theory of the firmtransactions cost economicsresource-based theoryinternalizationstrategic governanceInternational business scholars have successfully applied transactions cost economics theories of the firm to understand a wide variety of global business phenomena. However, because this theory takes the value ...
Firms that desire to outshine in the business environment seek to employ available and limited resources to the best of their ability to achieve their goals. Because scarcity of resources is a significant limitation in the business environment, resource-allocation theory assumes that firms pick the m...
Firms often resort to decoupling when they need to balance efficiency concerns with institutional pressures from legal or normative expectations. The concept of decoupling has been cited to explain a wide range of management issues, including corporate social responsibility, strategic change, protection ...
). Therefore, in situations where internal controls are weaker, managers’ decisions may be driven more by personal interests than by the maximization of the firm’s overall interests, resulting in a deviation from the optimal path in the allocation of labor resources. On this basis, if the ...
a minimum rate or borrow at a maximum rate from the SBP in times of need. Low levels of financial and customer involvement, along with a tiny percentage of IB market share, are insufficient to acquire consumers’ trust and draw them to IB rather than CB (Ahmed, 2018). Consequently, it ...
Based on limitations of existing theories, we develop a theory in light of regulatory framework – Farmers Fox Theory – that would advance existing IB knowledge; also offer some important propositions for new research. The selection of words ‘Farmers’ and ‘Fox’ are stubborn, hence they are...
If those SMEs with internal resources receive valuable government information through external knowledge sources, the likelihood of innovation increases for firms with international experience and political connections. In other words, if a firm’s owner or family has both political experience and access ...
The results show that a firm does need an advantageous past social network position for innovation. Previous local and global centrality in a social network has a different influence on innovation. For the local centrality indices, degree centrality has a positive impact in the short-term, but ...
GPB Capital will provide capital as well as strategic and operational assistance to help Surge expand its presence in New England. GPB Capital Expands into New England with Acquisition of Majority Stake in Surge Resources "The GPB, actually and in effect, competes with the private licensed recruitm...
theory (Buckley & Casson, 1976) and Rugman’s (1981) framework, which explains different forms of internationalization by way of combining firm- and country-specific factors. In general, these and other dominant IB theories have viewed offshoring as a two-step strategic process whereby MNEs first...