Cover -- Emerging Market Firms in the Global Economy -- Copyright page -- Contents -- List of Contributors -- Part I: An Overview -- Emerging Market Firms in the Global Economy: An Overview -- Internationalization of Emerging Market Firms -- Corporate Strategy of Emerging Market Firms -- Corporate Governance of Emerging Market Firms -- References -- Part II: Internationalization -- Acquiring Firm-Specific Advantages: Organizational Innovation and Internationalization at Indian Multinational Corporations -- Introduction -- Analyzing EMFs -- Organizational Transformation and Capabilities -- Survey -- Key Organizational Features Studied -- Results -- Discussion -- Implications and Limitations -- References -- Degree of Internationalization and Economic Performance of SMEs in Bangalore: Influential Factors and Outcomes -- Introduction -- SMEs and Internationalization: Definition of Concepts -- Degree of Internationalization and Economic Performance of SMEs: A Review of Literature and a Conceptual Model -- Objectives, Scope and Research Methods -- Characteristics of Internationalized SMEs in Bangalore -- The Factors influencing Degree of Internationalization and Economic Performance: Results of Analysis -- Inferences and Conclusions -- References -- The Role of Personal Networks in Russian MNCs' Internationalization -- Introduction -- Literature Review -- Networking in the Context of Emerging Economies -- Personal Networking in Russia -- Functions of Networking in the Process of Internationalization of Russian MNCs -- Function 1: Access to Information and Knowledge -- Function 2: Resource Commitment -- Function 3: Development of Sales and Marketing Capabilities -- Function 4: Further Network Expansion -- Conclusion -- References -- Appendix: Journals and number of articles on the link of personal networks/relationships and firm internationalization.

Low-Level Management Control and Cross-Border Knowledge Transfer of Emerging Economy Firms -- Introduction -- Literature Review -- Research Design -- Method -- Case Selection -- Data Collection -- Analysis and Findings -- Case Description -- Case 1: Chinese Company A-UK Company B: Low-level Control and Successful Knowledge Transfer -- Case 2 - Chinese Company C: Low-level Control and Successful Knowledge Transfer -- Case 3 - Chinese Company E: High-level Control and Unsuccessful Knowledge Transfer -- Coding and Analysis -- Conclusion -- Acknowledgment -- References -- The Internationalization of Russian Mobile Telecommunications Operators -- Introduction -- The Internationalization of Russian Mobile Telecommunications Providers -- Methodology -- Russian Mobile Telecommunications Providers Internationalization: Findings from Two Cases -- Discussion and Conclusions -- References -- Part III: Corporate Strategy -- Shareholder Value Creating Strategies for Emerging Markets -- Strategies for Emerging Markets -- Firm-Dominant Strategies -- Location-Dominant Strategies -- Hybrid Strategies -- Fathoming the Implications -- Constructing Mosaics -- Core Resources -- Uniqueness of Resources -- Affordable Resource Deployment -- Location-Specific Offsets -- Leveraging Local Conditions -- Appealing Local Conditions -- Locus of Favorable Conditions -- The Role of Time -- Local Conditions and Core Resources -- Some Final Thoughts -- Acknowledgment -- References -- APPENDIX A -- Sample Selection and Description -- Cluster Analysis -- Technical Details -- Evaluating Cluster Validity -- Event-Study Methodology -- Cluster Variates: Definition, Operationalization, and Rationale for Selection -- Task Complexity (TCPLX) -- Partner-Venture Business Scope (SCOPE) -- Rivalry between Partners (RIVAL) -- Firm Size (FSIZE) -- Joint Venture Experience (JVEXP).

Ownership Structure (OWNER) -- Decision-Making Structure (DCMKG) -- Relative Competitive Position (RLPOS) -- Availability of Skilled Labor (SKILL) -- Market Potential (MSIZE) -- Market Growth Rate (MKTGR) -- Type of Joint Venture Partner (PTYPE) -- Intellectual Property Rights Regime (PATNT) -- Political Risk (PRISK) -- Trading Openness (TRADE) -- Cultural Distance Joint Venture Partners (CDIST) -- APPENDIX B -- APPENDIX C -- Do Service Firms Prefer Domestic Expansion despite Prior International Experience: The Case of Indian Software MNEs -- Introduction -- Literature Review -- Offshore Outsourcing -- Alternative Paths for Software Firms to Service International Clients and Their Strategic Implications -- Hypotheses Development -- International Experience and the Choice between DDCs and GDCs -- Interactive Effect of International Experience and CMMI Accreditation -- Interactive Effect of Rivals' International Expansion and International Experience -- Research Method -- Context and Sample -- Sample and Data Gathering -- Measures -- Dependent Variable -- Independent Variables -- CMMI Level 5 Certification -- Rivals' GDCs -- International Experience -- Control Variables -- Performance -- Firm size -- Estimation Methods -- Results -- Discussion, Limitations, and Future Research -- References -- Brazilian Companies in their Habitat: The Impacts of Pro-Market Reforms in their Evolution and Internationalization -- Introduction -- The Configuration of the Context where Pro-Market Reforms Came into Being -- The Birth of the First Companies that Would Become Multinationals -- 1930-1955: The First Surge of Nationalist Development and the Creation of SOEs -- 1955-1964: Industrialization Accelerates thanks to Foreign Multinationals -- 1964-1980: The Military Coup and the Revival of Nationalist Development.

1980-1990: The Economic Crisis and the Weakening of Imports Substitution Industrialization -- Economic Liberalization -- The Pro-Market Economic Reforms in Brazil (1990-2000) -- Privatization Redefines Governance in Strategic Sectors -- Foreign Multinationals Increase their Presence in the Local Markets -- Resilient Brazilian Firms Internationalize -- The Marks of the Local Institutional Environment on Internationalization -- Final Comments -- References -- Part IV: Corporate Governance -- Corporate Financial Reporting in the BRIC Economies: A Comparative International Analysis of Segment Disclosure Practices -- Introduction -- Literature Review -- IFRS 8 Operating Segments -- Implementation of IFRS 8 -- Financial Reporting in the BRIC Countries -- Research Method -- Results -- Number of Reportable Operating Segments and Geographic Segments -- Narrative Disclosures of Segment Information -- Concluding Remarks -- Notes -- References -- Are Chinese CEOs Stewards or Agents? Revisiting the Agency-Stewardship Debate -- Introduction -- Institutional Background -- Literature Review and Development of Hypotheses -- CEO Duality -- CEO Tenure -- Moderating Role of Board Composition: Independent Directors -- Moderating Role of Board Composition: Executive Directors -- Methodology -- Sample -- Measurements -- Dependent Variables -- Independent Variables -- Control Variables -- Results -- Discussion and Future Research -- Theoretical Considerations -- Practical Implications -- Limitations and Future Research -- References -- How Do Family, Insider, and Institutional Shareholder Perceive Institutional Risks in Foreign Market Entry? Evidence from N... -- Introduction -- Institutional Distance and Transnational Transfer of Strategic Organizational Practices -- Corporate Governance and FDI Strategy -- Effects of Family Shareholding.

Effects of Nonfamily Insider Shareholding -- Effects of Domestic and Foreign Institutional Shareholding -- Institutional Distance and Entry Strategy -- Methodology -- Sample and Data Source -- Variables and Measurement -- Model Specification -- Empirical Results -- Discussion and Implications -- Author Biography -- Acknowledgments -- References -- Effects of Market Timing on the Capital Structure of Brazilian Firms -- Introduction -- Market Timing and Capital Structure -- Research Design -- Data -- Variables -- Econometric Models -- Relations between Past Market Values and Capital Structure -- Relation between Past Market Values and Capital Structure using Alternative Control Variables -- Relation between Past Market Values and Growth Opportunities -- Results -- Conclusions -- Notes -- References.

The adoption of pro-market economic reforms by emerging market economies in last two decades has transformed the institutional context for firms in these economies. The objective of this volume is to better understand how domestic and foreign firms have transformed their strategy, organization and management system in response to this change.

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Electronic reproduction. Ann Arbor, Michigan : ProQuest Ebook Central, 2018. Available via World Wide Web. Access may be limited to ProQuest Ebook Central affiliated libraries.