approach." International Journal for Research in Applied Science and Engineering Technology 9, no. 11 (2021): 816–25. http://dx.doi.org/10.22214/ijraset.2021.38908.

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Abstract: This paper explores the differences between born global firms and born regional firms. It compares performance between born regional firms and born global firms within the same industry. This paper would investigate three independent variables which are: firm performance, firm size, and model on a company’s strategy. I argue that despite key success indicators being almost similar in both born global firms and born regional firms, there exist some unique commonality in born global firms that are not evident in born regional firms, and vise-versa. This uniqueness motivates them to int

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Dow, Douglas. "Born global firms and accidental internationalists: Has Hennart (2014) opened a can of worms?" Review of International Business and Strategy 27, no. 3 (2017): 286–307. http://dx.doi.org/10.1108/ribs-02-2017-0012.

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Purpose The purpose of this paper is to respond to Hennart’s (2014) challenge to the existing born global literature. In his challenge, Hennart proposes a simpler explanation of why some firms internationalize earlier and more aggressively than others. However, such a parsimonious model of born global firms raises the awkward question of whether born global firms are indeed any different from firms that internationalize more gradually. Design/methodology/approach Using two extensive surveys of Australian exporters, this paper first explores the degree to which a set of six “facilitating factor

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Hong, Paul C., Kainan Wang, Xu Zhang, and Youngwon Park. "Trend analysis of Global Fortune 500 firms: a comparative study of Chinese and Japanese firms." Benchmarking: An International Journal 24, no. 1 (2017): 50–61. http://dx.doi.org/10.1108/bij-12-2014-0110.

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Purpose Over the decade the trend of Global Fortune 500 firms has shown significant changes – Japanese and Chinese firms in particular. The purpose of this paper is to present trend analysis of Global Fortune 500 – Japanese and Chinese firms. Key research questions are: what are the relevant macro-level changes that have affected the growth and decline of Japanese and Chinese firms? What are the industry-level changes that have occurred in Japanese and Chinese firms in terms of firm characteristics and financial performances? What are the lessons and implications from the firms added to or rem

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Agyemang-Mintah, Peter. "Remuneration Committee governance and firm performance in UK financial firms." Investment Management and Financial Innovations 13, no. 1 (2016): 176–90. http://dx.doi.org/10.21511/imfi.13(1-1).2016.05.

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This paper investigates the association between the Remuneration Committee (RC) on firm performance. The research uses a data span of 63 financial institutions for a period of 12 years. Ordinary Least Square (OLS) and Random Effects (RE) regression estimations are used. The ascertained empirical results indicate that the establishment of remuneration committee by the board is positively correlated to its performance, as measured by its Return on Assets (ROA), and is also statistically significant on the Market Value (MV) of the firm. Subsequent tests conducted show that presence of an RC had a

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Magnani, Giovanna, and Antonella Zucchella. "Coping with uncertainty in the internationalisation strategy." International Marketing Review 36, no. 1 (2019): 131–63. http://dx.doi.org/10.1108/imr-02-2017-0042.

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Purpose The purpose of this paper is to explore uncertainty-coping strategic actions in the internationalisation strategy of entrepreneurial ventures, encompassing born globals/international new ventures, enduring established internationalisers, old born globals, born-again globals and micro-multinationals. Design/methodology/approach The authors developed a qualitative exploratory study applying a grounded theory approach to ten entrepreneurial firms to investigate the strategies they adopted to cope with Knightian uncertainty in international markets. Findings The global niche strategy emerg

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Jucá, Michele, and Albert Fishlow. "CORPORATE INVESTMENT IN THE GLOBAL FINANCIAL CRISIS." Journal of Business Economics and Management 22, no. 3 (2021): 636–55. http://dx.doi.org/10.3846/jbem.2021.14548.

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This paper exams the impact of high levels of bank debt, leverage, credit obtained from government banks and cash reserves in the long and short terms investments of firms in the main Latin American countries after this crisis. For this purpose, it is applied a difference-in-differences test in a sample of more than 500 public and private firms, using hand-collected data of firms’ governmental bank dependence. The review period considers five previous (2003–2007) and subsequent years (2008–2012) to the crisis. The major results are reduction of long-term investments for firms with greater bank

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Kim, Young Sang. "Global Diversification and Hedging by High Technology Firms." Journal of Derivatives and Quantitative Studies 21, no. 4 (2013): 383–409. http://dx.doi.org/10.1108/jdqs-04-2013-b0002.

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This paper examines the operational hedging strategies of high technology firms and how they are related to financial hedging. We use a sample of 216 firms, consisting of 108 operationally-hedged high technology firms and a size and industry matched sample of 108 non-operationally-hedged firms. We find that derivatives users are larger and are more R&D intensive than non-derivative users. Our regression analysis results show that operational hedging and financial hedging are complementary. However, firms that use financial hedging are able to significantly lower their exchange rate exposur

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Sun, Wenbin, and Jing Pang. "Service quality and global competitiveness: evidence from global service firms." Journal of Service Theory and Practice 27, no. 6 (2017): 1058–80. http://dx.doi.org/10.1108/jstp-12-2016-0225.

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Purpose The purpose of this paper is to explore the relationship between service quality and firms’ global competitiveness in the service industry. A set of moderating effects is formulated to further reveal how the relationship varies under different situations. Design/methodology/approach This paper tests the model with data collected from multiple sources such as World’s Most Admired Companies and COMPUSTAT. Two types of robust regressions for panel data are employed in the empirical model estimation. Findings Service quality is found to significantly drive global competitiveness. Specifica

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Zhang, Gaohan. "Research on the Influence Mechanism of Global Enterprises' Return Investment on Enterprise Performance." International Journal of Global Economics and Management 1, no. 1 (2023): 102–8. http://dx.doi.org/10.62051/ijgem.v1n1.15.

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This study focuses on the mechanisms by which global firms' return investment affects performance, using resource dependence, opportunity cost and capital structure as the main theoretical perspectives. The resource dependence perspective suggests that return investment is a strategy for firms to acquire and protect resources, and to reduce their dependence on external markets by repatriating capital, technology, and brand resources. This process may be achieved through internal resource reallocation, organizational culture adjustment and strategic innovation, which profoundly affects firm per

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Lagrosen, Stefan. "Quality management in global firms." TQM Magazine 16, no. 6 (2004): 396–402. http://dx.doi.org/10.1108/09544780410563310.

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Oluwatayo, Adedapo, and Dolapo Amole. "Characteristics of global architectural firms." Engineering, Construction and Architectural Management 19, no. 4 (2012): 393–405. http://dx.doi.org/10.1108/09699981211237102.

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Boettcher, Roland, and Martin K. Welge. "Global strategies of European firms." International Executive 38, no. 2 (1996): 185–216. http://dx.doi.org/10.1002/tie.5060380203.

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Nautiyal, Anmol, and Suryanarayana Shastri. "Global Crossing: A Turnaround." Foreign Trade Review 37, no. 1-2 (2002): 85–103. http://dx.doi.org/10.1177/0015732515020106.

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During the 1990s, India saw tremendous changes in the economy and many Indian firms enjoyed the benefits of the Government's open policy. On-going process of relaxation in trade barriers and tariffs and the phasing-out of Quantitative Restrictions (QRs) are and will create many opportunities for growth. Changes in the external environment will impose challenges as well as create many opportunities for Indian firms. The focus of this paper is to identify the challenges and propose strategies for Indian multinationals. This would enable them to counter the challenges, leverage the opportunities

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Lin, Song, and Steven Si. "The influence of exploration and exploitation on born globals’ speed of internationalization." Management Decision 57, no. 1 (2019): 193–210. http://dx.doi.org/10.1108/md-08-2017-0735.

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Purpose The purpose of this paper is to investigate exploration and exploitation as antecedents to speed of internationalization in born global firms. Design/methodology/approach By using 150 born global firms in China, the authors demonstrate that the influence of exploration and exploitation on born globals’ speed of internationalization. The statistical method in this study is hierarchical regression model. Findings The results revealed that exploration has a negative effect on the internationalization of born global firms, whereas exploration does not. The interaction between exploration a

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You, Weimu, Asta Salmi, and Katri Kauppi. "Integration of African firms into global value chains." critical perspectives on international business 14, no. 2/3 (2018): 252–81. http://dx.doi.org/10.1108/cpoib-11-2016-0056.

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Purpose This paper aims to analyze the roles that African suppliers play in global value chains and the strategies that foreign firms adopt to integrate African firms into their supply chains. Design/methodology/approach The empirical research of this paper is based on a multiple case study and on interview data of foreign buyers and their entry into African supply markets: five Finnish companies and five Chinese companies were interviewed in 2014-2015. Findings The authors find that Finnish firms make relatively small investments and start sourcing operations on a small scale, whereas Chinese

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Bayraktar, Ahmet, and Nelson Oly Ndubisi. "The role of organizational mindfulness in firms’ globalization and global market performance." Journal of Research in Marketing and Entrepreneurship 16, no. 1 (2014): 26–46. http://dx.doi.org/10.1108/jrme-10-2013-0029.

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Purpose – This research aims at contributing to international marketing literature by reconsidering the drivers of firms’ globalization and global market performance in the light of organizational mindfulness concept. Design/methodology/approach – Based on industrial organization theory, resource-based view and literature on organizational mindfulness, a conceptual framework is presented to characterize how organizational mindfulness impacts firms’ globalization process and global market performance. In total, 14 propositions are extracted. Findings – This paper proposes that organizational mi

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Karunakaran, N., and T. Bayavanda Chinnappa. "Global hr skills and competencies." Journal of Management Research and Analysis 8, no. 2 (2021): 75–77. http://dx.doi.org/10.18231/j.jmra.2021.016.

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The paper focused on aspects of HR in international firms. It tries to explore the implications of global HR skills and competencies. That is how the HRM is practical in multinationals in globalized, liberalized and privatized world. In particular cultural influences on HR and HRD, emerging skills, and implications for the firms and some suggestions for them are attempted.

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Hoon Oh, Chang, and Alan M. Rugman†. "The dynamics of regional and global multinationals, 1999-2008." Multinational Business Review 22, no. 2 (2014): 108–17. http://dx.doi.org/10.1108/mbr-04-2014-0015.

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Purpose – This paper aims to analyze regional versus global activities of large firms. We assemble longitudinal data over the 1999-2008 period. Design/methodology/approach – Sales and assets data for the Fortune 500 firms from 1999-2008 were compiled from annual reports of the firms, by triad region. The definition of the triad regions is based on international accounting standards. The classifications of firms are based upon the new metric of regional-to-total sales rather than the traditional metric of foreign-to-total sales. Findings – In an extension of the original study of Rugman and Ver

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Mawani, Amin. "MNEs' Incentives Under a Global Minimum Tax Based on Accounting Standards." Canadian Tax Journal/Revue fiscale canadienne 71, no. 2 (2023): 489–516. http://dx.doi.org/10.32721/ctj.2023.71.2.sym.mawani.

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The Organisation for Economic Co-operation and Development has proposed a pillar two global minimum tax (GMT) for which the tax base is the jurisdiction-specific effective tax rate (ETR), an accounting metric calculated under the rules of accrual accounting. History has shown that when tax is imposed on accounting numbers, taxpayers often use the discretion available in accounting to manage their tax liability. This paper argues that the discretion that multinational enterprises (MNEs) can exercise within accounting rules to change their ETRs will be limited because increasing ETR (to reduce G

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Neely, Andy, and Jasper Hii. "The Innovative Capacity of Firms." Nang Yan Business Journal 1, no. 1 (2014): 47–53. http://dx.doi.org/10.2478/nybj-2014-0007.

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Abstract Innovation is widely accepted as a crucial competitive weapon in today's global market place. Yet the levels of innovation achieved by different firms, even within the same industry, can vary widely. The key question raised by this observation is why. Why are some firms more innovative than others? What are the factors that determine a firm's capacity to innovate and how can these be managed to enhance the firm's innovative potential? This paper sets out to address these and related issues. It reports the results of a study of competitiveness and innovation of firms in the East of Eng

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Halliburton, Chris, and Ian Jones. "Executive Insights: Global Individualism—Reconciling Global Marketing and Global Manufacturing." Journal of International Marketing 2, no. 4 (1994): 79–88. http://dx.doi.org/10.1177/1069031x9400200405.

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Two apparently contradictory trends emerge from recent developments in marketing thinking—global marketing, and individual, or one-to-one, marketing relationships. Simultaneously, recent manufacturing developments have enabled firms to provide “mass customization, “ or products tailored to individual customer requirements. This article discusses these two issues, and suggests that they are the same phenomenon, viewed from two distinct disciplines. This raises serious questions about possible responses of Western companies to Japanese competition.

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Rickenbach, Mark, and Thomas W. Steele. "Logging firms, nonindustrial private forests, and forest parcelization: evidence of firm specialization and its impact on sustainable timber supply." Canadian Journal of Forest Research 36, no. 1 (2006): 186–94. http://dx.doi.org/10.1139/x05-238.

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Increasing forest parcelization has raised concerns about tract-size economies and sustainable timber supply. We explored this issue by examining the logging sector and forest ownership in northern Wisconsin and Michigan's Upper Peninsula. Using 2004 survey data, we found that 48% of logging firms demonstrated a near exclusive reliance on nonindustrial private forests (NIPFs). NIPF-dependent firms derived 87.5% of their stumpage from this ownership, whereas nondependent firms exhibited a significantly more diversified stumpage supply distributed among public (42.6%), industrial-corporate (33.3

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Samiee, Saeed, and Kendall Roth. "The Influence of Global Marketing Standardization on Performance." Journal of Marketing 56, no. 2 (1992): 1–17. http://dx.doi.org/10.1177/002224299205600201.

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The authors address a key controversy in the marketing literature about the suitability of global standardization. An empirical investigation of the differences between firms that emphasize global standardization and others that use less standardization was conducted within the global industry context. The results indicate that market coverage and capacity utilization are important considerations for firms emphasizing global standardization. Emphasis on specialty products and the development of high priced products for market niches are also of some importance to these firms. However, in the c

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Chaudhary, Ghulam Mujtaba, Zafar Iqbal, and Nazakat Hussain. "Financial Leverage, Distress, and Firms Performance: Global and Local Perspective." Sustainable Business and Society in Emerging Economies 5, no. 3 (2023): 205–14. http://dx.doi.org/10.26710/sbsee.v5i3.2680.

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Purpose: This study examined the effect of financial leverage on firms’ performance. The study examined the phenomenon in the background of financial crisis. Methodology: For detailed investigation, the study selected 1879 firms from different countries of the world. In the meantime, the study selected a sample of 263 firms from domestic economy of Pakistan. Firm level secondary data of 2005-2012 were used for analysis purposes. Panel regression model is applied, and interactive dummy were added to probe the effect of leverage in crisis period. Findings: The study found a negative

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BRÄNNBACK, MALIN, ALAN CARSRUD, and MAIJA RENKO. "EXPLORING THE BORN GLOBAL CONCEPT IN THE BIOTECHNOLOGY CONTEXT." Journal of Enterprising Culture 15, no. 01 (2007): 79–100. http://dx.doi.org/10.1142/s0218495807000058.

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Purpose: The purpose of this research paper is to explore what constitutes being "born global." We approach the born global phenomenon by applying ideas presented in existing international entrepreneurship, business, and marketing literatures. In addition, the paper illustrates how market orientation is a relevant construct for understanding the existence of born global firms. Market orientation is contrasted with science driven strategies in young, technology based firms and in both domains. In markets as well as in science, both global and local forces influence the behavior of new biotechno

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Tintelnot, Felix. "Global Production with Export Platforms*." Quarterly Journal of Economics 132, no. 1 (2016): 157–209. http://dx.doi.org/10.1093/qje/qjw037.

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Abstract Most international commerce is carried out by multinational firms, which use their foreign affiliates both to serve the market of the host country and to export to other markets outside the host country. In this article, I examine the determinants of multinational firms’ location and production decisions and the welfare implications of multinational production. The few existing quantitative general equilibrium models that incorporate multinational firms achieve tractability by assuming away export platforms—that is, they do not allow foreign affiliates of multinationals to export—or b

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Sachdeva, S. K. "Global Sourcing and Global Manufacturing Competitiveness." Paradigm 1, no. 2 (1998): 100–108. http://dx.doi.org/10.1177/0971890719980216.

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We are at the beginning of a major change in global economy. The decade will see increasing polarisation of super regional trade agreements. With increasing world trade great opportunities are developing thrust on global manufacturing competitiveness and formation of international, multinational and transnational firms percolating various aspects of glolml sourcing for achieving internationalisation in their operations with utilisation of local resources and creating source partnering throughout the world.

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Gerschewski, Stephan, Valerie J. Lindsay, and Elizabeth Rose. "Advancing the entrepreneurial orientation construct: the role of passion and perseverance." Review of International Business and Strategy 26, no. 4 (2016): 446–71. http://dx.doi.org/10.1108/ribs-08-2016-0042.

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Purpose The purpose of this paper is to examine how entrepreneurial orientation (EO) is manifested in the context of born global firms. Specifically, the authors investigate the extent to which the EO dimensions of the influential Miller/Covin & Slevin scale are demonstrated in born globals. In addition, following calls in the literature, some as-yet unrecognised dimensions of EO in born globals are examined. Design/methodology/approach The authors use a qualitative research approach by conducting semi-structured, in-depth interviews with eight born global firms from New Zealand and Austra

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Kaya, Halil D., and Nancy L. Lumpkin-Sowers. "The Global Crisis And Crime: A Look Into Manufacturing Firms." SocioEconomic Challenges 4, no. 3 (2020): 66–76. http://dx.doi.org/10.21272/sec.4(3).66-76.2020.

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In this study, we examine how the 2007-2009 Global Crisis affected manufacturing firms’ security spending and losses due to property crime (i.e. theft, robbery, vandalism, and arson) in Eastern Europe and Central Asia. Although we are currently experiencing a new global crisis due to the coronavirus, we cannot examine this current period yet since the current crisis is still ongoing. This article pulls together different literatures on the aftermath of the 2007-2009 Global Crisis in middle income economies, the influence of crisis on global supply chains, and the connections between unemployme

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Lehrer, Mark, and Sokol Celo. "Boundary-spanning and boundary-buffering in global markets." Review of International Business and Strategy 27, no. 2 (2017): 161–79. http://dx.doi.org/10.1108/ribs-09-2016-0053.

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Purpose This paper aims to provide a novel way of thinking about firm internationalization. We offer a stylized view of family firms as internationalizers who choose to engage in “boundary-spanning” across global product markets while engaging in “boundary-buffering” to insulate themselves from global financial markets. Design/methodology/approach The case of Germany, with its large stock of internationalized family firms, shows how boundary-buffering vis-à-vis global capital markets can be compatible with successful and sustained internationalization and boundary-spanning in global product ma

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Benner, Mats. "Interpreting the global bio-economy." Australian Health Review 33, no. 2 (2009): 299. http://dx.doi.org/10.1071/ah090299.

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THIS BOOK IS AN INSIGHTFUL and theoretically ambitious anthropological study of the genomics and biotech industries in the United States and India. These and related science-based sectors form part of the bio-economy, a larger complex of manufacturing, service, and research and development (R&D) activities, grounded increasingly in advancements in the biological sciences. In his groundbreaking study, Kaushik Sunder Rajan seeks to explain the intersection between biological knowledge ? the new knowledge of life itself ? and the economic accumulation process in which large pharmaceutical fir

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Rakita, Branko, and Sanja Mitić. "Development and expansion of born global firms in Serbia." Marketing 52, no. 2 (2021): 95–102. http://dx.doi.org/10.5937/mkng2102095r.

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Early internationalization has been widely recognized as an important research topic since 1990s when the term "born global firms" was for the first time introduced. Although there is significant research interest for early internationalization in developed and developing countries, in Serbia and Western Balkan this topic has not received considerable attention from the scientific community. At the same time, early internationalization of small and medium-sized firms is present and can not be neglected in the region and Serbia. This paper aims to identify the main prerequisites for the develop

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