Search results

AbstractThe development of various types of linkages is key to understanding the impact of multinational enterprises (MNEs) on the economic development of host markets. Using a qualitative research approach, we investigate the linkages created by IT MNEs in Pakistan. The findings suggest that these MNEs have created management, technological, diversification, and financial linkages, among others. Their creation is contingent and co‐determined by the MNEs' investment motives, their mandates, and embeddedness in the host market as well as the local technical capability. We highlight the contributions and implications of these linkages. Copyright © 2017 ASAC. Published by John Wiley & Sons, Ltd.

AbstractThis paper investigates the influence of corporate governance on the performance of modern Chinese firms. Prior studies were inconclusive about the relationship between corporate governance and firm performance. Little research investigates the performance implications of board structure in the post‐institutional‐transition era in China. Based on agency and resource dependence theories, this paper examines the impacts of board composition and leadership structure on the performance of Chinese manufacturing firms that went public on the Shanghai and Shenzhen Stock Exchanges in 2010. The findings show that separating the posts of CEO and chair promotes better performance. However, appointing a larger proportion of outside independent directors to the board insignificantly affects performance. This research provides partial support for agency theory and extended insights into corporate governance in emerging economy firms. Copyright © 2017 ASAC. Published by John Wiley & Sons, Ltd.

Purpose
In cross-border mergers and acquisitions (M&As), acquirers often fail to achieve the expectations they held when they made the M&A deals. This paper aims to propose that the risks of cross-border M&As can be mitigated by building and cultivating organizational resilience as a prime means of risk management.


Design/methodology/approach
The research examines risks associated with cross-border M&A and how such risks can be mitigated by developing resilience. It presents dual cases of acquisitions of the biggest branded mobile phone manufacturer in Taiwan.


Findings
The authors find that the acquirer faces multiple risks in cross-border M&A transactions, including financial, strategic and organizational, and process risks that arise from misalignment between the goal of the M&As and the post-acquisition performance of the target firms.


Originality/value
The research provides theoretical insights on organizational resilience and how it can mitigate the specific risks involved in cross-border M&As, thereby developing coherent organizational resilience processes.

AbstractResearch has shown that implementation of corporate social responsibility (CSR) practice represents a considerable challenge for small and medium‐sized enterprises (SMEs). This research conceptualises the dimensions and contingencies of CSR in SME supply chains. Drawing on institutional theory and stakeholder theory, we investigated the degree of importance and implementation of CSR practices in SMEs. A large‐scale questionnaire survey with SMEs in manufacturing sectors and panel discussions were conducted in South Korea. The findings indicate that SMEs tend to focus on explicit CSR practices that can be easily identified by their customers. Consistent with this, stakeholder and institutional pressures were valid in the performance of CSR practices, but largely biased to customers, government, and regulatory pressures. Based on institutional theory and stakeholder theory as overarching theoretical lenses, this research contributes to a fuller understanding of the dimensions of CSR practices in the supply chains from an SME perspective. Copyright © 2017 John Wiley & Sons, Ltd and ERP Environment

Research has shown that implementation of corporate social responsibility (CSR) practice represents a considerable challenge for small and medium-sized enterprises (SMEs). This research conceptualises the dimensions and contingencies of CSR in SMEs' supply chains. Drawing on institutional theory and stakeholder theory, we investigates the degree of importance and implementation of CSR practices in SMEs. A large-scale questionnaire survey with SMEs in manufacturing sectors and panel discussions were conducted in South Korea. The findings indicate that SMEs tend to focus on explicit CSR practices that can be easily identified by their customers. Consistent with this, stakeholder and institutional pressures were valid in the performance of CSR practices, but largely biased to customers, government and regulatory pressures. Based on institutional theory and stakeholder theory as overarching theoretical lenses, this research contributes to offer a fuller understanding of dimensions of CSR practices in the supply chains from a SME perspective.