Have a personal or library account? Click to login
The Competitiveness of Business Groups and Their Affiliates in International Operations Cover

The Competitiveness of Business Groups and Their Affiliates in International Operations

Open Access
|Dec 2016

References

  1. [1] Amsden, A.H., Hikino, T., 1994. Project execution capability, organizational know-how and conglomerate corporate growth in late industrialization. Industrial and Corporate Change, 3(1), p.111. 10.1093/icc/3.1.111
  2. [2] Barney, J., 1991. Firm resources and sustained competitive advantage. Journal of Management, 17(1), pp.99-120. 10.1177/014920639101700108
  3. [3] Birkinshaw, J., Hood, N., Jonsson, S., 1998. Building firm-specific advantages in multinational corporations: the role of subsidiary initiative. Strategic Management Journal, 19(3), pp.221-242. 10.1002/(SICI)1097-0266(199803)19:3<;221::AID-SMJ948>3.0.CO;2-P
  4. [4] Bonaglia, F., Goldstein, A., Mathews, J.A., 2007. Accelerated internationalization by emerging markets' multinationals: The case of the white goods sector. Journal of World Business, 42(4), pp.369-383. 10.1016/j.jwb.2007.06.001
  5. [5] Buckley, P., Cross, A., Tan, H., Xin, L., Voss, H., 2008. Historic and emergent trends in Chinese outward direct investment. Management International Review, 48(6), pp.715-748. 10.1007/s11575-008-0104-y
  6. [6] Carney, M., Gedajlovic, E., Heugens, P., Van Essen, M., Van Oosterhout, J., 2011. Business group affiliation, performance, con-text, and strategy: a meta-analysis. Academy of Management Journal, 54(3), pp.437-460. 10.5465/AMJ.2011.61967812
  7. [7] Chacar, A., Vissa, B., 2005. Are Emerging Economies Less Efficient? Performance Persistence and the Impact of Business Group Affiliation. Strategic Management Journal, 26(10), pp.933-946. 10.1002/smj.478
  8. [8] Chandler, A.D., 1990. Scale and scope: Cambridge Univ Press. 10.4159/9780674029385
  9. [9] Chang, S.J., 2006. Business groups in East Asia: Post-crisis restructuring and new growth. Asia Pacific Journal of Management, 23(4), 407-417. 10.1007/s10490-006-9013-4
  10. [10] Chang, S.J., Choi, U., 1988. Strategy, structure and performance of Korean business groups: A transactions cost approach. The Journal of Industrial Economics, pp.141-158. 10.2307/2098561
  11. [11] Chang, S.J., Hong, J., 2000. Economic performance of group-affiliated companies in Korea: Intragroup resource sharing and internal business transactions. Academy of Management Journal, pp.429-448. 10.2307/1556403
  12. [12] Chittoor, R., Ray, S., 2007. Internatio-nalization paths of Indian pharma-ceutical firms A strategic group analysis. Journal of International Manage-ment, 13(3), pp.338-355. 10.1016/j.intman.2007.05.008
  13. [13] Colpan, A., Hikino, T., 2010. Foundations of Business Groups: Towards an Integrated Framework In A. M. Colpan, J. R. Lincoln & T. Hikino (Eds.), The Oxford handbook of business groups: Oxford Univ Pr. 10.1093/oxfordhb/9780199552863.003.0002
  14. [14] Colpan, A., Hikino, T., Lincoln, J., 2010. The Oxford handbook of business groups: Oxford Univ Pr. 10.1093/oxfordhb/9780199552863.001.0001
  15. [15] Contractor, F., 2013. Punching above their weight. International Journal of Emerging Markets, 8(4), 304-328. 10.1108/IJoEM-06-2013-0102
  16. [16] Cuervo-Cazurra, A., Genc, M., 2008. Transforming disadvantages into advantages: developing -country MNEs in the least developed countries. Journal of International Business Studies, 39(6), pp.957-979. 10.1057/palgrave.jibs.8400390
  17. [17] Cuervo‐Cazurra, A., 2012. Extending theory by analyzing developing country multinational companies: solving the goldilocks debate. Global Strategy Journal, 2(3), pp.153-167. 10.1111/j.2042-5805.2012.01039.x
  18. [18] Delios, A., Ma, X., 2010. Diversification strategy and business groups. In A.M. Colpan, T. Hikino, J.R. Lincoln (Eds.). The Oxford Handbook of Business Groups, pp.718-742. Oxford: Oxford University Press. 10.1093/oxfordhb/9780199552863.003.0026
  19. [19] Demsetz, H., 1988. Theory of the Firm Revisisted, The. Journal of Law, Economics & Organization, 4, p.141.
  20. [20] Dierickx, I., Cool, K., 1989. Asset stock accumulation and sustainability of competitive advantage. Management Science, 35(12), pp.1504-1511. 10.1287/mnsc.35.12.1504
  21. [21] Douma, S., George, R., Kabir, R., 2006. Foreign and domestic ownership, business groups, and firm performance: evidence from a large emerging market. Strategic Management Journal, 27(7), pp.637-657. 10.1002/smj.535
  22. [22] Dunning, J., 1980. Towards an eclectic theory of international production: some empirical tests. Journal of International Business Studies, 11(1), pp.9-31. 10.1057/palgrave.jibs.8490593
  23. [23] Dunning, J., 2000. The eclectic paradigm of international production. The Nature of the Transnational Firm, p.119.
  24. [24] Dyer, J., Singh, H., 1998. The relational view: Cooperative strategy and sources of interorganizational competitive advantage. Academy of Management Review, 23(4), pp.660-679. 10.5465/amr.1998.1255632
  25. [25] Elango, B., Pattnaik, C., 2007. Building Capabilities for International Operations through Networks: A Study of Indian Firms. Journal of International Business Studies, 38(4), pp.541- 555. 10.1057/palgrave.jibs.8400280
  26. [26] Erramilli, M.K., Agarwal, S., Kim, S.-S., 1997. Are firm-specific advantages location-specific too? Journal of International Business Studies, pp.735-757. 10.1057/palgrave.jibs.8490117
  27. [27] Gammeltoft, P., Barnard, H., Madhok, A., 2010. Emerging multinationals, emerging theory: Macro- and micro-level perspectives. Journal of International Management, 16(2), pp.95-101. 10.1016/j.intman.2010.03.001
  28. [28] Garg, M., Delios, A., 2007. Survival of the foreign subsidiaries of TMNCs: The influence of business group affiliation. Journal of International Management, 13(3), pp.278-295. 10.1016/j.intman.2007.05.007
  29. [29] Ghemawat, P., Khanna, T., 1998. The nature of diversified business groups: A research design and two case studies. The Journal of Industrial Economics, 46(1), pp.35-61. 10.1111/1467-6451.00060
  30. [30] Goldstein, A.E., Wells, L.T., 2007. Multinational companies from emerging economies: composition, conceptualization and direction in the global economy: Palgrave Macmillan New York. 10.1057/9780230206335
  31. [31] Gonenc, H., Kan, O., Karadagli, E. (2007). Business Groups and Internal Capital Markets. Emerging Markets Finance & Trade, 43(2), pp.63-81. 10.2753/REE1540-496X430204
  32. [32] Granovetter, M., 1995. Coase revisited: business groups in the modern economy. Industrial and Corporate Change, 4, pp.93-130. 10.1093/icc/4.1.93
  33. [33] Guillén, M.F., 2000. Business groups in emerging economies: a resource-based view. Academy of Management Journal, 43, pp.362- 380. 10.2307/1556400
  34. [34] Henisz, W.J., 2003. The Power of the Buckley and Casson Thesis: The Ability to Manage Institutional Idiosyncrasies. Journal of International Business Studies, 34(2), pp.173-184. 10.1057/palgrave.jibs.8400015
  35. [35] Hennart, J.F., 1982. A Theory of Multinational Enterprise. Ann Arbor: University of Michigan Press.
  36. [36] Hennart, J.F., 2009. Down with MNE centric theories! Market entry and expansion as the bundling of MNE and local assets. Journal of International Business Studies, 40, pp.1432- 1454. 10.1057/jibs.2009.42
  37. [37] Heugens, P., Zyglidopoulos, S., 2008. From social ties to embedded competencies: the case of business groups. Journal of Management & Governance, 12(4), pp.325-341. 10.1007/s10997-008-9064-7
  38. [38] Hobday, M., 1995. East Asian latecomer firms: learning the technology of electronics. World Development, 23(7), pp.1171-1193. 10.1016/0305-750X(95)00035-B
  39. [39] Hymer, S.,1976. The international operations of national firms: A study of Direct Foreign Investment. Cambridge, MA: MIT Press.
  40. [40] Johanson, J., Vahlne, J.E., 1977. The Internationalization Process of the Firm-A Model of Knowledge Development and Increasing Foreign Market Commitments. Journal of International Business Studies, 8(1), pp.23-32. 10.1057/palgrave.jibs.8490676
  41. [41] Khanna, T., Palepu, K., 1997. Why focused strategies may be wrong for emerging markets. Harvard Business Review, 75(4), pp.41-51.
  42. [42] Khanna, T., Palepu, K., 2000. The future of business groups in emerging markets: longrun evidence from Chile. Academy of Management Journal, 43, pp.268-285. 10.2307/1556395
  43. [43] Khanna, T., Rivkin, J., 2001. Estimating the performance effects of business groups in emerging markets. Strategic Management Journal, 22(1), pp.45-74. 10.1002/1097-0266(200101)22:1<;45::AID-SMJ147>3.0.CO;2-F
  44. [44] Kim, H., Hoskisson, R., Tihanyi, L., Hong, J., 2004. The evolution and restructuring of diversified business groups in emerging markets: The lessons from chaebols in Korea. Asia Pacific Journal of Management, 21(1), pp.25-48. 10.1023/B:APJM.0000024076.86696.d5
  45. [45] Kock, C.J., Guillén, M.F., 2001. Strategy and structure in developing countries: Business groups as an evolutionary response to opportunities for unrelated diversification. Industrial and Corporate Change, 10(1), pp.77- 113. 10.1093/icc/10.1.77
  46. [46] Kumaraswamy, A., Mudambi, R., Saranga, H., Tripathy, A., 2012. Catch-up strategies in the Indian auto components industry: Domestic firms/' responses to market liberalization. J Int Bus Stud, 43(4), pp.368-395. 10.1057/jibs.2012.4
  47. [47] Lavie, D., 2006. The competitive advantage of interconnected firms: an extension of the resource-based view. Academy of Manage-ment Review, 31(3), pp.638-658. 10.5465/amr.2006.21318922
  48. [48] Leff, N., 1978. Industrial Organization and Entrepreneurship in the Developing Countries: The Economic Groups. Economic Develop-ment & Cultural Change, 26(4), pp.661. 10.1086/451052
  49. [49] Leibenstein, H., 1968. Entrepreneurship and development. The American Economic Review, 58(2), pp.72-83.
  50. [50] Li, P.P., 2007. Toward an integrated theory of multinational evolution: The evidence of Chinese multinational enterprises as late-comers. Journal of International Management, 13(3), pp.296-318. 10.1016/j.intman.2007.05.004
  51. [51] Luo, Y., Tung, R.L., 2007. International Expansion of Emerging Market Enterprises: A Springboard Perspective. Journal of International Business Studies, 38(4), pp.481-498. 10.1057/palgrave.jibs.8400275
  52. [52] Mahmood, I., Mitchell, W., Chung, C., 2006. The Structure of Intra-Group Ties: Innovation in Taiwanese Business Groups.
  53. [53] Mahmood, I., Zhu, H., Zajac, E., 2011. Where can capabilities come from? network ties and capability acquisition in business groups. Strategic Management Journal, 32(8), pp.820- 848. 10.1002/smj.911
  54. [54] Pananond, P., Zeithaml, C., 1998. The International Expansion Process of MNEs from Developing Countries: A Case Study of Thailand's CP Group. Asia Pacific Journal of Management, 15(2), pp.163-184. 10.1023/A:1015485413835
  55. [55] Penrose, E., 1959. The theory of the growth of the firm: Oxford.
  56. [56] Ramamurti, R., 2012. What is really different about emerging market multinationals? Global Strategy Journal, 2(1), pp.41-47. 10.1002/gsj.1025
  57. [57] Ramamurti, R., Singh, J., 2009. Emerging multinationals in emerging markets: Cambridge University Press Cambridge. 10.1017/CBO9780511576485
  58. [58] Rugman, A., 1981. Inside the multinationals: the economics of the multinational enterprise: Columbia University Press, New York.
  59. [59] Rugman, A., 2009. Theoretical aspects of MNEs from emerging markets. In R. Ramamurti & J. V. Singh (eds.), Emerging multinationals in emerging markets: Cambridge University Press Cambridge.
  60. [60] Rugman, A., D'Cruz, J.R., 2000. Multinationals as flagship firms: Regional business networks: Oxford University Press, USA.
  61. [61] Rugman, A., Verbeke, A., 1992. A note on the transnational solution and the transaction cost theory of multinational strategic management. Journal of International Business Studies, 23(4), pp.761-771. 10.1057/palgrave.jibs.8490287
  62. [62] Strachan, H., 1976. Family and other business groups in economic development : the case of Nicaragua. New York: Praeger.
  63. [63] Tan, D., Meyer, K., 2010). Business groups' outward FDI: A managerial resources perspective. Journal of International Management, 16(2), pp.154-164. 10.1016/j.intman.2010.03.006
  64. [64] Teece, D., 2014. A dynamic capabilities-based entrepreneurial theory of the multinational enterprise. Journal of International Business Studies, 45(1), pp.8-37. 10.1057/jibs.2013.54
  65. [65] Teece, D., Pisano, G., Shuen, A., 1997. Dynamic capabilities and strategic mana-gement. Strategic Management Journal, 18(7), pp.509-533. 10.1002/(SICI)1097-0266(199708)18:7<;509::AID-SMJ882>3.0.CO;2-Z
  66. [66] UNCTAD, 2010. World Investment Report. New York: United Nations.
  67. [67] Verbeke, A., 2009. International business strategy: Rethinking the foundations of global corporate success. Cambridge University Press. 10.1017/CBO9780511808722
  68. [68] Williamson, O.E., 1981. The economics of organization: The transaction cost approach. American Journal of Sociology, pp.548-577. 10.1086/227496
  69. [69] Witt, M.A., Lewin, A.Y., 2007. Outward Foreign Direct Investment as Escape Response to Home Country Institutional Constraints. Journal of International Business Studies, 38(4), pp.579-594. 10.1057/palgrave.jibs.8400285
  70. [70] Yaprak, A., Karademir, B., 2010. The internationalization of emerging market business groups: an integrated literature review. International Marketing Review, 27(2), pp.245- 262. 10.1108/02651331011037548
  71. [71] Yiu, D.W., 2011. Multinational advantages of Chinese business groups: A theoretical exploration. Management and organization review, 7(2), pp.249-277. 10.1111/j.1740-8784.2010.00210.x
  72. [72] Yiu, D. W., Lu, Y., Bruton, G.D., Hoskisson, R.E., 2007. Business Groups: An Integrated Model to Focus Future Research. Journal of Management Studies, 44(8), pp.1551-1579. 10.1111/j.1467-6486.2007.00735.x
  73. [73] Zaheer, S., 1995. Overcoming the liability of foreignness. Academy of Management Journal, 38(2), pp.341-363. 10.2307/256683
DOI: https://doi.org/10.1515/fman-2016-0020 | Journal eISSN: 2300-5661 | Journal ISSN: 2080-7279
Language: English
Page range: 251 - 262
Published on: Dec 5, 2016
Published by: Warsaw University of Technology
In partnership with: Paradigm Publishing Services
Publication frequency: 1 issue per year

© 2016 Roderick Caballero Bugador, published by Warsaw University of Technology
This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.