Director interlock;
Microfoundations;
Frequency of international expansion;
Foreign market entry mode;
High control entry mode;
TOP MANAGEMENT TEAMS;
ENTRY-MODE;
KNOWLEDGE TRANSFER;
INTERORGANIZATIONAL IMITATION;
CORPORATE GOVERNANCE;
JAPANESE FIRMS;
JOINT-VENTURE;
START-UP;
EXPERIENCE;
ACQUISITION;
D O I:
10.1016/j.jwb.2018.02.003
中图分类号:
F [经济];
学科分类号:
02 ;
摘要:
This study investigates director interlock as a mechanism by which an MNC learns and adopts high control market expansion modes that other MNCs use. Using data on greenfields and acquisitions by S&P 500 firms in the period 2003-2010, we find a significant relationship between the use of high control market expansion modes by interlocked MNCs and the frequency of international expansion of a focal MNC through such modes in unrelated industries, with the relationship stronger for the depth of interlocked director experience. The findings contribute to the literatures around the frequency of international expansion and microfoundations of international strategy.
机构:
Brigham Young Univ, Provo, UT 84602 USA
Brigham Young Univ, Marriott Sch, Provo, UT 84602 USAUniv Utah, Eccles Sch Business, Salt Lake City, UT 84112 USA
机构:
Brigham Young Univ, Provo, UT 84602 USA
Brigham Young Univ, Marriott Sch, Provo, UT 84602 USAUniv Utah, Eccles Sch Business, Salt Lake City, UT 84112 USA