470 research outputs found

    Trojan Horses or Local Allies: Host-country National Managers in Developing Market Subsidiaries

    Get PDF
    We investigate a multinational corporation's (MNC) decision to appoint host-country national (HCN) managers to foreign subsidiaries based on the institutional context of and familiarity with the host country. HCN managers are commonly associated with specialized knowledge, superior responsiveness, and higher legitimacy. Yet, we argue that local familiarity of HCNs can also be perceived as risky or harmful by MNC parents. We analyze how formal and informal institutions affect the trade-off between positive effects and potential costs associated with HCN managers ("Local allies" vs. "Trojan horses"). We find that legal institutions protect foreign MNCs from potential costs, encourage the use of HCNs and reinforce their benefits. Corruption and corruption distance, however, increase perceived costs associated with HCN managers up to a point at which they outweigh their perceived benefits

    United States-Romania Trade Agreements

    Get PDF

    Trade Between Market and Non-Market Economies: East-West Trade - U.S.-U.S.S.R. Maritime Accord

    Get PDF

    Optimal higher order modeling methodology based on method of moments and finite element method for electromagnetics

    Get PDF
    2011 Fall.Includes bibliographical references.General guidelines and quantitative recipes for adoptions of optimal higher order parameters for computational electromagnetics (CEM) modeling using the method of moments and the finite element method are established and validated, based on an exhaustive series of numerical experiments and comprehensive case studies on higher order hierarchical CEM models of metallic and dielectric scatterers. The modeling parameters considered are: electrical dimensions of elements (subdivisions) in the model (h-refinement), polynomial orders of basis and testing functions (p-refinement), orders of Gauss-Legendre integration formulas (numbers of integration points - integration accuracy), and geometrical orders of elements (orders of Lagrange-type curvature) in the model. The goal of the study, which is the first such study of higher order parameters in CEM, is to reduce the dilemmas and uncertainties associated with the great modeling flexibility of higher order elements, basis and testing functions, and integration procedures (this flexibility is the principal advantage but also the greatest shortcoming of the higher order CEM), and to ease and facilitate the decisions to be made on how to actually use them, by both CEM developers and practitioners. The ultimate goal is to close the large gap between the rising academic interest in higher order CEM, which evidently shows great numerical potential, and its actual usefulness and application to electromagnetics research and engineering applications

    Luftmatratze vs. Hotel - wie man Home Sharing reguliert

    Get PDF
    Das Aufkommen von Unternehmen Ă  la Airbnb oder Wimdu, die der Sharing Economy zugerechnet werden, sorgte fĂĽr einigen Aufruhr. Beklagt wurden unfaires Verhalten, gesetzliche Graubereiche und eine Menge Unsicherheiten: Doch die Politik schaffte Ordnung, und klare Rahmenbedingungen regen nun Innovationen an

    How "space" and "place" influence subsidiary host country political embeddedness

    Get PDF
    As a part of multinational corporations (MNCs), subsidiaries operate in distinct host countries and have to deal with their external context. Host country political embeddedness, in particular, helps subsidiaries to obtain knowledge and understanding of the regulatory and political context, and to get access to local networks. Moreover, they get some guidance and support from their headquarters. Distance between MNC home and host countries, however, alienates subsidiaries from the MNC and influences the extent of subsidiary host country political embeddedness. We suggest that the host country political and regulatory context moderates the effect of distance on subsidiary host country political embeddedness by reducing the need and/or value of headquarters support. Using a sample of 124 European manufacturing subsidiaries, we find that distance (space) and context (place) matter jointly: the impact of distance is stronger for subsidiaries that operate in host countries with low governance quality and low political stability in place

    Interdependent Formation of Symbolic and Regulatory Boundaries: The Discursive Contestation Around the Home-Sharing Category

    Get PDF
    The formation of boundaries between established and emergent categories is a complex social process. Therein, our understanding of how symbolic boundaries translate into regulatory boundaries is underdeveloped. Extant research either treats laws and regulations for categories as given, or it assumes a seamless translation of a symbolic into a regulatory boundary. This sidelines that market participants actively contest and shape boundaries between categories. To address this lacuna, we open the black box of how symbolic boundaries are translated into regulatory boundaries. We adopt a discursive perspective and conduct a longitudinal study of the contestation around the categories of home sharing and short-term rental in Europe. Our analysis shows how symbolic and regulatory boundaries are formed in a causal sequential process, driven by shifts in the field positioning of market actors and in the discursive accounts they mobilize. We develop a theoretical model of the discursive foundation of category boundary formation. At the heart of our theorization are discursive accounts and how shifting coalitions of market participants mobilize them to shape the evolving symbolic and regulatory boundaries between an emergent and an established category. We contribute to category research by unearthing the interdependent formation of symbolic and regulatory boundaries and the role of discursive accounts in these processes

    Interdependent Formation of Symbolic and Regulatory Boundaries: The Discursive Contestation Around the Home-Sharing Category

    Get PDF
    The formation of boundaries between established and emergent categories is a complex social process. Therein, our understanding of how symbolic boundaries translate into regulatory boundaries is underdeveloped. Extant research either treats laws and regulations for categories as given or assumes a seamless translation of a symbolic into a regulatory boundary. This sidelines that market participants actively contest and shape boundaries between categories. To address this lacuna, we open the black box of how symbolic boundaries are translated into regulatory boundaries. We adopt a discursive perspective and conduct a longitudinal study of the contestation around the categories of home sharing and short-term rental in Europe. Our analysis shows how symbolic and regulatory boundaries are formed in a causal sequential process, driven by shifts in the field positioning of market actors and in the discursive accounts they mobilize. We develop a theoretical model of the discursive foundation of category boundary formation. At the heart of our theorization are discursive accounts and how shifting coalitions of market participants mobilize them to shape the evolving symbolic and regulatory boundaries between an emergent and an established category. We contribute to category research by unearthing the interdependent formation of symbolic and regulatory boundaries and the role of discursive accounts in these processes
    • …
    corecore