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Five D'Amore-McKim faculty members featured in Journal of World Business 50th anniversary issue

Five D’Amore-McKim School of Business faculty members contributed articles to the 50th anniversary issue of the Journal of World Business–The World of Global Business 1965-2015–accounting for one third of the issue’s contributions.

Published

April 13, 2016

Five D’Amore-McKim School of Business faculty members contributed articles to the 50th anniversary issue of the Journal of World Business, Special Issue: The World of Global Business 1965-2015, accounting for one third of the issue’s contributions.

Jonathan P. Doh, editor-in-chief of the journal, developed a list of renowned international business scholars and requested they contribute articles to the anniversary issue. D’Amore-McKim’s own Ruth V. Aguilera, Allan Bird, Paula Caligiuri, Alvaro Cuervo-Cazurra, and Valentina Marano, were among those selected.

The special issue focuses on four broad areas: environmental, policy, and stakeholders; strategy, growth and expansion; culture, leadership, and talent; and governances, alliances, and technology. Articles reflect on the evolving frameworks and environments of the global business sector and how these changes impact the study of international business.

The Journal of World Business, formerly know as The Columbia Journal of World Business, was established in 1965 and now has an acceptance rate of less than 10 percent and publishes more than 600 pages annually.

Access the articles by D’Amore-McKim faculty members

Ruth V. Aguilera
Global corporate governance: On the relevance of firms’ ownership structure
Co-author: Rafel Crespi-Cladera

This article addresses reviews research on corporate governance of the modern corporation around the world, with particular attention to the key variable of ownership structure. We first review the evolution of ownership studies from the early days of the Berle and Means to more contemporary research on how ownership has defined the various corporate governance systems around the world. We maintain that concentrated and family ownership structures in emerging economies, the role of the diverse type of large blockholders, and the evolution to more dispersed structures can help to inform broader questions around corporate governance and its relationship to economic development and the role of institutions in these economies. We propose that future research should draw on micro data on firm specific ownership structures and their corporate governance practices to better understand the cross-national diversity of governance and its meanings and consequences. We close by identifying some fruitful areas of future research.

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Allan Bird

Allan Bird
From cross-cultural management to global leadership: Evolution and adaptation
Co-author: Mark E. Mendenhall

We provide a quasi-historical review of how the field of global leadership evolved. In doing so, we conceptually map an overall trajectory of the field of global leadership, discussing the nature of its origins in the field of cross-cultural management. We trace evolutionary trends in the field of cross-cultural management from 1960 to the present, and explore how these trends influenced the formation of the global leadership literature. After reviewing the primary domains of the global leadership field, we conclude with a discussion of the implications of our analysis for future research and managerial practice.

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Paula Caligiuri

Paula Caligiuri
Evolving and enduring challenges in global mobility
Co-author: Jaime Bonache

This article reviews the past 50 years of the science and practice of global mobility in organizations, highlighting the continuum of issues – from those that have endured throughout the decades to those that have changed as a function of economic, competitive, and demographic trends. At this latter end of the continuum, the field of global mobility has seen dramatic changes in the strategic deployment of expatriates, changes in assignment types, and demographic changes in the profile of expatriates. These are discussed in the first part of the article. In the second part of the article we review the issues which have been impervious to change over the years. We draw upon recent evidence from the fields of neuroscience and human development to examine two of the more enduring issues of global mobility: the change in individuals’ competencies as a function of living and working in another country and the personality characteristics and motivation related to expatriates’ success abroad. Taken together, these enduring and evolving issues in global mobility have implications for future research and practice.

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Alvara Cuervo-Cazurra

Alvaro Cuervo-Cazurra
Corruption in international business

I analyze corruption in international business, presenting a critical assessment of the topic and providing suggestions for future research. I argue that corruption creates a laboratory for expanding international business studies because its illegal nature, the differences in perception about illegality, and the variation in the enforcement of laws against bribery across countries challenge some of the assumptions upon which arguments have been built, i.e., that managers can choose appropriate actions without major legal implications. Hence, I first provide suggestion for how to analyze the topic of corruption in future studies by analyzing the types, measures, causes, consequences, and controls of corruption. I then provide suggestions for how to extend leading theories of the firm by using corruption as a laboratory that challenges some of the assumptions of these theories: extending agency theory by analyzing the existence of unethical agency relationships; extending transaction cost economics by analyzing illegal transaction costs minimization; extending the resource-based view by studying corporate social irresponsibility capability; extending resource dependency by analyzing the ethical power escape; and extending neo-institutional theory by studying illegal legitimacy.

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Valentina Marano

Valentina Marano
Headquarters-subsidiary relationships in MNCs: Fifty years of evolving research
Co-authors: Tatiana Kostova and Stephen Tallmanc

We review the contributions to research on headquarters–subsidiary (HQS) relationships published in the Journal of World Business (known as the Columbia Journal of World Business until 1997) from the late 1960s to the present day. Based on 81 articles on the topic, we identify trends and dominant approaches in the journal's contributions to this area and link them to trends in the broader field of international management (IM) research and practice. We underline the journal's pioneering role in identifying and bringing to the forefront novel research questions and ideas that would later become central to the IM field. We conclude by assessing the importance and relevance of the journal's contributions to the literature on HQS relationships and by suggesting several directions for future research in this area, which could build on past work and leverage new phenomena.

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